58,000 Bitcoin ATM Users Exposed In Byte Federal Data Breach


58,000 Bitcoin ATM Users Exposed In Byte Federal Data Breach

Byte Federal, a leading Bitcoin ATM operator in the United States, has disclosed a data breach that compromised the sensitive personal information of approximately 58,000 customers. This breach, which stemmed from a vulnerability in GitLab underscores the persistent challenges businesses face in securing customer data in a hyperconnected world.

The breach occurred on Sept. 30, when an unauthorized actor exploited a known vulnerability in GitLab, a widely used software platform Byte Federal relied on for internal operations. According to initial findings, the attackers accessed a trove of sensitive customer data, including:

Byte Federal immediately responded by shutting down the affected platform, isolating unauthorized access, and implementing a series of emergency security measures, including resetting all customer accounts and updating internal passwords, BleepingComputer reports.

GitLab is a popular online tool that helps developers and teams work together to create and manage software. Think of it like a giant digital workspace where people can store, share and update their code -- similar to how you might use a cloud service like Google Drive or OneDrive to collaborate on documents. While GitLab is an amazing tool for developers, it has risks -- especially if sensitive information, like passwords or keys, accidentally gets stored in public repositories where anyone can find it.

Many companies use third-party tools like GitLab to save time and improve productivity. These platforms are powerful but come with challenges, especially when it comes to security. Here's why:

If you are a Byte Federal customer, there are several steps you can take to protect yourself in light of this breach:

At this time, Byte Federal has not offered credit monitoring or identity protection services. Instead, they have setup a dedicated helpline at (786) 686-2983 or via email at [email protected] for customers to address their concerns.

In a response to BleepingComputer, a Gitlab spokesperson said, "The security of our customers is of utmost importance. We issue security patches on a regular basis to ensure vulnerabilities are patched as soon as we are aware of them. While these patches are automatically updated for GitLab.com customers, those who opt for a self-managed deployment are responsible for their own security. We strongly encourage them to implement updates immediately to ensure the security of their environments."

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