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Security incident · 2023-04-10

Terraport

According to the public DefiLlama incident dataset, Terraport (Terra Classic) suffered a security incident on 2023-04-10, with about $4.0M reported lost.

Date2023-04-10
Reported loss$4.0M
ChainTerra Classic
Target typeDeFi Protocol
Technique classAccess Control
TechniqueImproper Access Control
Bridge incidentNo
Within 2023#37 by loss that year, 0.2% of all reported losses that year

How this kind of attack works

A contract function meant for administrators was not locked down, and the attacker called it directly to move funds.

Would a pre-payment check have helped

Needs other controls

Broken contract permissions are a code-audit matter that pre-payment screening cannot see.

Other incidents with the same technique

Sources

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