How Predictive ML Detected Four Attacks Before Exploitation
This week in Forta! Predictive ML Detected Four Attacks Before Exploitation. Forta’s Gitcoin Bounty offers $2,000 for bot development challenges. Future of threat prevention spaces event offers solutions to Web3’s biggest problem. Two Forta Initiatives will push the bounds of threat detection research with $100K+ in grants.
How Predictive ML Detected Four Attacks Before Exploitation. Mariko Wakabayashi, machine learning engineer at OpenZeppelin, explains in Forta’s latest blog how predictive threat detection is possible using ML. In just two months, her detection bot detected four major hacks totaling $23.5M, in real-time, before they occurred. Read the blog to learn how the black box approach used has very interesting implications for the future of threat detection.
Get real-time alerts to prevent attacks. Prevent phishing, reentrancy, flashloan, and other attacks to your smart contracts with the Attack Detector, a detection bot that combines past alerts under a common address to emit a high precision alert of an attack. Simply visit the Forta App and subscribe to “Monitor Smart Contracts'' to get alerted.
Forta’s Gitcoin Bounty offers $2000 for Bot development challenge. This challenge is specifically around creating a bot that alerts on protocol anomalies, able to alert in backtesting on the Binance Bridge attack, PeakDeFi hack, and the uToken hack. The bounty will launch next week, so stay tuned to Forta’s official Twitter account for more information.
Future of threat prevention spaces event offers solutions to Web3’s biggest problem. Forta’s latest roundtable roundtable brought thought leaders from Immunefi, Polygon and OpenZeppelin to discuss the future of threat prevention. Listen to the roundtable and learn how solutions like reputation systems and mempool monitoring may be the key to securing Web3.
Two Forta Initiatives will push the bounds of threat detection research. Through Forta’s Request for Papers (RFP) and Threat Research Initiative (TRi), the Forta network is expanding its community of security experts pushing for a more secure Web3. Forta’s RFP will fund up to $100,000 to students and university faculty members for collaborative research efforts in the experimental threat detection space. Forta’s TRi is aimed specifically at security researchers and Web3 developers to support the analysis of hacks, optimization of bots, and improvement of detection precision.
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