Skip to main content

Tag: financial theft

2 articles

Server room with rows of computer equipment and a single blurred workstation.

METR Exposes $600K API Credit Theft After Weeks of Undetected Breach

A shocking $600,000 theft of API credits went undetected for weeks, leaving a nonprofit reeling - here's how a brief security lapse led to the massive breach. Attackers exploited a vulnerable API key, draining credits from METR's public models account in just a few short weeks.

Analyst 207
Crypto wallet and related technology on a desk in a brightly-lit office space.

Attackers Drain $3.1 Million Using 'Ill Bloom' Crypto Wallet Flaw

A single coordinated attack exploited the Ill Bloom flaw on May 27, draining a staggering $3.1 million from 431 wallets in a single day. This shocking theft was made possible by a weak random-number generator in certain wallet software that created easily guessable recovery phrases.

Analyst 207