• 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

Aero Merger Anticipated to Surge Token Valuations

chest

The merger of Aerodrome and Velodrome into Aero is expected to significantly boost trading volumes and enhance liquidity dynamics.

user avatarJesper Sørensen

Anticipated Changes in Accountability Frameworks for Ethical AI

chest

Organizations are anticipating changes in accountability frameworks and employee roles due to the broader adoption of ethical AI governance.

user avatarAyman Ben Youssef

House Oversight Committee Unveils Emails Linking Trump to Epstein

chest

The Democratic-led House Oversight Committee has disclosed new emails from Jeffrey Epstein's estate involving former President Donald Trump, intensifying scrutiny over Trump's past interactions with Epstein.

user avatarKofi Adjeman

Anthropic Partners with Fluidstack for $50 Billion Data Center Initiative

chest

Anthropic has partnered with Fluidstack to invest $50 billion in US data centers, creating 3,200 jobs by 2026.

user avatarNguyen Van Long

Cardano ADA Stands Out Among Meme Coin Contenders

chest

Cardano ADA is recognized for its consistent performance, scalability, and sustainability, attracting users with its DeFi activity and staking features.

user avatarJacob Williams

Telos and Protofire Join Forces to Revolutionize On-Chain Privacy

chest

Telos announces a strategic partnership with Protofire to develop a privacy-focused infrastructure for blockchain applications.

user avatarSatoshi Nakamura

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.