• 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

Solana Proposes Accelerated Path to 15% Inflation

chest

The Solana community is reviewing proposal SIMD0411 to accelerate its inflation target to 15% by doubling the current decrement rate, potentially reducing SOL issuance significantly.

user avatarZainab Kamara

Analysts Identify Potential Double Bottom Pattern for NEAR Protocol

chest

Analysts from Altcoin Pioneers have identified a potential double bottom pattern forming on the NEAR Protocol chart, suggesting bullish price targets above 4 if the momentum holds.

user avatarSon Min-ho

NEAR Protocol Records Significant Trading Volume Amid Market Decline

chest

NEAR Protocol achieved a trading volume of 290 million in a single day, contributing to a total volume of 65 billion, indicating increased network activity.

user avatarAyman Ben Youssef

Emerging Crypto Coins Apeing APEING and Official Trump Capture Market Attention

chest

Apeing APEING and Official Trump are emerging as significant players in the crypto market, appealing to traders who act decisively.

user avatarKofi Adjeman

NEAR Protocol Experiences 14% Price Decline as Analysts Monitor Support Level

chest

NEAR Protocol's price dropped by 14%, nearing the critical support level of 180, raising concerns among analysts about potential further declines.

user avatarTando Nkube

Ally Bank's Money Market Account Offers Comprehensive Banking Solution

chest

Ally Bank has introduced a user-friendly money market account that provides a strong digital experience, despite offering a lower APY.

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.