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Author Topic: [2014-03-17] Ottawa Citizen Ottawa bitcoin exchange defrauded of $100,000 in ...  (Read 1127 times)
ArticMine (OP)
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March 18, 2014, 06:46:53 PM
Last edit: March 18, 2014, 07:01:13 PM by ArticMine
 #1

Ottawa bitcoin exchange defrauded of $100,000 in cyber currency

http://www.ottawacitizen.com/business/Ottawa+bitcoin+exchange+defrauded+cyber+currency/9628321/story.html

One thing keep in mind here is that the data centre that was breached was owned by Rogers. Rogers is well known in Canada for providing totally abysmal customer service for well over a quarter of a century. To quote from the article
Quote
David Girard, senior security adviser for Trend Micro Canada, said while many of the attacks against other exchanges have been sophisticated, the way that Canadian Bitcoin’s walletwas accessed shouldn’t have happened.

“The guy at the data centre should have figured out that he was being phished,” said Girard, referring to a method of prodding personal information from a target. “He does everything that the person (online) is asking without authenticating the person by having him tell him his secret password, reveal his identity or call him back on a list of users authorized to be called back. You need to have some way of authenticating when you work in a data centre.”

This kind of customer service is typical for Rogers. For example Rogers decided to ground a cable modem by drilling into a live gas line and then refused to do anything about it when advised of the problem. www.ihaterogers.ca

Edit: They also pick people basically at random and ruin their lives with bogus collection actions. http://www.cbc.ca/news/canada/rogers-bill-ruins-credit-rating-of-man-who-doesn-t-have-rogers-account-1.1959175

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
FeedbackLoop
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March 18, 2014, 09:49:30 PM
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Edit: They also pick people basically at random and ruin their lives with bogus collection actions. http://www.cbc.ca/news/canada/rogers-bill-ruins-credit-rating-of-man-who-doesn-t-have-rogers-account-1.1959175

Wow!

Brutal stuff there. An horrible example of both the above the law power that the bankster network credit rating agencies have and the above the law power that criminal people at the wheel of corporations have since they can do horrible things like that for profit and if the company burns in law-suits they just walk away unscathed.

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March 18, 2014, 11:49:56 PM
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We have reviewed our security processes and continue to work with our customers to make sure they take advantage of all of our security features.

In other words, Roger's claims that the gaping hole in their security was the exchange's fault

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March 19, 2014, 01:13:45 AM
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Ottawa bitcoin exchange defrauded of $100,000 in cyber currency

http://www.ottawacitizen.com/business/Ottawa+bitcoin+exchange+defrauded+cyber+currency/9628321/story.html

One thing keep in mind here is that the data centre that was breached was owned by Rogers. Rogers is well known in Canada for providing totally abysmal customer service for well over a quarter of a century. To quote from the article
Quote
David Girard, senior security adviser for Trend Micro Canada, said while many of the attacks against other exchanges have been sophisticated, the way that Canadian Bitcoin’s walletwas accessed shouldn’t have happened.

“The guy at the data centre should have figured out that he was being phished,” said Girard, referring to a method of prodding personal information from a target. “He does everything that the person (online) is asking without authenticating the person by having him tell him his secret password, reveal his identity or call him back on a list of users authorized to be called back. You need to have some way of authenticating when you work in a data centre.”

This kind of customer service is typical for Rogers. For example Rogers decided to ground a cable modem by drilling into a live gas line and then refused to do anything about it when advised of the problem. www.ihaterogers.ca

Edit: They also pick people basically at random and ruin their lives with bogus collection actions. http://www.cbc.ca/news/canada/rogers-bill-ruins-credit-rating-of-man-who-doesn-t-have-rogers-account-1.1959175

So in your country, who has the power to rewrite the rules for credit bureau?
ArticMine (OP)
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March 19, 2014, 03:51:28 AM
 #5

Ottawa bitcoin exchange defrauded of $100,000 in cyber currency

http://www.ottawacitizen.com/business/Ottawa+bitcoin+exchange+defrauded+cyber+currency/9628321/story.html

One thing keep in mind here is that the data centre that was breached was owned by Rogers. Rogers is well known in Canada for providing totally abysmal customer service for well over a quarter of a century. To quote from the article
Quote
David Girard, senior security adviser for Trend Micro Canada, said while many of the attacks against other exchanges have been sophisticated, the way that Canadian Bitcoin’s walletwas accessed shouldn’t have happened.

“The guy at the data centre should have figured out that he was being phished,” said Girard, referring to a method of prodding personal information from a target. “He does everything that the person (online) is asking without authenticating the person by having him tell him his secret password, reveal his identity or call him back on a list of users authorized to be called back. You need to have some way of authenticating when you work in a data centre.”

This kind of customer service is typical for Rogers. For example Rogers decided to ground a cable modem by drilling into a live gas line and then refused to do anything about it when advised of the problem. www.ihaterogers.ca

Edit: They also pick people basically at random and ruin their lives with bogus collection actions. http://www.cbc.ca/news/canada/rogers-bill-ruins-credit-rating-of-man-who-doesn-t-have-rogers-account-1.1959175

So in your country, who has the power to rewrite the rules for credit bureau?


There are strict laws and regulations in Canada with regards to credit bureaus, that is not the issue here. The real issue here is that Rogers is literally in a class by itself when it comes to atrocious customer service, and realistically the only way I can see to deal with them more often than not is to sue them. They get away with this very poor treatment of customers because many people do not realize that taking Rogers to court is in many cases the simplest and less stressful way to deal with them. The individual who Rogers harassed with bogus collections could have avoided damage to his credit rating simply by suing Rogers and their collection agency in court. In the case of Canadian Bitcoins, I would suggest that the owner contact an attorney to explore his options for litigation against Rogers.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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March 19, 2014, 04:52:59 AM
 #6

Keeping a hot wallet on a server you don't physically control...
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March 19, 2014, 06:09:22 AM
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Keeping a hot wallet on a server you don't physically control...  PRICELESS!!!

FTFY  Grin

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March 19, 2014, 06:14:35 AM
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Keeping a hot wallet on a server you don't physically control...  PRICELESS!!! -$100,000

FTFY  Grin

Nah, now it's fixed.
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March 19, 2014, 07:15:09 AM
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Keeping a hot wallet on a server you don't physically control...  PRICELESS!!! -$100,000

FTFY  Grin

Nah, now it's fixed.

Touche  Cheesy

I can't believe I read that correctly............WTF Huh  They deserved to get their BTC stolen  Cheesy

Bitcoin will never be used by the average person..........IQ's are dropping so fast it's scary !!!!!!!!!!!  Roll Eyes

"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole."  -Raylan Givens
Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be
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