Cybersecurity incident
Date: 2023-04-03 00:00:00
Affected organization: Allbridge
Affected country: Ukraine
Industry: Professional, Scientific, and Technical Services
Event type: Exploitive
Event subtype: Exploitation of Data in Transit
Motive: Financial
Actor: Undetermined
Actor type: Criminal
Actor country: Undetermined
Description: A hacker returned assets worth $465,000 stolen from Allbridge, taking up the multichain token bridge's offer of a white hat bounty and no legal proceedings. The compensation plan came into place after the hacker drained $573,000 by manipulating Allbridge's swap price function.