• 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

NestAI Secures €100M Funding to Establish Europe's Leading Defense AI Lab

chest

Finnish startup NestAI has raised €100 million to create a premier physical AI laboratory in partnership with Nokia, focusing on defense applications.

user avatarZainab Kamara

Abu Dhabi Judicial Department Accepts Cryptocurrency for Legal Payments

chest

Abu Dhabi Judicial Department becomes the first government institution in the Middle East to accept cryptocurrency for legal payments.

user avatarSon Min-ho

Mubadala Expands Stake in Binance, Strengthening Digital Asset Strategy

chest

Mubadala has expanded its stake in Binance with a 2 billion investment, part of a strategy to diversify holdings and engage in the growing digital economy.

user avatarAyman Ben Youssef

Measuring Impact in Investing: The Role of IRIS Framework

chest

The IRIS framework provides a standardized approach to measuring social, environmental, and financial success in impact investing.

user avatarKofi Adjeman

HelloTrade Secures $46M Seed Funding to Enhance Blockchain Education and Security

chest

HelloTrade, a blockchain-based trading platform, has raised $46 million in seed funding to enhance user education and improve platform security.

user avatarNguyen Van Long

Understanding Impact Investing II: A Dual Mandate for Financial and Social Returns

chest

Impact Investing II is defined by a dual mandate of generating financial returns alongside measurable social or environmental impact.

user avatarTando Nkube

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.