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2017 Ethereum ICO's offered insecurity-as-a-service

June 25, 2018 — shinohai

Security researchers with positive.com, which specializes in auditing ICO's, found an average of 5 vulnerabilities in each of 2017's offerings according to a recent report. 71% contained at least one or more security flaw, and every ICO that offered an app was vulnerable. One third of all web apps contained common weaknesses such as code injection, disclosure of sensitive webserver info, or insecure data transfer. Most of the lulz were due to the copy/paste development culture which is common these days, as well as just building infrastructure on the already laughably insecure Ethereum platform, the pretend blockchain of choice for scammers worldwide.

Tags: News, Cryptocurrency, Webshit, Lulz