Data Breach Affects 58,000 Bitcoin ATM Users
/ 1 min read
💔 Byte Federal reports data breach affecting 58,000 customers. The Bitcoin ATM operator Byte Federal disclosed a significant data breach that exposed sensitive information of approximately 58,000 individuals, including Social Security numbers, email addresses, and government-issued IDs. The breach, which occurred on September 30, 2024, went undetected for a month, prompting the company to advise customers to reset their login details. While no user funds were compromised, the leaked data poses risks for identity fraud and targeted phishing attacks. Byte Federal is cooperating with law enforcement and cybersecurity experts to investigate the incident and has urged affected users to monitor their financial accounts and consider freezing their credit reports. The breach highlights ongoing security challenges for Bitcoin ATM operators amid rising cryptocurrency popularity.
