Blockchains Are Secure, But Are They Hack Proof?

Blockchains Are Secure, But Are They Hack Proof?

Blockchain-are-secure

Applications based on blockchain technologies are assumed to be trustworthy and secure. The fact is that both primary and secondary blockchains are vulnerable to fraud. Millions of dollars are lost each year to hackers.

Four types of hacker attacks are most often discussed in the industry: Phishing attacks, Routing attacks, Sybil attacks, and 51 % attacks. In addition, more than 140 blockchain vulnerabilities are cataloged and known in the literature.

Four types of hacker attacks are most often discussed in the industry: Phishing attacks, Routing attacks, Sybil attacks, and 51 % attacks. In addition, more than 140 blockchain vulnerabilities are cataloged and known in the literature.

BlockChainSentry is an affordable cutting edge Vulnerability Management product that continuously scans, sorts, displays, and provides guidance for the remediation of more than 39 of the publicly known vulnerabilities. It is based on Ethereum Web 3 technologies. The product is industry agnostic, scalable and can be used at multiple touchpoints. It is useful to developers, testers, deployment engineers alike and is a valuable tool for compliance audits.

BLOCKCHAINSENTRY (www.blockchainsentry.com) is an international company registered in the state of Delaware, USA. It works closely with Delixus Inc (www.delixusinc.com), based in Silicon Valley, California and Bangalore, India, and recognized as a leading provider of cyber security products and services.