Backdoors Affect Bitcoin ATMs and ATMs Alike
This article was posted on Monday, 15:08, UTC.
The Bitcoin ATM, as a relatively new industry, has perhaps not been put to the test like Bitcoin exchanges. This has some criminals worrying if Bitcoin ATMs could be a good place to steal value. Criminals all over the world already target regular ATMs, so, perhaps thinking that the amateur-nature of Bitcoin could make such ATMs susceptible, bugs and malware have been designed for a Bitcoin ATM. Russian security firm malware researchers at a Russian security firm identified a new Trojan designed for Linux devices which takes screenshots and logs keystrokes. Researchers at the security firm Dr Web suggests that…
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Justin O'Connell is the founder of financial technology focused CryptographicAsset.com.
Justin organized the launch of the largest Bitcoin ATM hardware and software provider in the world at the historical Hotel del Coronado in southern California.
His works appear in the U.S.'s third largest weekly, the San Diego Reader, VICE and elsewhere.