Trusted

Wawa Data Breach Provides Another Case for Cryptocurrencies

2 mins
Updated by Kyle Baird
Join our Trading Community on Telegram
Wawa, a convenience store chain based on the East Coast of the United States, has recently suffered a big data breach. For the past nine months, the company’s databases have been under fire from an attack and they have little idea as to who carried it out. Could cryptocurrencies have been an alternative?
As of now, Wawa has made a point to call in the FBI to help find the attacker who may have infected “potentially all” of its stores with malware. That malware was discovered on December 10th and contained two days later, but has been around since at least March 4. However, Wawa cannot say how many of its customers were victims due to “the type of data involved.” Fortunately, the hackers were not able to gather any credit card information, and the ATM machines on-site remained unaffected as well. But we’re unsure as to how the hackers were able to get the malware into the system, which is why the FBI are being called in to help. Cryptocurrencies As BeInCrypto has previously reported, data breaches and security failures are quite common in the digital world. This is largely due to centralized databases and leaving space for human error, essentially meaning that our information is in the control of others. While the Wawa case didn’t see victims suffering from any financial loss, many data breaches do, which is where we could see cryptocurrencies like Bitcoin come into play. Thanks to blockchain technology, cryptocurrencies don’t have any reliance on centralized servers or human action. Instead, transactions are entirely automated and only need a wallet address to work. There isn’t a credit card number or PIN to lose, and no servers for bad actors to hack into. Of course, decentralized assets also ensure that we’re in control of our own money, and there wouldn’t be such a thing as a bank data breach where our information would transfer into the hands of bad actors.
Top crypto projects in the US | November 2024
Coinbase Coinbase Explore
Coinrule Coinrule Explore
Uphold Uphold Explore
3Commas 3Commas Explore
Chain GPT Chain GPT Explore
Top crypto projects in the US | November 2024
Coinbase Coinbase Explore
Coinrule Coinrule Explore
Uphold Uphold Explore
3Commas 3Commas Explore
Chain GPT Chain GPT Explore
Top crypto projects in the US | November 2024

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

Max_Moeller.jpg
Max Moeller
Max is a cryptocurrency journalist with an affinity for games and emerging technology. After leaving school to start a writing career, he wrote his first article on blockchain and fell down the rabbit hole. Since starting in 2017, Max has worked with multiple blockchain startups and crypto enthusiast spaces, doing his best to educate the world on the nascent technology. Max has been published in various blockchain and crypto related magazines before settling down at BeInCrypto to focus on...
READ FULL BIO
Sponsored
Sponsored