Re: Is Bitcoin/Mt.gox under an orchestrated attack to destroy confidence?
http://securityforthemasses.blogspot.com/2011/06/bitcoin-exchanges-hacked-by-buttsec.html
Looks like Mt Gox has been compromised, but more to prove lack of security and less to do with destroying bitcoin confidence.
Looks like Mt Gox has been compromised, but more to prove lack of security and less to do with destroying bitcoin confidence.
Well, the statement implies that Mt.Gox is down because it was "compromised", as far as I understand it is actually under DDoS attack ... if it's "compromised" what is the need for a DDoS to take it down? I don't know ... by whatever the case, it seems "Buttsec" doesn't have evil intentions
Quote
"ButtSec
Oh hai. We've gained access to some Bitcoin exchange sites. Obviously this includes Mt Gox, which is currently down. Hm wonder why?
Here at Buttsec we're fans of Bitcoin, but we must get the message out there that security is sorely lacking on many of the exchange sites! We will speak with some of these sites in the coming days. If your users aren't given answers, expect some information to make it to the public! ;-)
Yours truly, Buttsec
Bitcoin donations: 15gvHsFAq5RQaFSzUFQUCTCqAjrVoMjv2P
Twitter: @buttsecurity"
Oh hai. We've gained access to some Bitcoin exchange sites. Obviously this includes Mt Gox, which is currently down. Hm wonder why?
Here at Buttsec we're fans of Bitcoin, but we must get the message out there that security is sorely lacking on many of the exchange sites! We will speak with some of these sites in the coming days. If your users aren't given answers, expect some information to make it to the public! ;-)
Yours truly, Buttsec
Bitcoin donations: 15gvHsFAq5RQaFSzUFQUCTCqAjrVoMjv2P
Twitter: @buttsecurity"
That's interesting. After explaining to my fiance what a DDOS was she asked why anyone would do that. I said one reason (among many) would be supporters who would try and point out obvious security flaws.....
Seems everyone is starting to see the potential for much money to be made here and are putting the cart before the horse at the expense of security. Everyone needs to breathe deeply as this evolves....
