Database Breaches

Threatpost News Wrap, August 26, 2016

Mike Mimoso and Chris Brook discuss the news of the week, including the latest on ShadowBrokers and Cisco, Sweet32, decryptors for the Wildfire ransomware, and some gaming forum breaches.

BitFloor Suspends Service After Virtual Currency Heist

The founder of the largest U.S.-based BitCoin exchange has suspended operations after attackers broke into a server and stole $250,000 worth of the virtual currency.BitFloor founder Roman Shtylman announced yesterday that he had halted operations while evaluating future steps following the breach that amounted to some 24,000 stolen Bitcoins, which amounted to the vast majority of coins BitFloor had on hand. The heist happened while Shtylman was doing a backup that left a copy of wallet keys in an unencrypted area of the server’s hard drive.

Subscribe to our newsletter, Threatpost Today!

Get the latest breaking news delivered daily to your inbox.