CertiK's Jason Jiang: Every Crypto Hack Is Preventable with the Right Safeguards

CertiK's Jason Jiang: Every Crypto Hack Is Preventable with the Right Safeguards

By Crypto Economy
TL;DR Jason Jiang, CertiK's CBO, says every crypto hack is preventable and attributes breaches to human error and the industry's lack of maturity. The expert argues that attacks like the Bybit breach, which led to a $5 billion theft, originated from social engineering and operational oversights.

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**CertiK Executive Claims All Cryptocurrency Hacks Are Preventable Through Proper Security Measures**

Jason Jiang, Chief Business Officer at leading blockchain security firm CertiK, boldly declares that every cryptocurrency hack can be prevented with adequate safeguards and security protocols. Speaking on the current state of digital asset protection, Jiang attributes the majority of crypto breaches to human error and the cryptocurrency industry's ongoing maturity challenges rather than technical vulnerabilities.

The security expert specifically referenced the devastating Bybit exchange breach, which resulted in a staggering $5 billion theft, emphasizing that such attacks typically stem from social engineering tactics and operational oversights rather than sophisticated technical exploits. This analysis highlights critical weaknesses in cryptocurrency exchange security infrastructure and risk management practices.

Jiang's comments underscore growing concerns about DeFi security and blockchain protection as the cryptocurrency market continues expanding. With Bitcoin and altcoin adoption accelerating globally, implementing robust security frameworks becomes increasingly crucial for protecting digital assets. The CertiK executive's insights suggest that enhanced employee training, improved operational procedures, and comprehensive security audits could significantly reduce cryptocurrency theft incidents, potentially strengthening investor confidence in blockchain technology and digital asset exchanges.

Article Details

Market Sentiment
neutral
Category
bitcoin
Reading Time
1 min read
Article Type
Article
Topics & Keywords
#Security

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Source: Crypto Economy

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