CYBER RISKS ON CRYPTOCURRENCY EXCHANGES: CAUSES, CONSEQUENCES, AND THEIR MITIGATION

Authors

  • Andrii Hrebelnyi Kyiv National Economic University n.a. Vadym Hetman

DOI:

https://doi.org/10.30890/2567-5273.2024-34-00-036

Keywords:

Cybersecurity, cryptocurrency exchanges, cyber risks, phishing attacks, DDoS attacks, wallet hacks, exploits, technical vulnerabilities, organizational weaknesses, access control, human factor, security audit, cold wallets, multifactor authentication (MF

Abstract

The article examines cyber risks that arise on cryptocurrency exchanges, their causes, consequences, and ways to minimize them. By analyzing real cases of attacks, we identify the main types of threats and offer recommendations for reducing risks. The pu

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References

Юрій Когут "Технології блокчейн та криптовалюта: ризики та кібербезпека" Сідкон, Київ, 2022.

Conti, M., E, S. K., Lal, C., & Ruj, S. "A survey on security and privacy issues of Bitcoin." IEEE Communications Surveys & Tutorials, 2018.

Bonneau, J., Miller, A., Clark, J., Narayanan, A., Kroll, J. A., & Felten, E. W. "Sok: Research perspectives and challenges for bitcoin and cryptocurrencies." IEEE Symposium on Security and Privacy, 2015.

Vasek, M., & Moore, T. "There’s no free lunch, even using bitcoin: Tracking the popularity and profits of virtual currency scams." Financial Cryptography and Data Security, Springer, Berlin, Heidelberg, 2015.

Published

2024-08-30

How to Cite

Гребельний, А. (2024). CYBER RISKS ON CRYPTOCURRENCY EXCHANGES: CAUSES, CONSEQUENCES, AND THEIR MITIGATION. Modern Engineering and Innovative Technologies, 1(34-01), 106–113. https://doi.org/10.30890/2567-5273.2024-34-00-036

Issue

Section

Articles