Is hacking the new game now?

[Mrbluntzy]

Most of the comments I have seen in the discussions relating to all these hacks is only point to AI as the main factor that is making increasing the success rate of these hacks. Now, the OP also pointed something that I have thought about too and that's assistance by workers in that company. I feel that workers in the company could have hands in some of the hacks that has happened, they could provide more leads for the hackers or even be the ones to plant the attack while the hackers handles it afterward.

@OP, about your question if no one can develop a  stranger security measure, the answer is that developers are working at the background and I still have hope that in no time, the hack will reduce.

[Y3shot]

I have thought of where to make this post but didn't know the right section to post it. Although, I know that if there is a better place to make you could direct me to move it there.Back to my question, this year has seems to be the worst year for the crypto space, Duelbits hack, Binance hack, many more hacks that happened on the space.

Exchange hacks and casinos are nothing new; they have been happening for a long time. It’s just that this year there have been many hacks on various platforms. It is expected that centralized exchanges and casino hacks can happen at any time, and I am not surprised about it. The reason why there haven't been as many hacks like those of this year is that developers are becoming more advanced, and in the same way, hackers are also becoming more advanced at breaking into exchanges and other crypto platforms. This is nothing new.

[macson]

Back to my question, this year has seems to be the worst year for the crypto space, Duelbits hack, Binance hack, many more hacks that happened on the space. My question is: does it mean that no one can outsmart those hacker?

There's no platform that's truly secure and free from security threats. Even though developers continuously improve their security, hackers will still keep trying to break into their systems.

Why is it that their major targets was on well know sites?

This is because of the money, since popular sites usually have funds they can target. It can also boost their reputation, as successfully hacking a well-known site is usually more difficult, and if successful, it proves their skills.

Does it mean that no one can develop a stronger security measures to outsmart those hackers or does it mean that most of the hacks that is happening are from Insider? Or maybe someone who is already in the system are leaking out their information to hacker ?

It could be from insiders, but it could also be because the site's security is weak, making it exploitable by hackers. No matter how hard developers try, the most they can do is improve their security and minimize the potential for hacking. They can't make a site completely safe from every possible threat.

Again, how do you trust the people that are being employed to work with most of the exchange or gambling site?
What are the strategies to ensure that the staff they are hiring is trusted and can not compromised their duties or works

I have no business with anyone who works on the sites I use. It's the site owners' responsibility to employ trustworthy people who won't exploit their sites.

[Felicity_Tide]

My question is: does it mean that no one can outsmart those hacker?
Why is it that their major targets was on well know sites?
Does it mean that no one can develop a stronger security measures to outsmart those hackers or does it mean that most of the hacks that is happening are from Insider? Or maybe someone who is already in the system are leaking out their information to hacker ?

How exactly do you outsmart someone who has already successfully outsmarted you?. These hackers are very good at what they do, and afaik, they spend a lot of time identifying or creating vulnerabilities/loopholes. And the reason why they target major exchanges is because they get to walk away with bigger rewards... The bigger the victim, the bigger the reward. And sometimes, all they have to do is to target key individuals working for these establishments.

And In regards to security... Well, I don't think there's a one-time security protocol that can effectively protect an establishment. There will always be vulnerability at some point, and that's why these institutions employ cybersecurity experts. And even with these experts in place, they still suffer severe cyberattacks.

[Cryptomultiplier]

I have thought of where to make this post but didn't know the right section to post it. Although, I know that if there is a better place to make you could direct me to move it there.Back to my question, this year has seems to be the worst year for the crypto space, Duelbits hack, Binance hack, many more hacks that happened on the space.

Exchange hacks and casinos are nothing new; they have been happening for a long time. It’s just that this year there have been many hacks on various platforms. It is expected that centralized exchanges and casino hacks can happen at any time, and I am not surprised about it. The reason why there haven't been as many hacks like those of this year is that developers are becoming more advanced, and in the same way, hackers are also becoming more advanced at breaking into exchanges and other crypto platforms. This is nothing new.

I think maybe there's a certain flaw in design exploited upon first notice that was discovered in the systems after the first few hacks happened and it turns out that the other affected sites had same flaws in their system without noticing and these hackers being relentless just kept discovering them and exploiting them to their selfish benefits.

Otherwise, how could you explain the almost frequent increase in consistent hacking that has been ongoing, if there wasn't a specific information that pointed out a flaw in the design system that could be exploited without much security challenges?

[Mr_Brilliant$]

Hacking was never a new game. It has being for existence.  It is illegal when you are not authorised to do so. The way this illegal hackers are, they made the well professionals look useless.  Most of the times with the resent hacks, they never needed someone in the inside.

Some employers do very thorough background search on the people they want to recruit. You never might know what pandemic is next.

[serjent05]

I have thought of where to make this post but didn't know the right section to post it. Although, I know that if there is a better place to make you could direct me to move it there.
Back to my question, this year has seems to be the worst year for the crypto space, Duelbits hack, Binance hack, many more hacks that happened on the space. My question is: does it mean that no one can outsmart those hacker?

Internet cybersecurity creates programs that can shut down the hackers' tools, then the hacker creates a program that will outsmart the cybersecurity program.  It is a cycle, so it is not correct to assme that no one can outsmart those hackers.

Why is it that their major targets was on well know sites?

Hackers target popular sites for bigger hauls.  The bigger the site is, especially exchanges or other financial platforms, the more money they can steal.  Aside from that, some hacker are fond of getting popular, another reason why they target well-known sites.

Does it mean that no one can develop a stronger security measures to outsmart those hackers or does it mean that most of the hacks that is happening are from Insider? Or maybe someone who is already in the system are leaking out their information to hacker ?

No, it does not mean that no one can develop stronger security measures.  As a matter of fact cybersecurity develop stronger protocols that can detect and resist current hacking tools but along the development, hackers can also create script that can find glitches, weakness and flaws on the implemented security. Then the security team develops patches and firewalls to fix those vulnerabilities and block hackers, and the cycle goes on.

[Davidvictorson]

I have thought of where to make this post but didn't know the right section to post it. Although, I know that if there is a better place to make you could direct me to move it there.
Back to my question, this year has seems to be the worst year for the crypto space, Duelbits hack, Binance hack, many more hacks that happened on the space. My question is: does it mean that no one can outsmart those hacker?
Why is it that their major targets was on well know sites?
Does it mean that no one can develop a stronger security measures to outsmart those hackers or does it mean that most of the hacks that is happening are from Insider? Or maybe someone who is already in the system are leaking out their information to hacker ?

In one other similar thread, I wrote that if these crypto exchanges don’t do something about their security infrastructure now because they feel like they have some reserve funds somewhere to replace whatever amount that is stolen by hackers, someday, the hackers will run them out of business.
These hackers are an opportunity because it reveals the a critical area of vulnerability that must be fixed as a matter of urgency. Sadly, if this becomes the new normal, no customer will take them seriously again because you want to go where you know you are safe not where you’re not sure if your funds will be hacked every other year.