CVE-2018-12062 : Vulnerability Insights and Analysis

This CVE-2018-12062 article provides insights into a vulnerability in the smart contract implementation for SwftCoin (SWFTC), an Ethereum ERC20 token, known as the 'tradeTrap' issue.

Understanding CVE-2018-12062

This CVE-2018-12062 vulnerability involves a flaw in the sell function of the SwftCoin smart contract that can lead to financial harm to the seller.

What is CVE-2018-12062?

The 'tradeTrap' issue in the SwftCoin smart contract arises from an overflow in the multiplication of the amount argument and a manipulable variable called sellPrice.

The Impact of CVE-2018-12062

The vulnerability can potentially result in financial losses for the seller due to the manipulation of the sell function in the SwftCoin smart contract.

Technical Details of CVE-2018-12062

This section delves into the technical aspects of the CVE-2018-12062 vulnerability.

Vulnerability Description

The flaw in the sell function of the SwftCoin smart contract allows for the manipulation of the multiplication of the amount argument and the sellPrice variable, leading to the 'tradeTrap' issue.

Affected Systems and Versions

Product: Not applicable
Vendor: Not applicable
Versions: Not applicable

Exploitation Mechanism

The vulnerability can be exploited by malicious actors manipulating the sell function in the SwftCoin smart contract to cause financial harm to the seller.

Mitigation and Prevention

To address CVE-2018-12062, the following steps can be taken:

Immediate Steps to Take

Audit and review the smart contract code for vulnerabilities.
Implement input validation to prevent manipulation of critical variables.
Monitor transactions for any suspicious activity.

Long-Term Security Practices

Regularly update and patch the smart contract code.
Conduct security audits periodically to identify and mitigate potential vulnerabilities.

Patching and Updates

Ensure that any patches or updates addressing the 'tradeTrap' issue in the SwftCoin smart contract are promptly applied.