RATE Group | Ethereum Wallet Targeted by More Hackers than Fortune 500 Banks
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Ethereum Wallet Targeted by More Hackers than Fortune 500 Banks

16 Sep Ethereum Wallet Targeted by More Hackers than Fortune 500 Banks

Posted at 22:26h in Ethereum News by

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ethereum wallet

Popular Ethereum wallet MyEtherWallet (MEW) has recorded more attempted attacks by hackers than Fortune 500 banks, according to reports from leading cybersecurity firm Segasec.

Segasec has been responsible for defending MEW from malicious attacks. Such attempted attacks don’t come as a surprise, knowing the amount of valuable Ethereum tokens accessed through the MEW platform. As a matter of fact, users are always confronted with a conspicuous message on the platform’s homepage advising them on how to keep their wallets safe.

An Exceptional Scenario

Beyond the basic security measures that are related to private keys and login tools, overall platform security is crucially essential. According to Segasec, since the beginning of its task of protecting the MEW platform, it has taken down 313 active attacks, with an average of 30 to 40 per week, and these numbers are growing daily.

The CEO and Co-Founder of Segasec, Elad Schulman, explains that such statistics as mentioned…

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