![semilla.jpg](https://steemitimages.com/DQmbpwgSEVh2v31nPnnXceRZ5DKK8MKgNXgNx6mkQvB6JX2/semilla.jpg)

Reports claim that the failure was due to the use of a program that generates seed codes that operated on the Internet, which was used by unknown persons to have full access to the purses.

A lot of reports published on social networks over the past weekend seem to indicate that many users lost balances of IOTA assets stored in their wallets. These actions were perpetuated thanks to a hacking with which a new generator of "seed code or seed code" was introduced in the respective purses (the "seed code" is a password that serves to reactivate the software in another equipment in case the hardware it was on had been lost or disabled by a technical failure).

Apparently the cause of this security breach is a software generator of online seed codes, which was hosted on insecure websites and replaced the original code by one produced by the program in question.

The reports began to circulate two days ago, and in the same large number of users announced the theft of all their funds, which in balance constituted a balance equivalent to about USD $ 4,000,000 approximately.

According to a blog post by IOTA member Ralf Rootmann, the attackers also deployed a DDoS attack on the IOTA nodes, leaving the victims of the robbery with no possibility of rescuing the stolen funds.

To take control of the balances, the attackers only required that the users use a program for the generation of online seed codes for the IOTA wallets, which generated codes programmed by the hackers, which were later used to subtract the funds. with total ease

As a result of what happened, the community of node operators for the digital currency is already planning several strategies to keep the nodes of users safe, shielding them to avoid being victims of similar DDoS attacks in the future.

Despite the fact that in various forums community members were warned about the use of these key generators that operated online, the large number of affected and the total of the funds stolen by the use of them are striking. Ecosystem experts pointed out that the vulnerability was not at all related to the underlying IOTA technology, but to the services for generating passwords.

This has not been the only important event for which the digital currency has gone through, since last year the main programmers had to install certain patches to cover some vulnerabilities found in their systems after signals made by Microsoft. During the month of October 2017, the IOTA team also reported another vulnerability that was covered diligently.