Crypto Platforms Lost $3.63B to Cyberattacks Despite Security Audits
More than 60% of cryptocurrency platforms that suffered cyberattack losses had undergone independent security audits, according to CoinGecko.
More than 60% of cryptocurrency platforms that lost money due to cyberattacks had undergone independent security audits, according to data from CoinGecko, suggesting that security checks may not always prevent breaches.
The findings raise questions about the effectiveness of current security audit practices in the cryptocurrency industry and the adequacy of protections for digital assets held on these platforms.
Sources
- Crypto platforms have lost over $3.63 billion to cyberattacks — even though most of them did security checks — CNBC — Top News
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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