Hackers steal $23.5M in cryptocurrency from 'decentralized' crypto exchange Bancor.
Attackers used a compromised wallet to steal $12.5 million of ether, $1 million of Pundi X, and $10 million of Bancor Network Tokens (BNT).
Bancor was able to mitigate the damages down to $13.5 million
No user wallets were compromised, but a wallet used to upgrade some smart contracts was compromised.
TPRM report: https://scoringcyber.rankiteo.com/company/bancor-foundation
"id": "ban12491122",
"linkid": "bancor-foundation",
"type": "Breach",
"date": "07/2018",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"
{'affected_entities': [{'customers_affected': 'None',
'industry': 'Financial Services',
'name': 'Bancor',
'type': 'Crypto Exchange'}],
'attack_vector': 'Compromised Wallet',
'description': 'Attackers used a compromised wallet to steal $12.5 million of '
'ether, $1 million of Pundi X, and $10 million of Bancor '
'Network Tokens (BNT). Bancor was able to mitigate the damages '
'down to $13.5 million. No user wallets were compromised, but '
'a wallet used to upgrade some smart contracts was '
'compromised.',
'impact': {'financial_loss': '$23.5 million',
'systems_affected': 'Wallet used to upgrade smart contracts'},
'motivation': 'Financial Gain',
'title': "Hackers steal $23.5M in cryptocurrency from 'decentralized' crypto "
'exchange Bancor',
'type': 'Cryptocurrency Theft',
'vulnerability_exploited': 'Wallet used to upgrade smart contracts'}