News Insights: LocalBitcoins Suffers $28,000 Phishing Attack – UNHASHED
LocalBitcoins Suffers $28,000 Phishing Attack – UNHASHED
LocalBitcoins Suffers $28,000 Phishing Attack – UNHASHED
The popular peer-to-peer trading site LocalBitcoins has reportedly experienced a significant attack and theft. At 10:00 UTC on January 26, the site’s administrators detected an issue that allowed an attacker to gain access to various user accounts. LocalBitcoins quickly locked down outgoing transactions in order to investigate the issue, and some details have already come…
News Insights:
According to Willy Leichter, VP of Marketing, Virsec:
“Because cryptocurrencies offer an untraceable equivalent to digital cash, it should be no surprise that they are attracting attackers and theft. To be successful, this industry will need the strongest level of application protection, but as long as there are humans involved, there will be widespread theft.”
Hugh Taylor
Hugh Taylor is a Certified Information Security Manager (CISM). In addition to editing Journal of Cyber Policy, he writes about cybersecurity, compliance and enterprise technology for such clients as Microsoft, IBM, SAP, HPE, Oracle, Google and Advanced Micro Devices. Prior to launching his freelance writing career, he served in executive roles at Microsoft, IBM and several venture-backed technology startups.