Post
Topic
Board Trading Discussion
Re: Is Bitcoin/Mt.gox under an orchestrated attack to destroy confidence?
by
MagicalTux
on 15/06/2011, 23:35:04 UTC
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.

We are not compromised, however our current ISP has troubles coping with the DDoS.

Note that a DDoS has nothing to do with security. Security usually involves getting inside the site to steal stuff (for example) while DDoS just means sending a lot of legitimate-looking traffic to make the site go down.

Anyway we'll be moving to a much stronger solution soon (contract already signed, waiting for setup).