• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

io.net Cybersecurity Breach Response

user avatar

by Giorgi Kostiuk

2 years ago


Cointelegraph reported a cybersecurity breach on Io.net, a decentralized physical infrastructure network (DePIN). Malicious users exploited user ID tokens to conduct a SQL injection attack that altered device metadata within the GPU network unauthorizedly.

Husky.io, the chief security officer of Io.net, quickly took remedial steps and implemented security upgrades to safeguard the network. Fortunately, the attackers did not compromise the actual hardware of the GPUs due to strong permission layers.

The breach was discovered when there was a surge in write operations to the GPU metadata API, setting off alerts at 1:05 am Pacific Standard Time on April 25.

To counter this breach, security measures were enhanced by adding SQL injection checks on APIs and improving the logging of unauthorized tries. Furthermore, a user-specific authentication solution using Auth0 with OKTA was swiftly rolled out to address vulnerabilities linked to universal authorization tokens.

However, this security update coincided with a snapshot of the rewards program, leading to a dip in supply-side participants. Consequently, legitimate GPUs that did not go through a restart and update could not access the uptime API, causing a significant decrease in active GPU connections.

To tackle these issues, Ignition Rewards Season 2 was launched in May to encourage participation from the supply side. Continuous efforts are underway together with suppliers to upgrade, restart, and reconnect devices to the network.

The breach originated from vulnerabilities introduced during the implementation of a proof-of-work mechanism to identify counterfeit GPUs. Strong security measures prior to the incident prompted an increase in attack methods, necessitating ongoing security assessments and enhancements.

The attackers took advantage of an API vulnerability to reveal user IDs unintentionally when searching by device IDs in the input/output explorer. They compiled this leaked data into a database weeks before the breach.

Exploiting a valid universal authentication token, the attackers accessed the "worker-API" and changed device metadata without the need for user-level authentication.

Husky.io stressed the importance of continuous comprehensive reviews and penetration tests on public endpoints to identify and eliminate threats early. Despite challenges, steps are being taken to motivate participation from the supply side and restore network connections, ensuring the platform's integrity while delivering tens of thousands of compute hours monthly.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bhutan's Bitcoin Transfers Spark Debate on Mining Operations

chest

Bhutan has transferred 4444 million in Bitcoin, raising questions about its mining operations and future strategy.

user avatarJacob Williams

Ethereum's Long-Term Convergence Signals Potential Breakthrough

chest

Crypto analyst CW has revealed that Ethereum is forming an 8-year-long convergence, which is expected to break through during the upcoming bull market.

user avatarZainab Kamara

Kraken Pauses IPO Plans as Market Conditions Remain Uncertain

chest

Kraken has paused its multibillion-dollar IPO plans, waiting for more favorable market conditions.

user avatarSon Min-ho

Cypherpunk Technologies CIO Advocates for Zcash Valuation

chest

Will McEvoy, the CIO of Cypherpunk Technologies, argues that Zcash (ZEC) is undervalued in the cryptocurrency market due to a lack of coherent pricing for privacy, suggesting significant potential for price gains.

user avatarAyman Ben Youssef

New Evidence Links Crypto Lobbyist to Argentine President

chest

Forensic reports reveal dollar payments from crypto lobbyist Mauricio Novelli to Argentine President Javier Milei and his inner circle since 2021.

user avatarTando Nkube

Bitcoin Faces Potential Downturn as Wedge Pattern Develops

chest

Market technician Aksel Kibar warns of a potential decline in Bitcoin prices if a developing wedge pattern breaks down, suggesting a drop towards 52,500.

user avatarKofi Adjeman

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.