Byte Federal disclosed a data breach affecting 58,000 customers, with attackers exploiting a GitLab vulnerability to access sensitive data. The company is investigating with cybersecurity experts.Byte Federal, a US-based Bitcoin ATM operator, has reported a data breach affecting 58,000 customers, with attackers exploiting a GitLab vulnerability to access sensitive information.Data Breach at Byte FederalOn November 18, 2024, Byte Federal announced that it had suffered a data breach, impacting approximately 58,000 customers. The breach occurred when attackers exploited a vulnerability in GitLab, a widely used software development platform, to gain unauthorized access to one of Byte Federal's servers.Compromised DataThe compromised data includes customers' names, birthdates, addresses, and government-issued identification documents. Byte Federal has assured customers that no financial information or Bitcoin wallet details were accessed during the breach.Response and InvestigationByte Federal has since secured the affected server and is working with external cybersecurity experts to investigate the breach. The company has stated that there is currently no evidence of misuse of the compromised data, but it is advising customers to monitor their accounts for any signs of fraudulent activity.Industry ImplicationsThis incident highlights the ongoing challenges faced by companies in the cryptocurrency sector regarding cybersecurity. As the industry continues to grow, the need for robust security measures becomes increasingly critical to protect sensitive customer information.Byte Federal has not yet disclosed whether it will offer any form of compensation or identity protection services to affected customers. The company has urged customers to remain vigilant and report any suspicious activity to their financial institutions. https://redrobot.online/2025/01/us-bitcoin-atm-operator-byte-federal-suffers-data-breach-impacting-58000-customers/