Bitcoin Forum
July 17, 2018, 12:29:39 PM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [2016-10-18] Inside Job Theft Cripples Bitheus' BitXatm Network  (Read 233 times)
BTCManagerOfficial
Full Member
***
Offline Offline

Activity: 210
Merit: 100


View Profile
October 18, 2016, 06:52:12 PM
 #1



A post from the company's blog, German-based Bitcoin ATM company Bitheus announced that they had been sabotaged by an employee over an extended period of time. At the time of the announcement on September 21, at least 18 out of more than 300 of the BitXatm Bitcoin ATM’s, also known as Bitcoin Teller Machines (BTM’s), were affected, with no recourse offered for operators as of yet...

Read more here:

https://btcmanager.com/news/business/inside-job-theft-cripples-bitheus-bitxatm-network/


Follow BTCManager for the Latest on Fintech, Blockchain, and Bitcoin!
1531830579
Hero Member
*
Offline Offline

Posts: 1531830579

View Profile Personal Message (Offline)

Ignore
1531830579
Reply with quote  #2

1531830579
Report to moderator
1531830579
Hero Member
*
Offline Offline

Posts: 1531830579

View Profile Personal Message (Offline)

Ignore
1531830579
Reply with quote  #2

1531830579
Report to moderator
MORE CRYPTO, LESS NOISE
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1531830579
Hero Member
*
Offline Offline

Posts: 1531830579

View Profile Personal Message (Offline)

Ignore
1531830579
Reply with quote  #2

1531830579
Report to moderator
1531830579
Hero Member
*
Offline Offline

Posts: 1531830579

View Profile Personal Message (Offline)

Ignore
1531830579
Reply with quote  #2

1531830579
Report to moderator
1531830579
Hero Member
*
Offline Offline

Posts: 1531830579

View Profile Personal Message (Offline)

Ignore
1531830579
Reply with quote  #2

1531830579
Report to moderator
richardsNY
Legendary
*
Offline Offline

Activity: 1106
Merit: 1078


View Profile
October 18, 2016, 08:14:39 PM
 #2

It's great that a lot companies and exchanges protect themselves against hackers and stuff, but they should even protect themselves much better against their own employees. This shows it once again. Nowadays the risk of theft from employees has become a bigger threat than from potential hackers.

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!