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Liminal cleared by independent security audit after WazirX breach, no vulnerabilities found

September 9, 2024Updated:September 9, 2024No Comments2 Mins Read
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Liminal cleared by independent security audit after WazirX breach, no vulnerabilities found
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Liminal cleared by independent security audit after WazirX breach, no vulnerabilities found

Main international auditor Grant Thornton has confirmed the safety of Liminal’s infrastructure following a complete evaluation carried out in response to WazirX’s July 18 hack.

The hack, which focused WazirX’s techniques, prompted Liminal to launch an inside investigation and interact unbiased auditors to evaluate potential vulnerabilities inside its personal platform. The agency reaffirmed that its techniques weren’t compromised within the hack.

Liminal cleared

The Grant Thornton audit, a part of Liminal’s broader investigation into the incident, discovered no proof of compromise in its frontend, backend, or person interface (UI).

The platform, which presents self-custody pockets providers the place non-public keys stay with shoppers, was cleared of any vulnerabilities associated to the breach. The third-party audit offered additional assurance that Liminal’s techniques remained safe all through the incident, which led to losses of over $235 million.

Liminal had launched its personal inside investigation instantly after the hack, which concerned an intensive examination of discrepancies in information payloads between its system and WazirX.

Liminal said that its self-custody pockets infrastructure — designed so that personal keys and transaction initiations stay with the shopper — was not weak to the kind of assault that occurred at WazirX.

Liminal mentioned its findings recommend that the breach probably occurred inside WazirX’s infrastructure. It added that discrepancies between information payloads from each side additional level to exterior elements because the supply of the compromise. The trade had beforehand claimed the vulnerability might have doubtlessly originated from Liminal’s infrastructure.

Additional steps

Liminal additionally emphasised its dedication to safety and transparency, promising to proceed its investigation and supply updates to shoppers and customers as extra info turns into obtainable.

It said:

“Our concentrate on safety and transparency is unwavering, and we’re additional strengthening our safety measures in mild of this incident.”

Whereas Liminal’s techniques have been cleared within the audit, the corporate mentioned it’s reinforcing its safety measures as a precautionary step. It additionally famous that every one transactions in its self-custody wallets are initiated by shoppers, additional decreasing the danger of inside breaches.

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Audit breach cleared independent Liminal security vulnerabilities WazirX
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