 NFT SecurityLisa JY Tan ()
Chapter Chapter 2 in Web3 Applications Security and New Security Landscape, 2024, pp 19-34 from Springer Abstract: Abstract This chapter provides a comprehensive overview of the security landscape surrounding non-fungible tokens (NFTs). It examines the unique attributes of NFTs that present both opportunities and risks, such as immutability, provenance, and trustless transactions. Different categories of threats are analyzed, including exchange vulnerabilities, smart contract exploits, social engineering tactics, and issues with digital storage solutions like IPFS. Real-world case studies of major security incidents are detailed, covering the financial, reputational, and ecosystem impacts. Mitigation strategies spanning technological safeguards, regulatory measures, and community engagement are outlined as crucial components in securing the burgeoning NFT ecosystem. Keywords: Non-fungible tokens (NFTs); Blockchain security; Smart contract vulnerabilities; Exchange hacks; Social engineering scams; IPFS risks; Cryptocurrency theft; Fraudulent NFTs; Phishing attacks; Security best practices; Multi-stakeholder collaboration; Trust models; Proactive threat assessment (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:fuobcp:978-3-031-58002-4_2 Ordering information: This item can be ordered from DOI: 10.1007/978-3-031-58002-4_2 Access Statistics for this chapter More chapters in Future of Business and Finance from Springer |
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