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The Web3 security landscape is inadequately developed, and current cybersecurity solutions have not been enough to prevent hacks. According to the Cyvers Web3 Security Report, cyberattacks and rug pulls have resulted in losses of $3.6 billion. Despite providing faster, cheaper, and more secure financial transactions, the growing Web3 industry also presents increased security vulnerabilities, leading to more frequent hacking incidents. Furthermore, hackers and malicious actors continue to evolve, finding new ways of targeting Web3 applications. To address these security concerns, Datami and Cyvers have formed a partnership. As two growing companies in the cybersecurity and blockchain security sectors, it is important for firms to work together to develop unique strategies for securing the Web3 industry.
Datami is a team of cybersecurity specialists who offer comprehensive cybersecurity services, identifying all possible vulnerabilities that could compromise data. They provide complete scanning of web resources and eliminate any malicious code and hidden scripts on your website. Datami is not just a cybersecurity company for Web3 applications; their expertise in the Web2 space is still highly relevant as Web2 theft and exploit strategies are common ways of attacking Web3 protocols.
Datami's comprehensive cybersecurity services include:
The partnership between Datami and Cyvers unites two highly skilled companies that specialize in different areas. Together, they can provide more comprehensive cybersecurity solutions and cutting-edge blockchain protection. Integrating their varied services will create a complete suite for securing assets on any blockchain, detecting and responding to incidents, and returning stolen funds to their rightful owners in real-time.
Cyvers focuses on detecting cryptocurrency and Web3 attacks in real-time using advanced geometric machine learning. With Cyvers' Security Operation Platform for Web3 businesses, security, compliance, fraud, and risk teams can automatically identify and respond to incidents across the entire crypto attack surface. This solution has attracted significant interest from the big auditing players in the space, who are keen to adopt their solution alongside their services.
"Once the start of an attack is detected through a set of patterns, the teams using the Cyvers solution have a mitigation timeframe to prevent the attack from actually happening. For example, they move assets away from vulnerable contracts, freeze illicit transactions, or return stolen funds to the owner's account."
This partnership will significantly strengthen the Web3 security ecosystem, giving users peace of mind that their assets are secure.
In conclusion, the partnership between Datami and Cyvers is a game-changer for the Web3 security ecosystem. Combining comprehensive cybersecurity services and cutting-edge ML and blockchain monitoring security will provide users with a complete solution for securing their assets. As the Web3 industry continues to grow, partnerships like this one are essential to ensuring that the industry remains secure and accessible to everyone.
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