Securing Cryptocurrency Organizations

The report outlines the growing prevalence and impact of cryptocurrency heists—citing significant industry statistics (phishing targeting Web3 up 482% in 2022; $24.2B received by illicit addresses in 2023; ~$572M lost to Web3 compromises in Q2 2024)—and summarizes common security gaps in crypto organizations (hyperfocus on wallet infrastructure, rapid development cycles, unmanaged contractors, and disparate infrastructure) that create technical debt, expand attack surfaces, and complicate incident prevention and response.