Odaily Planet Daily reports: Chain analyst Specter has raised questions regarding SafePal’s disclosed data breach, noting that the leaked data spans from March 2, 2025, to April 11, 2026, implying the vulnerability occurred no later than April or early May. However, SafePal only disclosed the incident recently, after Trezor announced its own data breach. Specter stated that some users received phishing emails prior to SafePal’s acknowledgment, resulting in financial losses; by failing to issue prior warnings and denying the issue, SafePal exposed its customers’ personal data to risk.
SafePal Faces Criticism for Delayed Disclosure of Data Breach
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Summary
SafePal faces criticism for its delayed response to a security breach, with reports suggesting the incident may have begun as early as April or May 2026. The breach allegedly exposed user data from March 2, 2025, to April 11, 2026, and some users received phishing emails before the company acknowledged the issue. Analyst Specter criticized SafePal for failing to issue warnings and for initially denying the problem, raising concerns about potential exposure of customer data. The incident occurs amid increasing scrutiny of how companies manage inflation data and security breaches.
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