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Hackers Stole Over $20 Million From Misconfigured Ethereum Clients

Hackers Stole Over $20 Million From Misconfigured Ethereum Clients
Published on June 11, 2018 at 04:06PM
Catalin Cimpanu, writing for BleepingComputer: A group of hackers has stolen over $20 million worth of Ethereum from Ethereum-based apps and mining rigs, Chinese cyber-security firm Qihoo 360 Netlab reported today. The cause of these thefts is Ethereum software applications that have been configured to expose an RPC [Remote Procedure Call] interface on port 8545. The purpose of this interface is to provide access to a programmatic API that an approved third-party service or app can query and interact or retrieve data from the original Ethereum-based service -- such as a mineror wallet application that users or companies have set up for mining or managing funds. Because of its role, this RPC interface grants access to some pretty sensitive functions, allowing a third-party app the ability to retrieve private keys, move funds, or retrieve the owner's personal details.

Read more of this story at Slashdot.





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Hackers Stole Over $20 Million From Misconfigured Ethereum Clients Hackers Stole Over $20 Million From Misconfigured Ethereum Clients Reviewed by Kartik on June 11, 2018 Rating: 5

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