Stealing Bitcoins

Bitcoin is a Peer 2 Peer virtual currency that has been getting a giant pile of attention lately. I have seen comments on it being "unhackable" and we all know that's just not true. There can be abuses of any system. When reading up on bitcoin I saw many people talking about purchasing bitcoins on Mt Gox, what appears to be one of the largest bitcoin exchange sites. Naturally I couldn't help but check out the security of things when I signed up for the site. Keep in mind this isn't an attack on bitcoin itself, but on the bitcoin exchange, but I don't think it matters as it's a method for separating people from their money.

As you can see from the video, exploiting an unsuspecting Mt Gox user into giving up their (hard earned?) bitcoins wouldn't be that difficult. This is just the tip of the iceberg and I'm sure we will see many more attacks against bitcoin itself and supporting sites.

Enjoy.

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