Keystone to Destroy Nearly 19,000 Devices Following Security Breach

According to CoinDesk, crypto wallet maker Keystone announced plans to destroy almost 19,000 devices after a security breach was identified. The company disclosed that an automated tool responsible for deleting buyer records beyond its 180-day retention period failed to operate correctly. As a result, some records remained stored past the intended deletion timeline without the firm’s awareness.

The breach led to exposure of approximately 25,964 buyer records. Keystone confirmed that the failure of the automated tool meant certain records were not deleted when they should have been under its standard policy. The company has determined that destroying the devices is part of its response to address the incident.

No additional details were provided regarding the timing of the device destruction, the nature of the breach beyond record exposure, or technical specifics about the tool’s failure. Keystone did not specify whether users were notified at this stage. The action reflects a precautionary step following internal assessment of the security incident.