Post
Topic
Board Press
[2018-09-11] Coinatory: Bitcoin ATMs can be attacked with the help of the ...
by
coinatory.com
on 11/09/2018, 12:25:00 UTC
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/