Average initial coin offering has at least five vulnerabilities

Every month there are fresh cryptocurrencies springing up, but new research by Positive.com has discovered an average of five separate vulnerabilities in each initial coin offering (ICO) project examined in 2017. What's more, 47 percent of the ICO vulnerabilities uncovered were medium to high severity. Just one vulnerability is enough for attackers to steal investors' money and do irreparable damage to corporate reputation. Total investment in ICOs exceeded $5 billion in 2017, with the first quarter of 2018 showing no sign of slowing down. With such large sums of money available, incentives for cybercriminals are high, and seven percent of… [Continue Reading]