Ronin Technology Advisors

Ronin Technology Advisors

The hackers breached Ronin's network by attacking the popular NFT game “Axie Infinity.”

The attackers exploited the unique validation node in a sophisticated social engineering attack and hit Ronin network for 173,600 Ethereum and 25.5 million USD Coin

The stolen money was still in the hacker’s wallet and the company offered a reward of some millions of dollars for returning the stolen money.

Source: https://www.cpomagazine.com/cyber-security/ronin-network-attacked-via-nft-game-in-one-of-the-biggest-breaches-of-a-defi-platform/

TPRM report: https://scoringcyber.rankiteo.com/company/ronin-technology-advisors

"id": "ron16584422",
"linkid": "ronin-technology-advisors",
"type": "Breach",
"date": "03/2022",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization's existence"
{'affected_entities': [{'industry': 'Blockchain',
                        'name': 'Ronin Network',
                        'type': 'Cryptocurrency Network'}],
 'attack_vector': 'Social Engineering',
 'description': "Hackers breached Ronin's network by attacking the popular NFT "
                "game 'Axie Infinity.' The attackers exploited the unique "
                'validation node in a sophisticated social engineering attack '
                'and hit Ronin network for 173,600 Ethereum and 25.5 million '
                'USD Coin. The stolen money was still in the hacker’s wallet '
                'and the company offered a reward of some millions of dollars '
                'for returning the stolen money.',
 'impact': {'financial_loss': '173,600 Ethereum and 25.5 million USD Coin',
            'systems_affected': 'Ronin Network'},
 'motivation': 'Financial Gain',
 'title': 'Ronin Network Breach',
 'type': ['Cryptocurrency Theft', 'Social Engineering'],
 'vulnerability_exploited': 'Unique validation node'}
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