🛡️ ALARMING! 😱 CEO of Hacken SEES NO CHANGES in CRYPTO SECURITY while APRIL HACKS REACH $357 MILLION! 💸
Despite the massive BYBIT HACK of $1.4 BILLION, the CEO of Hacken, Dyma Budorin, DOES NOT PERCEIVE an IMPROVED FOCUS on CYBERSECURITY from CRYPTO COMPANIES! 🤨 According to him, the industry CONTINUES TO DEPEND on LIMITED MEASURES such as bug bounties and vulnerability testing, WHICH IS NOT ENOUGH! 🙅♂️
Budorin INSISTS that companies should ADOPT MORE INTEGRATED LAYERED SECURITY APPROACHES, similar to traditional industries, including SUPPLY CHAIN SECURITY, OPERATIONAL SECURITY, and SPECIFIC BLOCKCHAIN ASSESSMENTS. 🛡️
Although the overall landscape of cybersecurity remains the same, Budorin NOTES a SMALL IMPROVEMENT in POST-HACK RESPONSE! 🎉 He highlights the introduction of NEAR REAL-TIME BLACKLISTS of stolen funds by Chainalysis as a STEP FORWARD! 🚀
APRIL 2025 was a DISASTROUS MONTH for CRYPTO SECURITY! 💀 PECKSHIELD REPORTED nearly $360 MILLION in STOLEN CRYPTOASSETS across 18 HACKING INCIDENTS! 💸 This represents a 990% INCREASE compared to MARCH! 🤯 MOST of the LOSSES came from an UNAUTHORIZED TRANSFER of $330 MILLION in BITCOIN! 😱 This turned out to be a devastating SOCIAL ENGINEERING ATTACK targeting an ELDERLY PERSON in the U.S.! 👴➡️😈
Do you agree with the CEO of Hacken that security in the crypto space is not improving enough? What security measures do you think should be implemented more widely? Share your opinion! 👇
If you liked it, remember to follow me, like it, and share! 👍
