How to save your blockchain data?

In this article, we will talk about the security of your products. Today's popular blockchain, though considered anonymous and secure, is still susceptible to hacking. And the purpose of this article is to describe a method that will help you reduce the chance of hacking and keep your users safe.

Why do you need to improve the security of your product?

But first, let's talk about why blockchain security has become an issue. Hacks have been on the rise lately, primarily because of the blockchain's anonymity principles. This allows cybercriminals to launder and cash out stolen funds without much difficulty.

Amid a wave of hacks, Blockchain Security startups like Hacken, which do not just audit code, but also audit smart contracts and wallets by hackers, are gaining popularity.

Some experts are inclined to think that it is not so profitable to maintain a staff of testers from the point of view of objective detection of errors in the code. But nevertheless, penetration testing performed by a specialist increases your security level. That's why you should not run after acceptable penetration testing pricing, but use only professionals.

Penetration testing

A penetration test is an opportunity to assess the level of protection of an information system against illegal intrusion into it from public networks. The essence of the test is to identify security weaknesses by looking at it through the eyes of a cybercriminal who is interested in gaining unauthorized access to the information system.

In the course of penetration testing, the following tasks are solved:

•  Checking the possibility of an employee gaining access to sensitive information.

•  Evaluating the business logic of critical services in order to determine whether fraudulent schemes are possible.

•  Detection of unauthorized access to sensitive information (personal and authentication data, key configuration files).

•  Detection of vulnerabilities in information security and options for their exploitation.

•  Verification of possible privilege escalation by the rank-and-file employee.

•  Recommendations are developed to neutralize the detected vulnerabilities.