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It isn't like monitoring would have done anything. Once the transaction goes out it is gone. The core problem here is the massive private-key bounty being creat
by UncleMeat 5y ago
It isn't like monitoring would have done anything. Once the transaction goes out it is gone. The core problem here is the massive private-key bounty being created by a ton of organizations that don't have world-class security teams.
- parkingrift 5y agoTrue, but you would think they’d notice $650,000,000 missing before a user reported an issue withdrawing $5,000 (edit - 5k ETH). It’s honestly so impossible to believe that I’d wager the real story is they knew and were actively trying to recover the funds.
- zkldi 5y agojust a poke: it was 5K Eth ($16,924,050), not 5K USD, but i agree with your wager.
- parkingrift 5y agoAh right you are. Misread the article.
- mrep 5y agoGod damn, 17 million stolen forever from 1 person and there is nothing they can do about it.
- cowvin 5y agoEven more shocking, is why someone would hand 17 million dollars worth of assets to a random company that has no security apparently.
- weare138 5y agoBut the attacker used 2 transactions. The first one should have been flagged immediately. Plus the servers themselves were compromised. Four of them. The attacker was able to take control of 4 different servers without even being noticed. This is just one massive secops fail.
- hotpotamus 5y agoYeah, I'm just picturing a Graphana chart going from $625M to $0. And then admins sitting around like, OK, now what?