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    Home ยป Kraken Flags Vulnerabilities in Crypto ATM BATMtwo
    Crypto News

    Kraken Flags Vulnerabilities in Crypto ATM BATMtwo

    September 30, 20211 Min Read
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    Female Trader Hands Holding the Smartphone Using Application of Kraken Cryptocurrency Exchange Market. Cryptocurrency Background Concept, San Francisco, California, USA.
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    Kraken Security Labs has flagged supposed vulnerabilities in a commonly used cryptocurrency ATM, covering both its hardware and software.

    • Kraken said a number of attack vectors were found at The General Bytes BATMtwo (GBBATM2) through a default administrative QR code, the Android operating software, the ATM management system, as well as the hardware case of the machine.
    • Kraken said a large number of ATMs were configured with the same default QR code, which would allow anyone with the code to compromise any ATM. It also found a lack of secure boot mechanisms, with vulnerabilities in ATM management.
    • The firm also warned that the GBBATM2 only has a single compartment protected by a single tubular lock, and bypassing this would provide direct access to the full internals of the device moving forward.
    • The ATM device is said not to have any local or server-side alarm to alert that its internal components are exposed, and a would-be-attacker could compromise the cash box, as well as its embedded computer, webcam, and fingerprint reader.

    Kraken has since recommended that users only use a BATMtwo at a location they trust.

    BTC is up 2.18%, ETH up 1.82%, and XRP down 1.12%.
    Source: Kraken

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