Hacks cryptocurrency: learned from the past
The world of cryptocurrency has been grown in recent headlines, with Bitcoin and other diigitale curncies popular. As with any IT risk investment, the market is no longer. One of the considerable concerns in the cryptocurrency area is hacking – a phenomenon that has occurred in the essential people.
In this article, we will deal with the most remarkable hacks in Kryptoven, Superhist, Hohen Ky -snack bars and incidents. We also research best practices to minimize
Remarkable cryptocurrence hacks *
- Equiti (EQti) – $ 200 million hack (2017)
In June 2017, Equiti, a cryptocurrency exchange and item pocket providers, suffered a significant violation that led to theft of 200 US dollars. The hackers used vulnerability in the mobile use of the company to maintain the USRS funds.
Learn lessons:
* Suggestion of security : The failure of Equiti, security holes in the mobile app to patch, sensitive sensitive user data and LA.
* Lack of consciousness : Users can be aware of the potential security of riceks and do it for hackers to use hackers.
- BitConnect – 1 billion US dollar Hack (2017)
In April 2017, Bitconnect, a cryptocurrency trading platform, recorded a large hack that led to the theft of incredible $ 1 US dollars. The hackers are said to be used in the company’s software and consumer authentication.
Learn lessons:
* Sophysticed Phishing attacks
: Hackers used Socia Engineering Tactics to obtain access accounts.
* Happiness of the robust security measures : Bitconnecty to implement security protocols and shop for Malicos.
- Coincheck – 530 million US dollars Hack (2018)
In Jnuy 2018, Coincheck, a Japanese cryptocurrency exchange and exchange, was worth a significant cryptocurrency.
Learn lessons:
* Use strong security measures : Exchange has a shooter robust protection.
Monitor transactions *: Regular monitoring can help to identify activation of the activation.
- Paradigma – 160 million US dollars Hack (2020)
In May 2020, paradigm, a cryptocurrency exchange and a scene, distributed cryptocurrencies.
Learn lessons:
Implement robust security measures *: Exchange Ownsheld -implementation of the multiplement of layers of security layers for protection.
* Create regular travel assets through : Regulated ASSSMANTS channel the potential susceptibility to security and prevent violations.
- Mt. GOX – 950 million US dollar Hack (2014)
In Jnuy 2014, Mt. Gox, a Japanese cryptocurrency exchange, sweating a significant violation, which led to the theft of the point of approximately 950 US dollars.
Learn lessons:
Implement strong security measures *: Exchange Ownsheld -implementation of the multiplement of security layers as a protective consumer.
* Run regular audits and risk assets through : Regular exams potential susceptibility and prevent violations.
In summary, it can be said that chopping in the cryptocurrency room is a real concern that requires the atmosphere of investors. By learning from remarkable hacks in history, we can minimize the hick of the facts to Thetacks. Implementation of robust security measures, implementation of regular travel versions and well -founded on informed Aboot
Best practices to minimize the risk
1.
No responses yet