Blockchain & Crypto Security

Security Insights / Blockchain & Crypto Security

Overview

 

With the rise of cryptocurrency came the seemingly endless applications of blockchain technologies. One of the most interesting applications is in the cyber security space. Our experts attempt to demystify and explain its uses well beyond the marketing buzzwords.

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Threat actors don’t sleep… Neither should your security.

600%

 

increase in cybercrime since the beginning of the pandemic.

350%

 

increase in the rate of ransomware attacks since 2018.

60%

 

of SMBs go under 6 months following a cyber attack.

$100M Stolen From Harmony Horizon Bridge

 

On June 23rd 2022 11:06 UTC an attacker gained access to two of the four keys required to sign Harmony’s multisig contract enabling them to steal bridged tokens including ERC20’s from the ERC20 bridge.

 

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State Sponsored APT Targeting Crypto

 

On April 18th, 2022 the FBI, Department of Treasury, and CISA (Cybersecurity & Infrastructure Security Agency) issued a joint Cyber security Advisory alert (AA22-108A) for newly observed APT campaigns.

 

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Instagram Phishing Attack Costs $1M

 

Yugalabs project BAYC (Bored Ape Yacht Club) recently found itself the victim of a phishing attack resulting in over $1 million in losses of tokens and valuable NFT’s.

 

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why implement cyber security strategy

Cyber Security Strategy

 

Learn how to build a truly secure business from the ground up.

 

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