Web3 Security Risks: Underlying Web2 Vulnerabilities Threatening Encryption Asset Security

robot
Abstract generation in progress

Web3 Security: The Importance of Underlying Infrastructure Cannot Be Ignored

In the Web3 space, the significance of traditional cybersecurity vulnerabilities is often underestimated. This is mainly due to two reasons: first, the Web3 industry is still in its early stages of development, and related technologies and security measures are still being improved; second, existing cybersecurity regulations have prompted Web2 companies to strengthen their own security infrastructure. However, the Web3 ecosystem is actually built on top of Web2 infrastructure, so the underlying security issues cannot be ignored in their impact on Web3.

Numen: Without the security of Web2, there is no security for Web3

Potential Threats of Web2 Vulnerabilities to Web3

The security vulnerabilities arising from the Web2 infrastructure could pose a serious threat to the Web3 ecosystem, directly affecting the safety of user assets. For example, vulnerabilities in browsers or mobile operating systems could be exploited by hackers to steal digital assets from users without their knowledge.

Recent real cases have clearly demonstrated the harm that Web2 vulnerabilities pose to digital assets:

  1. Hackers exploit zero-day vulnerabilities in Bitcoin ATMs to steal cryptocurrency.
  2. A hacker organization from a certain country exploited a zero-day vulnerability in the Chrome browser for six weeks.
  3. Microsoft Word vulnerabilities may lead to cryptocurrency theft
  4. Android system vulnerabilities allow hackers to steal cryptocurrency wallet information.

These cases indicate that Web2 vulnerabilities not only threaten individual assets but can also have serious impacts on exchanges, asset custodians, and mining.

Numen: Without the security of a Web2 foundation, there is no Web3 security

Comprehensive Security Protection Measures

Relying solely on a single code audit to ensure security in the Web3 space is not enough. The industry needs to develop more security facilities, such as real-time detection and response systems for malicious transactions. At the same time, in-depth research on underlying security technologies is also crucial, as only by understanding attack methods can we better defend against them.

Several security teams have contributed to this aspect, discovering multiple high-risk vulnerabilities involving products from tech giants such as Microsoft, Google, and Apple, as well as well-known Web3 ecosystems like Aptos, Sui, EOS, Ripple, and Tron.

Numen: Without the security of Web2, there is no security in Web3

Conclusion

With the continuous development of Web3 technology, underlying security issues will become increasingly important. The industry needs to adopt more comprehensive security strategies, enhance the focus on traditional cybersecurity vulnerabilities, and continue to improve security measures unique to Web3. Only by ensuring the security of the underlying infrastructure can we provide a solid guarantee for the healthy development of Web3.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Share
Comment
0/400
SlowLearnerWangvip
· 07-15 15:28
Ah, so not keeping an eye on security vulnerabilities really can lead to consequences... It seems I've understood something again.
View OriginalReply0
BearMarketHustlervip
· 07-13 03:52
Seeing an attack and panicking, there are too many suckers.
View OriginalReply0
MoneyBurnervip
· 07-12 17:25
Another vulnerability? Better fix it soon to save lives. My A-shares have lost a fortune.
View OriginalReply0
0xTherapistvip
· 07-12 17:22
You still have to pay the money...
View OriginalReply0
RugPullAlarmvip
· 07-12 17:15
Contract vulnerability spotted again, Rug Pull warning at full pump.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)