Meter hacked losing $4.4 million

Meter hacked losing $4.4 million

https://www.zdnet.com/article/4-4-million-stolen-in-attack-on-blockchain-infrastructure-meter/

Exploit: Hacking
Meter: De Fi Platform

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Risk to Business: 1.279= Extreme

Another day, another DeFi hack. This time the victim was blockchain infrastructure company Meter. $4.4 million was stolen during a cyberattack on the Meter Passport platform in the form of 1391 ETH and 2.74 BTC. The incident also impacted Meter’s Moonriver Network. The company acknowledged the hack on Saturday, urging users not to trade unbacked meterBNB circulating on Moonriver. The company says that it plans to repay some investors and the incident is under investigation.

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Individual Impact:

No information about consumer/employee PII, PHI or financial data exposure was available at press time.

Customers Impacted: Unknown
How It Could Affect Your Customers’ Business: De Fi continues to be a hotbed of hacking activity as cybercriminals seek quick scores of cryptocurrency, and there’s still no end to the danger in sight.

Risk Levels:
1 - 1.5 = Extreme Risk
1.51 - 2.49 = Severe Risk
2.5 - 3 = Moderate Risk

*The risk score is calculated using a formula that considers a wide range of factors related to the assessed breach.