Man loses $117,000 in Bitcoin over unsecure WiFi

Protect your Blockchain investment with VPN security

Man loses $117,000 in Bitcoin over unsecure WiFi

An Australian man lost some $117,000 worth of Bitcoin when he logged onto an unsecured wireless network at a restaurant in Innsbruck, in southeast  Austria this month.  The theft occurred as the 36-year-old logged into his trade account over the restaurant’s WiFi, allowing the thief to migrate his BTC into an unknown location.

Although details are limited to the nature of the theft, security experts agree that a simple VPN could have prevented the theft, along with countless other digital financial crimes committed throughout the world each day.

Click here to start a free trial of Blockchain-VPN’s trusted VPN service >

Leave a Reply

Your email address will not be published. Required fields are marked *