BitInstant becomes latest bitcoin theft victim

Finextra: BitInstant becomes latest bitcoin theft victim

finextra.com 06 Mar '13, 11am

BitInstant becomes latest bitcoin theft victim

BitInstant becomes latest bitcoin theft victim 15 hours ago | 1802 views | 0 Using simple social engineering techniques, an attacker has managed to steal around $12,500 in bitcoins from virtual currency exchange BitInstant. BitInstant went offline over the weekend before reappearing on Monday with a blog post explaining the attack. According to the post, an attacker contacted the site's domain registrar - proxying through a network owned by a UK haulage company - posing as the writer and using a "very similar" e-mail address. Armed with details of the writer's place of birth and mother's maiden name, presumably found online, the attacker convinced the domain registrar, Site5, to add their e-mail address to the account and make it the primary login. After gaining access, the attacker managed to steal $12,480 worth of bitcoins and send them in three instalments to other bitc...

Full article: http://www.finextra.com/News/FullStory.aspx?newsitemid=24607

Tweets

@PaymentsAtoZ » 12 Mar '13, 8pm
#bitcoin still needs more work! 2 issues in one week! Check this too - [link] [link]
@dancommator » 07 Mar '13, 11am
BitInstant becomes latest bitcoin theft victim #BitInstant #Bitcoin #digitalcurrency #banking #digitalrisk [link]
@Computertaal » 07 Mar '13, 9am
RT @jorendewachter: BitInstant becomes latest bitcoin theft victim [link] via @Finextra
@reecesinden » 06 Mar '13, 5pm
Latest news from Finextra; BitInstant becomes latest bitcoin theft victim [link] via @Finextra
@Fraud_Chief » 06 Mar '13, 2pm
BitInstant becomes latest bitcoin theft victim [link] #fraud
@GNULinuxGuy » 06 Mar '13, 12pm
RT @bfpennington: #BitInstant becomes latest #bitcoin theft victim [link] via @Finextra
» 06 Mar '13, 11am
RT @citysleuth BitInstant becomes latest bitcoin theft victim [link]
@BitcoinByte » 06 Mar '13, 11am
RT @rayleee: Finextra: BitInstant becomes latest bitcoin theft victim [link] - Is enough done to make bitcoin exchanges secure enough??
@rayleee » 06 Mar '13, 11am
Finextra: BitInstant becomes latest bitcoin theft victim [link] - Is enough done to make bitcoin exchanges secure enough??
@bfpennington » 06 Mar '13, 11am
#BitInstant becomes latest #bitcoin theft victim [link] via @Finextra
@StanleyEpstein » 06 Mar '13, 11am
BitInstant becomes latest bitcoin theft victim [link] #citadv
@Trog001 » 06 Mar '13, 11am
BitInstant becomes latest bitcoin theft victim [link] innovative cyber attack, exploiting DNS registration #Yam
@Finextra » 06 Mar '13, 11am
BitInstant becomes latest bitcoin theft victim [link]
@NextBankEurope » 06 Mar '13, 11am
BitInstant becomes latest bitcoin theft victim [link]
@NxtBnk » 06 Mar '13, 11am
BitInstant becomes latest bitcoin theft victim [link]