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FixedFloat February hack halted exchange orders
On the night of 16-17 February 2024, an external attacker exploited weaknesses in FixedFloat's security structure, compromised service infrastructure and stole USD 26.1 million. FixedFloat urgently disconnected the service after discovering the intrusion, temporarily stopping more than 30 customer orders; the orders were later completed and service resumed with a reduced set of supported assets.
79
Estimated severity
79 / 100
90
Source reliability
90 / 100
Approximate Date
17/02/2024
Targeted Company
FIXEDFLOAT
Targeted Company Supply Chain Impact
Distribution & Fulfillment
Procurement & Sourcing
Production & Manufacturing
Sales (Retail & Ecommerce)
Warehousing
Service Delivery
Unrecognized Impact
Supply Chain Relations
No information
Geographic Impact
Country Targeted Company
Other Affected Countries
No other affected countries reported
Target country
No information
Affected countries
No information
Impacted regions
No information
Operational Impact
Duration
No information
Financial impact (USD M)
$26.1M
Impact types
Service unavailabilityOrder processing disruptionOperational disruption
Affected sectors
Finance & Insurance
Affected departments
Information TechnologyOrder Management
Attack Profile
Attack types
Exploitation of vulnerabilityUnauthorized access
Attributed threat actors
No information