Cybersecurity incident
Date: 2017-11-19 00:00:00
Affected organization: Tether
Affected country: China
Industry: Finance and Insurance
Event type: Exploitive
Event subtype: Exploitation of Application Server
Motive: Financial
Actor: Undetermined
Actor type: Criminal
Actor country: Undetermined
Description: Tether, a start-up known for offering dollar-backed cryptocurrency, announces that hackers have breached their security and stole a whopping $30 million worth of tokens. The breach took place on 19th November 2017.