Tag Archives: 1.7B

Access Control Vulnerabilities Cause $1.7B in Losses Across CeFi, DeFi, and Gaming

Access Control Vulnerabilities Cause .7B in Losses Across CeFi, DeFi, and Gaming

Access control vulnerabilities have emerged as the leading cause of crypto hack losses in 2024, accounting for a whopping 75% of total damages across decentralized finance (DeFi), centralized finance (CeFi), and gaming/metaverse sectors, excluding phishing attacks. According to Hacken, this marks a significant increase from 50% in 2023, with losses tied to unauthorized access and private key theft surging to …

Read More »