Patricia

Retail transaction app is compromised

Estimated loss

$2.00M

VERDICT —UNRATED

Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.

▰ METHOD

Undisclosed

Root cause

Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.

Forensic narrative

Nigerian gift card and cryptocurrency trading platform Patricia revealed on May 26 that hackers compromised its retail trading app, resulting in an undisclosed amount of BTC and naira assets being compromised, News.bitcoin reported. Other cryptocurrency balances were not affected and assets belonging to their customers and merchants remained safe. Patricia said it had stopped processing withdrawals and was "undergoing internal restructuring". Attack method (per SlowMist): Retail transaction app is compromised. Reported loss: $ 2,000,000.

Primary source

https://news.bitcoin.com/hackers-breach-nigerian-crypto-trading-platform-btc-and-naira-assets-compromised/ ↗

Sourced from

slowmist

Technical record