Bits of Gold breach hits 200,000 customers; no funds stolen

Bits of Gold, founded in 2013, was the first crypto company in Israel to receive a permanent Financial Services Provider license. CEO Youval Rouach leads the firm, which has more than 250,000 customers and holds SOC 2 Type 2 certification. The company told customers it would never ask for passwords, verification codes, private keys, or fund transfers.

"Our security team has begun a comprehensive investigation of the incident, with the assistance of a company specializing in cyber incident investigation and response," Bits of Gold added. "It is important to emphasize: your digital assets and funds are safe and were not involved in the incident."

The exposure of national ID numbers and bank account details creates a phishing and identity-theft risk for affected customers, who may face targeted social-engineering attempts. Israeli regulators have not issued a public statement on the breach.

Bits of Gold said it is contacting affected customers directly and has reported the incident to the relevant authorities. The company did not disclose the identity of the third-party analytics vendor or the timing of when the intrusion occurred.