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ARTICLE · 30 MARCH 2023

Ankura CTIX FLASH Update - March 21, 2023

Ankura Consulting Group LLC
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General Bytes (GB), a large cryptocurrency Automatic Teller Machine (ATM) manufacturer, disclosed on March 18, 2023, through Twitter that it suffered a "security incident" that resulted...

United StatesTechnology
Ankura Consulting Group LLC
Ankura Consulting Group LLC

Malware Activity

General Bytes Discloses Security Incident and $1.5 Million Bitcoin Theft

General Bytes (GB), a large cryptocurrency Automatic Teller Machine (ATM) manufacturer, disclosed on March 18, 2023, through Twitter that it suffered a "security incident" that resulted in the shutdown of various United States-based ATMs and the theft of approximately $1.5 million worth of bitcoin. General Bytes has approximately 15,000 ATMs located in over 149 countries around the globe, and a portion of the kiosks are "two-way," meaning that customers can exchange cash-for-crypto as well as crypto-for-cash. Karel Kyovsky, the founder of General Bytes, detailed in a statement released on March 19, that the security incident occurred from March 17 to March 18 and that the actor responsible "was able to upload his own java application remotely via the master service interface used by terminals to upload videos and run it using batm user privileges. "This was made possible by

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