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Detail Analysis

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Date:

Status:

Count:

Contributor:

December 26, 2020

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Verified

1

zerofriction.io

KYC By:

KYC:

None

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Audit By:

Audits:

None

Loss Amount:

806,000

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Recovered Amount:

-

Currency:

Dollars, BTC, USDT

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Exchange

Assets

Compromised Access Control

Extended Method:

Unauthorized access

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The Altilly Exchange platform was attacked by legally authorized access. According to the official weighing, the attacker gained access to 30 BTC and 12,000 USDT and stole them while controlling the server. To summarize, the hackers gained a portal through an old email that has been left alone for 3 years now. The malicious group used this email to gain full access. The email account was connected to original hosting provider BUT did not have 2fA activated. As disheartening as it sounds, this simple oversight in security did lead to an exchange getting completely hacked, have info and sensitive data deleted and left in shambles.

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DISCLAIMER: While Zero Friction LLC has used the best efforts in aggregating and maintaining this database, Zero Friction LLC makes no representations or warranties with respect to the accuracy or completeness, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

Under no circumstances, shall Zero Friction LLC be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the dataset or information derived from our database.