Prevent New Bitcoin Hacks
For 2023, cyber security news is essential in staying up-to-date on the latest developments concerning hackers on the prowl to breach the security of numerous online businesses and individuals alike. Understanding the risks associated with cyber criminals is the only ironclad method of preventing hackers from stealing your valuable information and assets.
Knowing the latest hacking techniques used by threat actors can help you protect yourself from becoming a victim of cyber crime. Thus, staying informed on cyber security news can be the difference between keeping even your bitcoins safe and not losing them to dark web hackers.
General Bytes, have cemented its brand as one of the leading manufacturers of Bitcoin ATMs. This has made it the main target for dark web hackers in the latest Bitcoin hacking news. The company recently revealed that hackers had stolen over $1.5 million worth of Bitcoin from its clients by exploiting a zero-day flaw found in the company’s administration platform for BATMs.
The Bitcoin ATMs produced by General Bytes enable users to buy or sell more than 40 cryptocurrencies.
Clients can remotely operate ATMs utilizing General Bytes’ cloud service or other independent management servers.
According to recent reports, the company revealed over the weekend that dark web hackers successfully deployed a Java application via its ATM’s master console. Accordingly, the hackers breached the ‘batm’ user rights by exploiting a zero-day vulnerability identified as BATM-4780.
Bitcoins have become the most popular form of digital currency, so it’s no surprise that hackers are always hunting easy targets to steal from.
Reports of hackers stealing Bitcoin from online wallets have skyrocketed since this digital currency has become even more valuable than the US dollar. With the tremendous rise in cryptocurrency theft, it’s increasingly important to protect your digital assets.
In 2022 and continuing into 2023, hackers have stolen large amounts of Bitcoin from unsuspecting users. This has had a major impact on the cybersecurity industry, with various companies and organizations taking precautionary measures to protect their customers. However, hackers have continually created new malicious software to infiltrate these cyber security measures. Cyber analysts have highlighted that their investigations show that the latest hacking techniques are becoming increasingly sophisticated and difficult to defend against. Therefore, it advised that Bitcoin investors must stay up-to-date on the latest cyber security measures, as this is essential for any organization looking to stay safe online.
According to reports, cyber criminals have stolen hundreds of millions of dollars worth of Bitcoin from exchanges and users over the last decade. And with cryptocurrency becoming increasingly attractive to cyber criminals due to its decentralized nature, if stolen, there is no recourse as digital currency is difficult to trace.
If you own Bitcoin or another form of cryptocurrency, you must protect your wallet from dark web hackers. To protect your cryptocurrency investments, use two-factor authentication and seek out platforms like Binance that offer a secure cryptocurrency wallet. Additionally, stay up-to-date on the latest hacking news so you can be aware of any potential threats that might arise.
The latest news on hacking and cyber security can provide valuable insights into this ever-evolving lucrative arena plagued by hackers. You must stay one step ahead of dark web criminals lurking in the shadows of the deep web.