Crypto audits give investors false sense of security as Q3 hacks cost $1.18 billion, Hacken says
Summary
Third-quarter crypto hacks resulted in huge financial losses despite prior security reviews. Blockchain security firm Hacken reports that the majority of these incidents involved delayed fixes, compromised suppliers, or system components that had avoided recent audits entirely.
The security firm found that 77% of third-quarter losses involved compromised suppliers, delayed fixes or systems outside the latest security reviews.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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