A US Bitcoin ATM operator says that 58K clients' info was compromised.

One of the biggest Bitcoin ATM operators in the US, Byte Federal, has had a significant data breach that may have affected 58,000 users.

Byte Federal, a Florida-based company, filed a complaint with the attorney general of Maine on December 12 alleging that a security breach had allowed unauthorised access to its clients' personal information.

According to Byte Federal, it learnt of the incident on November 18, roughly 30 days after it happened on September 30, when a malicious actor took use of a flaw in third-party software.

The Bitcoin ATM operator assured users that no user assets or monies were affected and promptly shut down its network after discovering the problem.

58,000 clients may have had their personal information compromised.

The bad actor tried to obtain unauthorised access to the personal data of up to 58,000 users, including 111 people from Maine, according to Byte Federal's petition.

Names, dates of birth, residences, phone numbers, email addresses, government-issued identification, social security numbers, transaction activity, and user photos were among the potentially exposed data.

According to Byte Federal, there is no proof that any of its customers' personal information has ever been accessed or used improperly. It also stated:

"However, we are taking preventative steps to guarantee the safety of your information and to allay any worries you might have."

Byte Federal advises customers to change their login information.

Byte Federal sent out a notice of the hack and hard reset all customer accounts when it happened.

To stop any more illegal access, the platform also upgraded its tokens, keys, password management system, and internal passwords.

Byte Federal stated that a legal inquiry is still on and that "we are conducting a forensic investigation to determine the cause and the scope of the incident with the assistance of an independent cybersecurity team."

For their own protection, the ATM company has also advised users to reset their login information and cautioned users that they might be required to validate their identification and personal information.

In the US, 4.3% of Bitcoin ATMs are run by Byte Federal.

According to CoinATMRadar data, Byte Federal runs 1,356 Bitcoin ATMs in the US, making up 4.3% of all crypto ATMs in the nation.

With at least 8,100 cryptocurrency exchange machines, Bitcoin Depot has the biggest percentage of Bitcoin ATMs in the United States.

United States, ATM, Hackers, Privacy

One of the simplest ways to convert fiat currencies, such as the US dollar, into Bitcoin and vice versa without going via a centralised exchange is to use a Bitcoin ATM.

The US Federal Trade Commission warned against Bitcoin ATMs in September, noting that since 2020, the number of scam occurrences involving BTC ATMs has increased 1,000%.

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