IOActive chief technology officer Gunter Ollman said that through the vulnerabilities, attackers could steal users’ Bitcoin through the ATM.
Bitcoin ATM provider Lamassu Industries fixed a vulnerability in its Bitcoin (BTC) ATM machines after a team of ethical hackers took full control of the devices, highlighting some of its flaws.
In 2023, security researchers from IOActive attempted to hijack several ATMs issued by Lamassu. As they worked to access the machines, the research team identified several vulnerabilities that they managed to exploit to gain access to the ATMs.
IOActive’s chief technology officer, Gunter Ollman, told Cointelegraph that through the exploit, attackers could “view and manipulate interactions with the hijacked ATM.” The security professional explained that hackers could steal BTC from the user’s wallet through the ATM using the vulnerabilities. Ollman explained:
