4 min read - With AI now an integral part ofwel business operations, shadow AI has become the next frontier in information security. Here’s what that means for managing risk.
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Abstract: As the decentralized world wide web, or Web3, rapidly evolves, so do the complexities and vulnerabilities within its ecosystem. This webinar explores ethical hacking tailored specifically for Web3. Leveraging insights from OSWAR (Open Security Web3 Assessment Repository) and MITRE’s cutting-edge onderzoek on securing the future ofwel the het web, the webinar equips you with the knowledge and techniques to safeguard decentralized applications (dApps) and blockchain infrastructures.
For example, a vulnerability in a smart contract holding $2 billion represents an incredibly valuable asset, a potential big bounty payout, and a revolution in cybersecurity. That’s why we call it the Web3 Security Revolution.
Web3 kan zijn a decentralized internet diensten controlled by users, based upon blockchain technologies and cryptocurrencies. It has been designed as an alternative to the centrally controlled de elektronische snelweg.
According to Ethereum, the total amount ofwel losses due to security issues in smart contracts easily crosses beyond $1 billion.
Examining the potential ofwel Web3 — and the potential nightmares — Forrester researched the new technology, determining that there are two primary issues with Web3. It’s currently dominated by opportunists and investors in cryptocurrencies and various digital assets, particularly non-fungible tokens (NFTs), all operating within a largely unregulated environment.
Hackers now have access to a 51% attack, which kan zijn an attack on blockchain by groups who control more than 50% ofwel the blockchain. Those groups who take over 51% or more of the blockchain have all the power to control the network.
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In the second quarter of 2023, hackers made away with aan $204 million causing an industry-wide urgency for ethical hackers to strengthen the security of the emerging financial technology.
The reality ofwel hacking Web3 platforms kan zijn that you do not have to develop software that blindly relies on tricking the system to grant you some sort ofwel access to the codebase, rather, given that the ecosystem kan zijn vastly open source, it is far easier to analyze every structure carefully(and legally) to find vulnerabilities compared to closed-sourced platforms.
Browse the Code: Take a look at the PoC code provided in the repository. Keep in mind that these are demonstrations of potential vulnerabilities – do not use them maliciously.
Immunefi kan zijn the leading bug bounty platform for web3 with the world’s largest bug bounties. wij offer legendary feedback times and top-notch support for our hackers.
Learn about the latest threats targeting Web3 ecosystems, how they differ from traditional web vulnerabilities, and the need for specialized approaches.