Incident #50·AI Safety & Failures
The DAO Hack
Explainability
Description
On June 18, 2016, an attacker successfully exploited a vulnerability in The Decentralized Autonomous Organization (The DAO) on the Ethereum blockchain to steal 3.7M Ether valued at $70M.
Actors
Alleged Deployers
- the-dao
Alleged Developers
- the-dao
Harmed Parties
- dao-token-holders
Classification
Risk Domain
AI Safety & FailuresRisk Subdomain
7.3. Lack of capability or robustness
MIT Risk Profile
AIUnintentionalPost-deployment
Topics
Explainability
Source
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Mitigation Tools
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