CertiK: Hackers will shift their focus from code to users by 2025, resulting in $2.1 billion in cryptocurrency theft

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MarsBit
06-04
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Mars Finance News: Web3 cybersecurity company CertiK states that cryptocurrency hackers are abandoning the exploitation of smart contract vulnerabilities and turning to social engineering attacks on users. By 2025, losses from crypto-related attacks have exceeded $2.1 billion, with most losses coming from wallet theft and phishing attacks. Ronghui Gu, co-founder of CertiK, said that attack patterns have shifted from code vulnerabilities to exploiting human behavior vulnerabilities. Most of the $2.1 billion in losses were caused by wallet theft, poor key management, and operational issues. The industry must now invest in better wallet security and access control, as well as real-time transaction monitoring and simulation tools to reduce future incidents. (Cointelegraph)

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