The evolution of the internet not only brought improvements of all kinds, it also brought new opportunities for hackers.
While Web3 is more secure, we can’t rule out a number of concerns.
It is possible to address the Web3 From a angle from safety thanks to the beginnings of the internet. The underlying principles of Web3 made it more secure thanks to the ability to circumvent various security flaws in internet technologies of the past. Following this point, we can also say that Web 1.0 and the evolution to Web 2.0 also brought us various security risks. Threats from social networks, online transactions, etc.
Several of these risks are born thanks to the fact that Web3 architectures interact with others. This results in the composition of the blockchain and IPFS protocols. They manage to maintain security, it will not be something that could be done optimally if the different built-in weaknesses of the protocol cannot be solved. This will happen, in the same way that it happened in Web 2.0, thanks to the consensus of the network that prevents it from being fast and easy.
For this reason, we will talk about the biggest security threats that Web3 faces and that it will have to solve if it wants to become the standard.
Approaching Web3 from a security angle
Data confidentiality
Although we may not believe it, we are constantly exposed to computer data leaks that expose our private information. This threat is increasing thanks to the inclusion of content within that data. The machines that scan this data also have the ability to find records and information for which it was not originally intended and include it in the databases.
Quality of the information
Web3 is based on the accuracy of machine-managed data Will the consensus include automated data checks, with accurate data validation and vetted for misinformation? Who will be in charge of controls and how will they be reported? What are the qualifications and motivations of those charged with checking this information?
Hack and financial exploits
We cannot deny that one of the most secure technologies that currently exists is the blockchain. Although occasionally, hackers manage to exploit one or another cryptographic flaw. When this happens, it becomes quite difficult to recover the stolen assets. Although Web3 offers different prospects for democratization, a small glitch in the system could result in catastrophic loss of money.
Best Practices for Protecting Web3 Applications and Infrastructure
WAF and different Web 2.0 security measures
Many companies have a track record of more than a decade fighting against different Internet threats, many of which were prevented thanks to information. Despite this, I do not downplay the severity of information security threats. Although it does mean that on many occasions we need to have a wide variety of strategies to contain and protect the code, avoid code injection, block messages and stop website scripts, among other kinds of attacks.
Web application firewalls (WAFs) and application firewalls manage to prevent access to application interfaces. API security and bot management are able to contain applications, programs to interrupt and participate.
Code audit before implementation
Possibly the most critical step of all is the thorough review of the code. This step is essential to avoid any kind of security flaw that can be found in newly released products.
In the case of Web3, it is not so simple. Here we meet many actors who help scale the network. However, it also takes longer to implement updates with Web3. And this is a problem because we see information or billions in cryptocurrencies at stake.
API query signing and encryption
Transport Layer Security (TLS) is a cryptographic protocol that is used as a shield for Web 2.0; was created to offer users who browse the web a secure and private communications protocol. It is essential to continue with this TSL protocol in Web3, to implement secure APIs and protect communications between applications, which results in protecting our information.