CVE-2018-12070 : What You Need to Know

A vulnerability in the smart contract implementation for SEC, an Ethereum ERC20 token, could lead to financial harm due to a tradeTrap issue.

Understanding CVE-2018-12070

The vulnerability in the sell function of the smart contract implementation for SEC poses a risk of financial damage to the seller.

What is CVE-2018-12070?

The functionality for selling in the smart contract implementation for SEC, an Ethereum ERC20 token, has a vulnerability known as the "tradeTrap" problem. This vulnerability arises from an overflow when multiplying the argument amount with the manipulable variable sellPrice.

The Impact of CVE-2018-12070

This vulnerability could potentially result in financial harm for the seller due to the tradeTrap issue.

Technical Details of CVE-2018-12070

The technical aspects of the vulnerability in the smart contract implementation for SEC.

Vulnerability Description

The sell function of the smart contract implementation for SEC allows a potential trap that could cause financial damage to the seller due to an overflow issue during multiplication.

Affected Systems and Versions

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

Exploitation Mechanism

The vulnerability arises from an overflow that occurs when multiplying the argument amount with the variable sellPrice, which is manipulable.

Mitigation and Prevention

Steps to mitigate and prevent the exploitation of CVE-2018-12070.

Immediate Steps to Take

Review and update the smart contract implementation to address the overflow issue.
Monitor transactions involving the affected smart contract for any suspicious activity.

Long-Term Security Practices

Implement secure coding practices to prevent overflow vulnerabilities in smart contracts.
Conduct regular security audits and testing of smart contracts to identify and address potential vulnerabilities.

Patching and Updates

Apply patches or updates provided by the smart contract developer to fix the vulnerability.