Shellboxes, an Industry-Leading Cyber Security Firm, Declares Continuous Commitment to Protect Blockchain Projects from the Growing Threat of Cyber Attacks

cryptonews.com:

Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content. Shellboxes, a leading Web 3 company with top-level blockchain security and consulting services, has announced its commitment to help project owners stay protected amid rising cyberattacks in the industry.

The Shellboxes team has raised the alarm over the carefree attitude of most Web 3 project owners who pay little to no attention to the growing risk of cyberattacks.According to a report by Chainalysis, 2022 witnessed the most significant loss of crypto assets to hackers.

The report revealed a whopping $3.8 billion was stolen, mainly from DeFi protocols. As the risk of these cyberattacks increases in the Web 3 space, ShellBoxes is advising Web3 project owners to take the security of their platform/project seriously.

These owners need to ensure their projects undergo robust and thorough security audits. Some project owners settle for low-tier quality audits with the sole purpose of laundering the business’ brand image instead of the security of the project.ShellBoxes aims to not just awaken these owners to the potential dangers of below-par security audits; the company also offers blockchain security services.