Wednesday, September 5, 2012

Bitfloor Hacked

Bitfloor, the fourth largest exchange dealing in US dollars, has just announced that it has been hacked, and the service has taken a loss worth about $250,000 at the time of the theft. As Roman Shtylman, the founder of Bitfloor, describes it, “last night, a few of our servers were compromised. As a result, the attacker gained accesses to an unencrypted backup of the wallet keys (the actual keys live in an encrypted area). Using these keys they were able to transfer the coins. This attack took the vast majority of the coins BitFloor was holding on hand.” As a result, BitFloor has paused all exchange operations and, depending on the effect that this will have on BitFloor’s finances, BitFloor may take one of two options. They may either take the loss and continue running in an attempt to eventually earn the money back or, in the worst case, shut down entirely and begin an account partial refund process out of the available funds.Visit our site to learn about computer forensics or Information Security. Cases involving criminal hacking allegations may involve complex legal issues that may be addressed by an Internet lawyer.

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