Cybersecurity incident
Date: 2018-02-10 00:00:00
Affected organization: BitGrail
Affected country: Italy
Industry: Finance and Insurance
Event type: Exploitive
Event subtype: Exploitation of Application Server
Motive: Financial
Actor: Undetermined
Actor type: Criminal
Actor country: Undetermined
Description: Italian cryptocurrency exchange BitGrail reports a loss of 17 million Nano, valued at over $170 million at the time of the hack. However, conflicting reports surface with some believing the exchange to be insolvent for a number of months.