Phishing Attack on Cloud Provider With Fortune 500 Clients Led to $15M Crypto Theft From Fortress Trust

Phishing Attack on Cloud Provider With Fortune 500 Clients Led to $15M Crypto Theft From Fortress Trust


When Fortress Trust disclosed a theft of customers’ cryptocurrency last week – later revealed to total close to $15 million – it pinned the blame on an unnamed third-party vendor.

CoinDesk has identified that vendor, which has acknowledged it fell victim to a phishing attack. But the story may be more complicated than just a single party’s blunder.

The vendor is Retool, a San Francisco-based company with Fortune 500 customers, which built the portal for a handful of Fortress clients to access their funds, people familiar with the matter said.

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The theft, which helped spur Fortress to agree to sell itself to blockchain tech

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