Atlanta-based bitcoin payment processor BitPay has suffered a phishing attack costing the company $1.8 million.
According to documents obtained by the Atlanta Business Chronicle, a hacker posing as BitPay CFO Bryan Krohn sent emails in December from his account authorizing the transfer of 5,000 bitcoins in three separate transactions to SecondMarket — ostensibly BitPay’s one customer from whom it does not require advance payment.
Full artical:http://www.americanbanker.com/news/bank-technology/bitcoin-payment-processor-bitpay-loses-1m-in-phishing-hack-1076722-1.html
