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Category — Bitcoin ATM
Hackers Steal Over $1.6 Million in Crypto from General Bytes Bitcoin ATMs Using Zero-Day Flaw

Hackers Steal Over $1.6 Million in Crypto from General Bytes Bitcoin ATMs Using Zero-Day Flaw

Mar 21, 2023 Cryptocurrency / Hacking
Bitcoin ATM maker General Bytes disclosed that unidentified threat actors stole cryptocurrency from hot wallets by exploiting a zero-day security flaw in its software. "The attacker was able to upload his own java application remotely via the master service interface used by terminals to upload videos and run it using 'batm' user privileges," the company  said  in an advisory published over the weekend. "The attacker scanned the Digital Ocean cloud hosting IP address space and identified running CAS services on ports 7741, including the General Bytes Cloud service and other GB ATM operators running their servers on Digital Ocean," it further added. The company said that the server to which the malicious Java application was uploaded was by default configured to start applications present in the deployment folder ("/batm/app/admin/standalone/deployments/"). In doing so, the attack allowed the threat actor to access the database; read and decry...
Hackers Stole Crypto from Bitcoin ATMs by Exploiting Zero-Day Vulnerability

Hackers Stole Crypto from Bitcoin ATMs by Exploiting Zero-Day Vulnerability

Aug 22, 2022
Bitcoin ATM manufacturer General Bytes confirmed that it was a victim of a cyberattack that exploited a previously unknown flaw in its software to plunder cryptocurrency from its users. "The attacker was able to create an admin user remotely via CAS administrative interface via a URL call on the page that is used for the default installation on the server and creating the first administration user," the company  said  in an advisory last week. "This vulnerability has been present in CAS software since version 2020-12-08." It's not immediately clear how many servers were breached using this flaw and how much cryptocurrency was stolen. CAS is short for  Crypto Application Server , a self-hosted product from General Bytes that enables companies to manage Bitcoin ATM ( BATM ) machines from a central location via a web browser on a desktop or a mobile device. The zero-day flaw, which concerned a bug in the CAS admin interface, has been mitigated in two server p...
The Evolving Role of PAM in Cybersecurity Leadership Agendas for 2025

The Evolving Role of PAM in Cybersecurity Leadership Agendas for 2025

Feb 06, 2025AI Security / Cybersecurity
Privileged Access Management (PAM) has emerged as a cornerstone of modern cybersecurity strategies, shifting from a technical necessity to a critical pillar in leadership agendas. With the PAM market projected to reach $42.96 billion by 2037 (according to Research Nester), organizations invest heavily in PAM solutions. Why is PAM climbing the ranks of leadership priorities? While Gartner highlights key reasons such as enhanced security, regulatory compliance readiness, and insurance requirements, the impact of PAM extends across multiple strategic areas. PAM can help organizations enhance their overall operational efficiency and tackle many challenges they face today. To explore more about PAM's transformative impact on businesses, read The Cyber Guardian: PAM's Role in Shaping Leadership Agendas for 2025 by a renowned cybersecurity expert and former Gartner lead analyst Jonathan Care.  What cybersecurity challenges may organizations face in 2025? The cybersecurity landsca...
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