---
title: "Vulnerabilities in mobile networks opens bitcoin wallets to hackers"
url: "https://thecybersecurityplace.com/vulnerabilities-in-mobile-networks-opens-bitcoin-wallets-to-hackers/"
date: "2017-09-20T02:37:03+00:00"
section: "Mobile"
tags:
  - "Bitcoin"
  - "Cyber Criminals"
  - "Hackers"
  - "Mobile Security"
source: "itsecurityguru.org"
source_url: "http://www.itsecurityguru.org/2017/09/19/vulnerabilities-mobile-networks-opens-bitcoin-wallets-hackers/"
---

# Vulnerabilities in mobile networks opens bitcoin wallets to hackers

September 20, 2017 · Reported by itsecurityguru.org

> Cryptocurrencies offer unprecedented transaction speeds and remittance security, but this is compromised by the weak security of digital wallets storing them. Positive Technologies has demonstrated an attack on a user account of Coinbase — one of the largest bitcoin exchanges in the world, which manages assets of over 9 million clients, with more than 20 billion USD in various digital currencies combined on their accounts.[1]

[Read the full article at itsecurityguru.org](http://www.itsecurityguru.org/2017/09/19/vulnerabilities-mobile-networks-opens-bitcoin-wallets-hackers/)

**Tags:** [Bitcoin](https://thecybersecurityplace.com/tag/bitcoin/) · [Cyber Criminals](https://thecybersecurityplace.com/tag/cyber-criminals/) · [Hackers](https://thecybersecurityplace.com/tag/hackers/) · [Mobile Security](https://thecybersecurityplace.com/tag/mobile-security/)