CertiK predicts ‘endless war’ with hackers after $2.5B stolen

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Despite the crypto industry’s ongoing cybersecurity efforts, protocols are engaged in an endless war with cryptocurrency hackers, who continue to attack the weakest link in crypto protocols, which is often a human behavioral element.

The industry is engaged in unfair warfare with bad actors, who only need a single point of vulnerability to exploit a protocol, according to Ronghui Gu, professor of computer science at Columbia University and the co-founder of blockchain security platform CertiK.

“As long as there’s a weak point or some…



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CertiK predicts ‘endless war’ with hackers after $2.5B stolen


Despite the crypto industry’s ongoing cybersecurity efforts, protocols are engaged in an endless war with cryptocurrency hackers, who continue to attack the weakest link in crypto protocols, which is often a human behavioral element.

The industry is engaged in unfair warfare with bad actors, who only need a single point of vulnerability to exploit a protocol, according to Ronghui Gu, professor of computer science at Columbia University and the co-founder of blockchain security platform CertiK.

“As long as there’s a weak point or some…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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