Web3 security: How to identify the risks and use protection tools?

cointelegraph.com:

The Web3 space has completely revolutionized online interactions, but it is still not completely risk-free. While underlying technologies such as blockchain bring more resilience, Web3 has inherited many security risks from Web2. Moreover, it also faces new forms of attack.

With Web3 progressing at a fast pace, it is imperative to identify the risks associated with this new iteration of the internet. Four main categories of risks emerge from the transition to Web3:

Many people are exploring the features of Web3, but few of them pay close attention to potential risks, especially because of the misunderstanding that Web3 is automatically way more secure than Web2. Thankfully, there are specialized tools that ensure safer navigation of the Web3 space, and one of them is Web3 Antivirus.

The tool can be easily set up as a browser extension, and it can verify all parties and assets that users interact with on Web3 to notify them before taking potentially dangerous actions. Web3 Antivirus audits the smart contracts behind all transactions in real time to identify dangerous logic, vulnerabilities and compromising permissions to access user funds. It also verifies tokens and simulates transactions before execution to ensure a secure outcome.

To date, the tool has already blacklisted over one million websites and identified tens of thousands of dangerous smart contracts.

Web3 Antivirus is improving its capabilities thanks to regular upgrades. The team developing the extension launched its 0.6 version earlier in April, adding several new features, including:

Thanks to ongoing improvements and a user-friendly approach, Web3 Antivirus helps users explore the Web3 space securely while reducing potential risks in real time.

Disclaimer.