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Bitcoin => Bitcoin Discussion => Topic started by: whitehattracker on January 10, 2018, 02:19:21 PM



Title: What do you do for your crypto ICO to be secure?
Post by: whitehattracker on January 10, 2018, 02:19:21 PM
I recently read a guide as to how to make sure companies offering an initial coin offering (ICO). If you are considering an ICO (or participating in a new ICO), it’s critical to take security into consideration.  Blockchain technology and decentralization keeps things relatively safe but specific points are vulnerable.

A few key things to watch out for:

-   Currency exchanges are vulnerable to DDoS and attack takeover attacks. For example, Bitfinex was recently DDoSed m/2017/12/04/cyberattack-temporarily-hits-bitcoin-exchange-bitfinex.html]https://www.c[Suspicious link removed]m/2017/12/04/cyberattack-temporarily-hits-bitcoin-exchange-bitfinex.html (https://www.c[Suspicious link removed).

-   Malicious bots, SQL injection, phishing and other OWASP top ten threats. Web Application Firewalls can help.

-   Account takeover attempts, including from large-scale credential stuffing attacks.

Here’s the guide (note: from a security vendor): https://www.incapsula.com/blog/securing-your-cryptocurrency-ico.html (https://www.incapsula.com/blog/securing-your-cryptocurrency-ico.html)