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Largest Crypto ATM manufacturer hacked over security hitch- Over $1.5m bitcoin (BTC) Stolen

Posted on March 19, 2023 by Dissent

Olivia Brooke reports:

General Bytes, one of the world’s leading cryptocurrency automated teller machine (ATM) manufacturers, experienced a security breach on the 17th and 18th of March.

The hacker went on to liquidate 56.28 Bitcoins, which was valued at a staggering $1.5 million at the time of the attack. The stolen Bitcoins were taken from cryptocurrency ATM operators in the United States. The number of affected operators sitting between 15 and 20. A significant number of ATM operators in the country were forced to shut down briefly.

Read more at Crypto News Flash.

Details of how the breach occurred and what customers need to know can be found in the bulletin from General Bytes.


Related:

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  • Greece arrests Russian suspected of running $4 billion bitcoin laundering ring; BTC-e goes unexpectedly offline
  • Three North Korean Military Hackers Involved in Sony Pictures Hack, Wanna Cry, and Numerous Other Attacks Indicted in Wide-Ranging Scheme to Commit Cyberattacks and Financial Crimes Across the Globe
  • AlphaBay and Hansa taken down in coordinated operations by FBI and Dutch National Police
  • Kept in the Dark -- Meet the Hired Guns Who Make Sure School Cyberattacks Stay Hidden
Category: Business SectorHackOf Note

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