{"id":26544,"date":"2025-08-26T14:58:18","date_gmt":"2025-08-26T11:58:18","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=26544"},"modified":"2025-08-26T15:00:13","modified_gmt":"2025-08-26T12:00:13","slug":"certik-founder-describes-battle-with-hackers-as-endless","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/certik-founder-describes-battle-with-hackers-as-endless\/","title":{"rendered":"CertiK Founder Describes Battle with Hackers as &#8216;Endless&#8217;"},"content":{"rendered":"<p>The cryptocurrency industry is engaged in an &#8220;endless war&#8221; with hackers who continue to exploit the most vulnerable link\u2014the human factor. This was stated by CertiK founder and Columbia University professor Junhui Gu in an interview with Cointelegraph.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"zxx\" dir=\"ltr\"><a href=\"https:\/\/t.co\/Z5iwqJqEpD\">https:\/\/t.co\/Z5iwqJqEpD<\/a><\/p>\n<p>\u2014 Zoltan Vardai (@ZVardai) <a href=\"https:\/\/twitter.com\/ZVardai\/status\/1958901718952849749?ref_src=twsrc%5Etfw\">August 22, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to analysts, losses in the first half of the year reached $2.47 billion, already 3% higher than the total for 2024. The largest incident was the <a href=\"https:\/\/forklog.com\/en\/news\/bybit-exchange-suffers-1-46-billion-loss-in-hack\">attack on the Bybit exchange<\/a>, resulting in $1.4 billion being stolen by criminals.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udea8 The Q2 + H1 2025 Hack3d Report is here.<\/p>\n<p>$2.47B lost in the first half of the year.<br \/>$801M lost in Q2 alone.<br \/>Phishing and wallet compromise dominated the threat landscape.<\/p>\n<p>Dive into the data\ud83d\udc47\ud83e\uddf5 <a href=\"https:\/\/t.co\/Sxa6AGejGK\">pic.twitter.com\/Sxa6AGejGK<\/a><\/p>\n<p>\u2014 CertiK (@CertiK) <a href=\"https:\/\/twitter.com\/CertiK\/status\/1939730621452230768?ref_src=twsrc%5Etfw\">June 30, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In the second quarter, losses from hacker activity decreased to $800 million, with specialists recording 144 attacks. However, forecasts remain pessimistic: Gu expects losses to remain in the billions in 2026.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;As long as there are weak spots or vulnerabilities, sooner or later they will be discovered by criminals. This is an endless war. But I fear that next year [losses from hacks] will still be measured in billions of dollars,&#8221; he said.<\/p>\n<\/blockquote>\n<p>According to him, cybercriminals&#8217; methods are evolving alongside security measures. Hackers are shifting to exploiting human behavior, Gu noted.<\/p>\n<p>Last year, half of the incidents were related to operational vulnerabilities. Now, criminals are increasingly using social engineering. For instance, in August, a user <a href=\"https:\/\/forklog.com\/en\/news\/cryptocurrency-investor-loses-3-million-with-a-single-click\">lost<\/a> $3 million by signing a fraudulent transaction. Another victim lost $900,000, 458 days after unknowingly approving a malicious contract.<\/p>\n<p>Earlier, on August 21, on-chain sleuth ZachXBT <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-investor-defrauded-of-91-million\">reported<\/a> that cybercriminals had swindled $91 million from a Bitcoin investor. The hackers posed as representatives of a crypto exchange and a hardware wallet support service.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency industry is engaged in an &#8220;endless war&#8221; with hackers who continue to exploit the most vulnerable link\u2014the human factor, stated the founder of CertiK.<\/p>\n","protected":false},"author":1,"featured_media":26545,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"In the first half of the year, losses from hacker activity reached $2.47 billion.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1204,44,1246],"class_list":["post-26544","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-certik","tag-cybercrime","tag-scammers"],"aioseo_notices":[],"amp_enabled":true,"views":"131","promo_type":"1","layout_type":"1","short_excerpt":"In the first half of the year, losses from hacker activity reached $2.47 billion.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/26544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=26544"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/26544\/revisions"}],"predecessor-version":[{"id":26546,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/26544\/revisions\/26546"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26545"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=26544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=26544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=26544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}