CAMBRIDGE, England, Aug. 23, 2022 /PRNewswire/ -- The number of cyber attacks centred around Blockchain technology, a transaction record database commonly used for crypto currency exchange, is on the rise, according to Cambridge based IT security firm, The SecOps Group.
With just three hacks causing damage of almost $1 billion so far this year, the pressure is on for blockchain developers to identify and patch security issues before they get exploited in the wild. Fortunately, the security consultancy The SecOps Group (https://secops.group) has launched a blockchain smart contract security audit to help them do just that.
There are two main methods of successful attack: one relies on social engineering tricks such as convincing a victim to send crypto currency to an attacker's wallet; the second, and more complicated, type of hack requires a deep understanding of blockchain smart contracts and associated components, such as side-chain, cross-chain, wallets, understanding of various...
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