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Home Incidents

Bitcoin ATM Operator Coin Cloud Hacked

November 14, 2023
Reading Time: 4 mins read
in Incidents
Bitcoin ATM Operator Coin Cloud Hacked

An anonymous hacking group has purportedly compromised Coin Cloud, a Bitcoin ATM operator that faced bankruptcy earlier this year. The group alleges the theft of 70,000 customer selfies and sensitive personal data concerning 300,000 customers.

Furthermore, the exposed information includes Social Security numbers, names, addresses, dates of birth, occupations, phone numbers, and more, raising concerns about potential identity theft and privacy breaches. Cybersecurity expert vx-underground has disclosed the claims on X, complete with redacted images, while the hacked firm, Coin Cloud, is yet to respond to the allegations.

The hacking group has escalated its intrusion by asserting the theft of Coin Cloud’s backend system source code, a serious breach that could have far-reaching implications for the company and its former customers. Vx-underground, who shared this information on X, stated that the unidentified hacker has been communicating these claims in private channels and hinted that the pilfered database might soon be made public.

Additionally, the severity of this breach underscores the vulnerability of personal information in the digital age, especially when linked to financial services like cryptocurrency operations. Despite these claims, Coin Cloud has not issued any comments or responses regarding the alleged compromise.

This reported cyber attack adds another layer of concern to Coin Cloud’s already troubled situation, having filed for bankruptcy earlier in the year. With the potential exposure of such vast amounts of personal information, the affected customers face serious risks related to identity theft, fraud, and other malicious activities.

As the situation unfolds, the cybersecurity community and law enforcement agencies will likely intensify efforts to investigate and mitigate the fallout from this significant breach, emphasizing the critical importance of robust security measures for businesses in the cryptocurrency space.

References:

  • Hackers claim to have compromised bankrupt Bitcoin ATM firm Coin Cloud
  • An unknown Threat Actor(s) claim to have compromised Coin Cloud.
Tags: ATMBitcoinCoin CloudCryptocurrenciesCyber AttacksCyber incidentCyber Incidents 2023CybersecurityHackersNovember 2023Sensitive data
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