May 18, 2024

Shiba InuSHIB/USD has potentially compromised infrastructure, according to research from the cloud security platform PingSafe.

What Happened:Pingsafes research framework discovered a leaked Shiba Inu Amazon Web Services (AWS) account credential on a public code repository, wrote the cloud security platforms founder Anand Prakash in ablog post.

The PingSafe team found that the reason for the leaked credentials was a Shiba Inu developer committing AWS infrastructure keys on a public GitHub repository.

The credentials were"valid for two days, post which they became invalid."

Why It's Important:During these two days, PingSafe believes, the exposed credentials could have been abused by a hacker.

This vulnerability severely exposed the companys AWS account, which in our estimation has the potential to cause serious security breaches, including but not limited to user fund theft, token embezzlement, disruption of services, etc., said Prakash.

The cloud security firm reportedly tried to contact core developers of the Shiba Inu team through Twitter and Telegram but did not receive a response.

See Also:IS SHIBA INU (SHIB) A GOOD INVESTMENT?

Price Action:At the time of writing, SHIB was trading at $0.0000126, up 2.43% in the last 24 hours as per data fromBenzinga Pro. The coin was down 3.41% againstBitcoinBTC/USD and 1.4% againstEthereumETH/USD .