- The forensic report confirms that the laptops used by WazirX’s team were not compromised during the $230 million cyberattack.
- The breach appears to link back to issues with WazirX’s partner, Liminal.
On August 19, WazirX announced that its systems and laptops were “not compromised” in the $230 million cyberattack fallout on July 18. The announcement follows a forensic investigation conducted by Mandiant Solutions, a Google subsidiary, which confirmed the integrity of the exchange’s equipment.
According to the WazirX blog post, Mandiant stated:
“We did not identify evidence of compromise on the three laptops that were used for signing transactions.”
However, a detailed report is still pending. Initial findings suggest that an issue with Liminal caused the cyberattack.
WazirX Continues Fund Recovery Efforts
The cyberattack targeted one of WazirX’s multi-signature wallets, leading to the theft of nearly 45% of the exchange’s holding assets. Multisig wallets require multiple private keys to authorize transactions. The compromised wallet had six signatories: five from WazirX and one from its infrastructure and custody partner, Liminal.
Then the crypto exchange hired Mandiant Solutions, a cybersecurity firm under Google’s wing, to investigate the attack’s origins. Mandiant’s findings indicate that the laptops used by WazirX’s team ‘not affected’ during the incident. This provides crucial reassurance and hints that the attack might have originated from Liminal.
The announcement follows WazirX’s recent restoration of investor balances, affected by the cyberattack from July 18 to 21. The latest update from the company brings a glimmer of clarity amid ongoing recovery efforts.
Further, the crypto exchange remains committed to recovering the stolen funds and working closely with Mandiant. The company is optimistic about bringing those responsible to justice.
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