A United States Bitcoin ATM operator, Byte Federal, recently disclosed a cyber incident. This incident was caused by a a GitLab vulnerability and led to the exposure of 58,000 users.

Byte Federal became aware of the unauthorized access on November 18th and shut down the platform in order to contain the malicious actor. According to Bute Federal, there has been no evidence that personal data was compromised, nor that user assets or funds were lost. However, user data was subject to the unauthorized access attempt, which includes:

Roger Grimes, Data-Driven Defense Evangelist at KnowBe4, comments, "It seems like Byte Federal is doing all the right things in response to this security breach. Other companies should take note. My biggest worry would be a user's funds or private keys being compromised, but this doesn't appear to have happened, and that's a good thing. Although, the information the attacker did have access to could easily be used in sophisticated spear phishing attacks using crypto-related themes. That's really the only remaining worry. Byte Federal customers have to understand that some attackers intent on stealing their crypto value could use learned information against them in sophisticated phishing attacks and act accordingly."