Cybersecurity incident
Date: 2023-08-27 00:00:00
Affected organization: Balancer
Affected country: Undetermined
Industry: Finance and Insurance
Event type: Exploitive
Event subtype: Exploitation of Application Server
Motive: Undetermined
Actor: Undetermined
Actor type: Criminal
Actor country: Undetermined
Description: A hacker steals $900,000 from decentralized finance protocol Balancer, days after the company had warned that a vulnerability - the one the hacker exploited - could put user funds at risk.