How to Hack a Bitcoin Exchange


How do you rob a bitcoin exchange? A data breach investigation report allegedly leaked from Bitstamp, which was hacked in January, provides interesting insights into what appeared to be a dedicated phishing attack. The attacker – or attackers – targeted their attacks to employees, using a variety of social engineering techniques, a.k.a. trickery, to make their entreaties seem real.

Attackers reached out in multiple ways, including Skype as well as email, which is how they disseminated malware that successfully infected at least one of their six targets, allowing them to drain almost 19,000 bitcoins, worth $5.4 million.