BIGG Digital Assets
| Primary URL | Location | Industry | biggdigitalassets[.]com |
Country
Canada
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Financial Services
|
|---|
Profile
BIGG Digital Assets, also known as Netcoins, is a Canadian organisation that operates in the cryptocurrency industry. The company is a cryptocurrency brokerage firm, providing services to its clients in the digital asset space. Netcoins has been in operation for several years, and its headquarters is located in Canada.
In September 2023, Netcoins experienced a cybersecurity incident where an unauthorized actor gained access to their network and attempted to withdraw crypto assets. The company's internal control systems detected suspicious activity, blocking abnormal withdrawals, and a potential breach of customer personal information was also identified. As a result, Netcoins enhanced its security measures, reset user passwords, and conducted a forensic investigation with the assistance of cybersecurity experts.
The incident resulted in the loss of approximately CAD $343,000 of the company's operational funds. Despite this, Netcoins has continued to operate and provide services to its clients. The company has taken steps to strengthen its security measures and protect its clients' assets. Netcoins has also been transparent about the incident, releasing a public statement and providing updates on the steps it is taking to prevent similar incidents in the future.
Netcoins is classified under the NAICS industry code 52, which corresponds to the finance and insurance sector. The company's activities are also categorized under the STIX industry classification of financial-services, indicating its focus on providing financial services related to cryptocurrency. As a cryptocurrency brokerage firm, Netcoins plays an important role in facilitating transactions and providing access to digital assets for its clients.
The company's website, netcoins.ca, provides information on its services and operations. Netcoins is also known by its alias BIGG Digital Assets, which is listed as a non-primary name. The company's primary name is Netcoins, and it is recognized as a distinct entity in the cryptocurrency industry.