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

Io.net Implements Swift Security Enhancements Following Cybersecurity Incident

user avatar

by Giorgi Kostiuk

2 years ago


Decentralized physical infrastructure network Io.net faced a cybersecurity breach due to malicious attackers exploiting vulnerabilities in user identity disclosures to execute a SQL attack on the GPU network. Io.net's security chief, Husky, swiftly responded by implementing security upgrades and corrective measures to safeguard the network. Fortunately, the strong permission layers in place prevented harm to the actual hardware of the GPUs. The breach was detected during increased write operations on the GPU's metadata APIs and was resolved the following day, following triggered alerts.

In the aftermath, Io.net bolstered security measures by incorporating SQL checks on APIs and enhancing unauthorized attempt logging. Furthermore, they rapidly implemented a user-specific authentication solution using OKTA and Auth0 to address security vulnerabilities related to universal authorization processes.

The breach stemmed from vulnerabilities identified during the implementation of a Proof of Work mechanism to detect counterfeit GPUs. Prior security patches had been applied, necessitating ongoing reviews and enhancements due to evolving attack strategies. Attackers exploited an API flaw to reveal content in the entry and exit navigator, inadvertently exposing user identities linked to device identifiers, which were compiled into a database weeks before the breach.

Key considerations include the importance of robust permission layers to mitigate hardware damage during cyber incidents, the swift deployment of tailored authentication solutions post-breach, and the critical need for continuous security reviews and vulnerability patches to adapt to advancing cybersecurity risks.

Despite the challenges, Io.net remains committed to encouraging supply-side involvement, restoring network connectivity, preserving platform integrity, and providing computational services. Husky stressed the significance of regular comprehensive reviews and penetration tests at public access points to identify and neutralize threats promptly. This update was originally posted on BH NEWS.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Strategic Shifts Echo Broader Crypto Trends

chest

Farcaster's shift to a wallet-first model aligns with broader industry trends towards decentralized social networks.

user avatarAisha Farooq

Investor Payouts Unclear Amid 180 Million Acquisition

chest

The Farcaster community has expressed concern about the lack of clarity regarding the repayment of the 180 million raised from investors.

user avatarTenzin Dorje

Aster Exchange Details SPACE Trading Launch and Campaign Requirements

chest

Aster Exchange will launch SPACE spot trading and perpetual futures contracts on January 23, 2025, along with a trading campaign offering rewards for participants.

user avatarBayarjavkhlan Ganbaatar

SEC and CFTC Chairmen to Hold Joint Event on Cryptocurrency Regulation

chest

SEC Chairman Paul Atkins and CFTC Chairman Mike Selig will hold a joint public event to discuss regulatory coordination in the cryptocurrency sector.

user avatarDiego Alvarez

Justin Sun's $8M Investment Boosts River Token to New High

chest

Justin Sun's $8 million investment in the DeFi project River led to a 24% increase in the RIVER token's value, reaching an all-time high of $49, though analysts warn of potential volatility due to leveraged trading.

user avatarMohamed Farouk

PI Token Experiences Brief Recovery Amid Market Volatility

chest

The PI token has seen a temporary increase in value, gaining 4.98% over the last 24 hours. It reached a high of 0.1892 before currently trading at 0.1871. Despite this brief bullish shift, the overall market sentiment remains bearish.

user avatarElias Mukuru

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.