Cybersecurity incident
Date: 2020-02-12 00:00:00
Affected organization: IOTA Foundation
Affected country: Germany
Industry: Finance and Insurance
Event type: Exploitive
Event subtype: Exploitation of Application Server,Exploitation of End Hosts
Motive: Financial
Actor: Undetermined
Actor type: Criminal
Actor country: Undetermined
Description: IOTA Foundation, the nonprofit organization behind the IOTA cryptocurrency, shuts down its entire network after hackers exploit a vulnerability in the IOTA wallet app to steal user funds.