Cybersecurity incident
Date: 2020-12-23 00:00:00
Affected organization: Livecoin
Affected country: Russian Federation
Industry: Finance and Insurance
Event type: Mixed
Event subtype: Data Attack,Exploitation of Application Server
Motive: Financial
Actor: Undetermined
Actor type: Criminal
Actor country: Undetermined
Description: The Russian cryptocurrency exchange Livecoin was hacked. The hackers took control of Livecoin's infrastructure and withdrew funds from accounts after modifying exchange rates, generating massive profits.