Collaborate Disseminate
SUMMARY Byte Federal, the US’s largest Bitcoin ATM operator offering around 1,200 Bitcoin ATMs across the country, recently… Continue reading Bitcoin ATM Giant Byte Federal Hit by Hackers, 58,000 Users Impacted
Hackers are selling malware that can purportedly steal thousands of dollars from bitcoin ATM’s, according to a Japanese cybersecurity company Trend Micro. In a blog post published Tuesday, Trend Micro shows posts by an apparently reputable user in an underground online forum, claiming to have malware that exploits a service vulnerability in a ATM in order to steal up to $6,750 worth of bitcoin from one machine. The main posting is dated June 25, 2018, and Trend Micro shows people on the forum discussing the offering at least a month later. For $25,000, the buyer gets the malware as well as a bank-style card loaded with the malicious code. The card is said to employ two different technologies for potentially communicating with machine: an EMV chip like those in most modern credit cards, and a near-field communication (NFC) capability for wireless access. Trend Micro says that, according to other comments on […]
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Continue reading Ready-to-use bitcoin ATM malware found for sale online
Cryptocurrency owners that use cryptocurrency ATMs should be extra careful. Security researchers have uncovered malware that is specifically crafted to target these ATMs. This malware is being traded on the Dark Web, and its price is quite high. The sh… Continue reading Bitcoin ATMs at Risk of Malware Sold on the Dark Web
Fraudsters who hack corporate bank accounts typically launder stolen funds by making deposits from the hacked company into accounts owned by “money mules,” willing or unwitting dupes recruited through work-at-home job scams. The mules usually are then asked to withdraw the funds in cash and wire the money to the scammers. Increasingly, however, the mules are being instructed to remit the stolen money via Bitcoin ATMs. Continue reading ‘Money Mule’ Gangs Turn to Bitcoin ATMs