The Bitcoin certainly is a technology designed to resist all kinds of attacks and fraud, such as the double spending, or inclusion of disabled blocks in the blockchain. However, very often we hear reports of web sites that have been attacked, violating the security to subtract funds from its users.

The most spoken about, until this date, is the case of that house changes Mt. Gox, a very popular site for exchange of bitcoins in which came to subtract 744 thousand bitcoins that at current price would be worth more than 314 million dollars, without doubt one of history’s biggest robberies.

But it’s worthwhile to wonder how it’s that a company that handled such amount of money was the victim of a systematic and long-lasting attack that facilitated the flight of millions of dollars over several years. It’s that perhaps Mt. Gox was so irresponsible not to hire experts in security software, audit, accounting, etc.

Mt. Gox was allegedly a victim of his own ambition, inexperience and arrogance. One of the details that emerged from investigations into the case, is that the company used MD5 encryption, to protect their client access data. The MD5 is known for their vulnerability to certain types of attacks in which encryption algorithm can be broken easily.

How that is this company not realized such vulnerability? How was that they hired not security experts and analysts of databases to ensure that their systems were safe?

How that is this company not realized such vulnerability? How was that they hired not security experts and analysts of databases to ensure that their systems were safe?

It seems almost unreal, that a company which has such responsibility on their shoulders to commit so many errors that they left a path of easy access to the cyber-criminals to commit such theft.

Another web site violated, was LoanBase, which was stripped of 20 Bitcoins ‘cause to a vulnerability in its managed with WordPress blog, apparently the company had hosted his blog in the same space of hosting that their system of loans, which gave a chance to the attackers to evade the bitcoin by exploiting a vulnerability in the content manager.

Though the amount of Bitcoins has not been substantial, it became evident the security lack of the web site.

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