Topic: [2018-09-11] Coinatory: Bitcoin ATMs can be attacked with the help of the ... (Read 143 times)
September 13, 2018, 12:34:37 PM
The article is a bit of nonsense and coinidol just copy/pasted without doing any fact checking whatsoever. Read a full analysis of the 'hack' / scam here: https://us11.campaign-archive.com/?u=0bbed2eb0e6cb0c55eeb94964&id=02a251f206 Journalism is not what it used to be.
September 11, 2018, 08:25:00 AM
According to security researchers, malicious software designed for bitcoin ATMs is already being sold in the “black” markets. For $ 25,000, malware that exploits a vulnerability in the service allows users to raise the price of bitcoin in euros, US dollars, or British pounds.
Researcher Fernando Merke explained: “Unlike conventional ATMs, there is no single set of verification or security standards for ATMs. For example, instead of requiring a credit or debit card for transactions, the ATM bitcoin uses mobile numbers and identity cards to authenticate the user. ”
Read more: https://coinatory.com/2018/09/11/bitcoin-atms-can-be-attacked-with-the-help-of-the-program-for-25000/
Researcher Fernando Merke explained: “Unlike conventional ATMs, there is no single set of verification or security standards for ATMs. For example, instead of requiring a credit or debit card for transactions, the ATM bitcoin uses mobile numbers and identity cards to authenticate the user. ”
Read more: https://coinatory.com/2018/09/11/bitcoin-atms-can-be-attacked-with-the-help-of-the-program-for-25000/
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