Threat Bulletin 0874: credential stuffing against a crypto exchange platform in the Benelux

On Sunday 7 July 2024 at 16:19 UTC, a credential stuffing targeted a crypto exchange customer in the Benelux. The attack peaked at 551.5 million requests per second and lasted 115 minutes. Traffic originated from 3801 autonomous systems in 82 countries, predominantly compromised cloud VMs.

Vector credential stuffing
Peak 551.5 million requests per second
Duration 115 min
Time to mitigation 0.169 s
Attack traffic reaching origin 0.024%
Legitimate traffic challenged 0.36%

Timeline

The attack was preceded by a publicly announced sales event. Request rates on the targeted routes exceeded their hourly baseline by a factor of 314 within 19 seconds. The risk score of participating clients crossed the challenge threshold automatically and proof-of-work difficulty rose with origin load.

What the customer saw

The customer’s status page stayed green throughout; they learned about the attack from our notification.

Recommendations

  • Lower challenge thresholds on authentication endpoints during high-risk events.
  • Enable log streaming to your SIEM for faster correlation.
  • Add a dedicated rate limit for the targeted route.

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