Data Breach: Bitcoin ATM Operator, Byte Federal Reports 58,000 Users Personal Data Compromised
A prominent Bitcoin ATM operator in the US, Byte Federal has recently reported a data breach incident in which it was mentioned that the personal data of thousands of customers may have been compromised during a recent breach.
In a filing with Maine’s attorney general, Byte Federal revealed that the breach occurred on 30th September and was discovered on 18th November. It is said that the hacker tried to access the data of 58,000 customers which includes 111 Maine residents.
In the Data Breach notice, Byte Federal mentioned that the customer’s personal information that was subject to the attempt at unauthorized access includes name, birthdate, address, phone number, email address, government-issued ID, social security number, transaction activity, and photographs of users.
The company is not sure whether the said data is compromised or not, hence they took some preventive measures like a hard reset on all customer accounts, notice of the incident was sent to the users and a press release was also issued. Byte Federal has updated its internal passwords, password management system, tokens, and keys forthe network to prevent any further unauthorized access. It is clarified that no user funds or assets were compromised. Users are also advised to reset their login credentials for access to Byte Federal services.
