In what scenarios is FailSafe Interceptor typically useful?
If a wallet’s private key is exposed through a phishing attack and an attacker initiates a drain on the vulnerable wallet, FailSafe Interceptor will neutralise the attacker’s drain transaction.
If a company’s wallet or ledger has been compromised – either through theft or internal collusion – FailSafe Interceptor will ensure that funds are not successfully stolen by swiftly moving funds to safety.
If an outstanding spending allowance to a service (such as a major decentralized exchange) is now vulnerable (due to a newly identified exploit), FailSafe monitors all internal transactions and ensures that funds are moved to safety before the attacker’s transaction exploits the outstanding spending allowance.
If you signed an offline signature to authorize the transfer of assets to marketplaces. If the marketplace was hacked, the hackers can steal the crypto assets you authorized earlier.
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