Story thread · 2 reports / 2 sources

Crypto Platforms Lose $3.6 Billion to Hacks Despite Security Audits

pymnts.com · 6dShare

Hacks and theft cost cryptocurrency platforms over $3.6 billion in the last 18 months. That’s according to recent findings by CoinGecko, cited in a report Tuesday (Sept. 8) by CNBC, which notes most of these incidents — the results of cyberattacks and stolen passkeys — happened despite the companies conducting security audits. Roughly 88% of the stolen funds and about […] The post Crypto Platforms Lose $3.6 Billion to Hacks Despite Security Audits appeared first on PYMNTS.com .

First report: Crypto platforms have lost over $3.63 billion to cyberattacks — even though most of them did security checks — cnbc.com, 7d