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

Response to Security Breach at io.net

user avatar

by Giorgi Kostiuk

2 years ago


A decentralized physical infrastructure network known as io.net, faced a breach due to malicious users exploiting a vulnerability to carry out a SQL injection attack. This led to unauthorized alterations in the metadata of devices in the network's GPU network.

Husky.io, the chief security officer of io.net, shared measures taken to prevent future attacks and assured the community that the attack did not compromise the hardware of the GPUs, which remained secure. The breach was detected swiftly, and security measures were implemented which included SQL injection checks on APIs and better logging of unauthorized attempts.

Despite the security measures, io.net experienced unintended consequences with a significant drop in active GPU connections due to a security update coinciding with a network rewards program snapshot. To address this, io.net launched the "Ignition Rewards Season 2" to incentivize supply-side participation and restore connections.

Ongoing security measures include continuous reviews and penetration tests on public endpoints to detect threats early. In addition, the integration of Apple silicon chip hardware is planned to enhance artificial intelligence and machine learning services.

The community is actively involved in enhancing security measures, as seen with the approval of staking tokens on a decentralized crypto exchange. This showcases the importance of securing platforms against malicious attacks and ensuring a reliable and efficient network.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

USPD Protocol Compromised in Major Security Breach

chest

USPD Protocol compromised in a major security breach due to a CPIMP attack, resulting in the minting of 98 million USPD tokens and the theft of 232 stETH.

user avatarAyman Ben Youssef

Twenty One Capital Executes $39B Bitcoin Transfer, Signaling Institutional Confidence

chest

Twenty One Capital has executed a massive Bitcoin transfer of 43,122 BTC, valued at approximately $3.94 billion, signaling deep institutional confidence in Bitcoin's long-term value.

user avatarLuis Flores

Yearn Finance yETH Vault Exploit Results in 9 Million Loss

chest

Yearn Finance's yETH vault was exploited, leading to a loss of 9 million.

user avatarZainab Kamara

Chainlink's Open Interest Surges Amid Bearish Market Conditions

chest

Chainlink's open interest has surged past 127 million USDT, indicating increased leverage in a bearish market as the token retests a critical breakdown support level.

user avatarArif Mukhtar

Trump Administration Advances Crypto Policies Amid National Security Strategy Release

chest

The Trump administration has been actively promoting crypto policies this year, supporting the GENIUS Act and establishing a Bitcoin reserve, despite the omission of cryptocurrency in the national security strategy.

user avatarMaria Gutierrez

Bitcoin Encounters Significant Resistance Levels Ahead.

chest

Bitcoin is approaching significant resistance levels, with immediate resistance at 91,650 and key levels at 92,000 and 93,000. A close above 93,000 could lead to further increases, potentially testing the 95,000 resistance. However, if Bitcoin fails to rise above the 91,650 resistance zone, it may start another decline, with immediate support near 90,000 and major support at 89,500.

user avatarDavid Robinson

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.