According to Foresight News , CertiK co-founder and CEO Professor Ronghui Gu participated in the "Stop the Hacks: The State of Smart Contract Security" roundtable discussion at the Korea Blockchain Week (KBW) main forum, sharing the latest trends and challenges in Web3 security.
Gu Ronghui revealed that this was his third visit to South Korea. CertiK has already accumulated numerous clients in the region, not only collaborating with the Busan city government but also establishing a branch in Seoul to provide closer support for the Korean market.
During the forum discussion, Gu Ronghui used CertiK's "Annual Web3 Security Report" to clarify the industry misconception that "smart contract vulnerabilities caused $1.4 billion in losses last year," emphasizing that this figure actually includes various factors, including human error. He emphasized that absolutely secure programs do not exist, and that CertiK has therefore established a multi-layered defense system encompassing code reviews, security audits, and continuous monitoring to address evolving attack vectors.
"Security development relies not only on technology and tools but also on an educational process," said Gu Ronghui. "Only when project owners, developers, and investors develop a widespread awareness of security can we mitigate risks at their root." However, current industry security budgets are generally insufficient, with investment far less than that spent on marketing. He cited the case studies of WEMIX, which has undergone over 120 audits, and Kaia's selection of CertiK as its exclusive security partner, as examples to urge project owners to prioritize security spending and build a strong defense for long-term development.
