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Security incident · 2018-02-12

BitGrail

According to the public DefiLlama incident dataset, BitGrail (Nano) suffered a security incident on 2018-02-12, with about $170.0M reported lost.

Date2018-02-12
Reported loss$170.0M
ChainNano
Target typeCEX
Technique classAccess Control
TechniqueImproper Access Control
Bridge incidentNo
Within 2018#3 by loss that year, 15.1% 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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