As Web3 technologies gain traction, ensuring security across all areas becomes increasingly critical. Traditional security measures fall short when dealing with new challenges posed by smart contracts and decentralized infrastructures.
To tackle this, Cyvers, a pioneer in Web3 security, presents the Runtime Sensor, a groundbreaking solution offering real-time threat detection and response capabilities to shield your on-chain operations in dynamic Web2 and Web3 environments.
The dawn of Web3 has brought about a fresh set of attack vectors, leaving conventional threat detection tools lagging behind. Cyvers addresses the disconnect between Web2 and Web3 spaces where traditional tools often lack context to identify the potential impact of threats that start off-chain. On-chain defenders often grapple with identifying compromised resources, vulnerable smart contracts, at-risk access keys, and traditional phishing scams. Additionally, attackers maneuver through various layers within the blockchain network and communication protocol, requiring an all-encompassing approach to detect coordinated attacks.
To empower organizations in the Web3 era, we've launched the Runtime Sensor, a lightweight agent operating within Kubernetes clusters. This sensor provides real-time Web2 and Web3 visibility, monitoring critical aspects such as network connections, running processes, crypto activities, and blockchain system calls. With its ability to detect malicious behavior affecting on-chain protocols and applications, the sensor perfectly complements Cyvers' existing API-based visibility and risk assessment capabilities, providing the best of both worlds.
Harnessing the strength of the Cyvers Runtime Sensor and Cyvers' AI Security, organizations have a formidable defense mechanism against known and unknown threats. Our detection engine constantly updates its AI models to cover the latest off-chain to on-chain attacks. Techniques commonly associated with on-chain protocols and smart contracts, such as cryptocurrency miners, frontrunners, flash loans, and phishing scams, are promptly identified, enabling on-chain defenders to act swiftly.
The Ronin Network hack illustrated the transition from Web2 to Web3 and the subsequent need for runtime sensors as the hack remained unnoticed for 6 days.
At first, Lazarus group targeted Sky Mavis employees through LinkedIn, conducting fake job interviews and offering generous compensation packages. One senior engineer fell for the scheme, clicking a PDF that compromised their computer and four Ronin blockchain validators.
Further exploiting compromised private keys resulted in loss of $522M.
This incident underscores the importance of runtime sensors in the Web3 era, as they can actively monitor and detect suspicious activities within the blockchain network, providing an added layer of security to protect against such sophisticated attacks originating from Web2 vectors.
At Cyvers, we approach security from a holistic perspective, correlating cloud workload processes, off-chain metadata, on-chain activity, and infrastructure context to provide comprehensive visibility during attacks. By overlaying real-time workload activity with on-chain activity, organizations can quickly ascertain the nature and extent of an attack. For instance, in a recent attack involving Atomic wallet hacks, Cyvers' comprehensive approach would reveal the attacker's access through suspicious network connections and lateral movement within the environment, allowing security teams to respond efficiently.
As Web3 technologies continue shaping the digital world, security measures for decentralized environments must evolve in tandem. The introduction of Cyvers' Runtime Sensor marks a significant advancement in Web3 security, helping organizations safeguard their workloads in real time. With its all-in-one platform that combines agentless visibility, risk assessment, and sensor-based threat detection, Cyvers simplifies the transition from centralized to decentralized security. With Cyvers by your side, you can confidently traverse the Web2 to Web3 landscape, secure your assets, and amplify your transformation efforts.