Cyvers releases the "2025 Web3 Security and Fraud Report," featuring 5 new findings in attack and defense
According to Odaily, Cyvers has released the "2025 Web3 Security and Fraud Report," revealing the real state of hacker attacks, fraud, and emerging threat patterns, covering the following key findings:
1. Industrialization of crypto fraud: Cyvers identified 18,815 active global fraud network groups, moving beyond the era of lone "hackers."
2. The scale of authorization scams now far exceeds that of traditional exploits: Traditional hacking methods caused losses of $2.5 billions, while the amount stolen through fraud reached $16 billions.
3. Smart contract vulnerabilities are not the main cause: In 2025, 88% of losses stem from access control failures, including key leaks, permission setting issues, and human error.
4. Methods of the largest crypto thefts in history have changed: Supply chain vulnerabilities and legitimate signatures in certain exchange incidents may appear normal at first glance, and such covert risk events are expected to become routine in the future.
5. More than 140 exchanges affected: A significant portion of customers at major exchanges have experienced at least one instance of fraud.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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