December 13, 2024 at 08:21AM
Bitcoin ATM operator Byte Federal informed 58,000 individuals of a potential data breach, discovered on November 18, due to a vulnerability in GitLab. Personal data may have been accessed, but no funds were compromised. Byte Federal is taking security measures and advises users to monitor their accounts for suspicious activities.
### Meeting Notes Summary: Byte Federal Data Breach
**Incident Overview:**
– Byte Federal, a Bitcoin ATM operator, is notifying approximately 58,000 individuals about a potential data breach.
– The breach was discovered on November 18 and occurred due to a vulnerability exploited in the GitLab collaboration platform.
**Immediate Actions Taken:**
– Byte Federal has implemented several containment measures:
– Shut down their platform.
– Hard reset all customer accounts.
– Updated internal passwords, tokens, and keys.
– Enhanced their password management system.
**Compromised Information:**
– Potentially compromised personal information includes:
– Names
– Addresses
– Dates of birth
– Phone numbers
– Email addresses
– Social Security numbers
– Government ID numbers
– User photographs
– Transaction activity details
**Current Status:**
– Byte Federal states that no user funds or assets have been compromised.
– They are continuing their investigation to confirm whether any data was stolen.
– The company has not found evidence of any personal information being misused.
**Company Guidance:**
– Although Byte Federal is not offering identity theft protection or credit monitoring services, they recommend that affected individuals:
– Monitor account statements for unusual activity.
– Consider placing a fraud alert or security freeze on their accounts.
**Regulatory Notification:**
– The company has informed the Maine Attorney General’s Office regarding the potential impact on 58,000 individuals.
**Company Background:**
– Byte Federal is one of the largest Bitcoin ATM operators in the US, managing around 1,200 ATMs nationwide, facilitating cryptocurrency transactions.
**Related Incidents:**
– Other recent data breaches affecting a significant number of individuals were noted, including incidents at the Center for Vein Restoration and Anna Jaques Hospital.