BNB Smart Chain (BSC) on Monday said that the contract blockchain saw a steady decrease in financial losses from security breaches in 2023. The Binance-backed blockchain network published a report on Monday stating that the total financial loss dropped to just $97 million in 2023.
BSC sees a drop in losses from security incidents
BSC on Monday quoted a report by AvengerDAO’s Security, stating that the blockchain network saw a year-on-year decrease of 85% in the overall damage resulting from security breaches.
According to the research, there has been a huge fall in both scams and hackers since 2022. In 2023, scams accounted for $87.9 million, a 54% decrease, and cyberattacks for $73.2 million, a 91% decrease.
BSC’s losses narrow despite an increase in security breach incidents
The report quoted by BSC however, points towards a peculiar trend. The overall security incidents reported on BSC amounted to 414. This which represents a 44% increase from 2022.
Despite this increase, the ov
We współpracy z: https://coingape.com/bsc-reduces-security-breach-losses-in-2023-despite-increase-in-cyber-crime-cases/
