Resonance Security unveils new tool for web3 websites to combat DNS manipulation

  crypto.news 23 m

Blockchain security firm Resonance Security is rolling out a new tool to help web3 protocols defend against DNS and CDN manipulations.

Resonance Security has developed a new tool designed to capture continuous snapshots of the web state, including DNS records and scripts of crypto websites in a bid to detect unauthorized modifications in real-time.

According to a press release shared with crypto.news, the new tool called “Harmony” will enable crypto investors to detect early CDN hijackings and DNS manipulations, tactics increasingly exploited by malicious actors to create fraudulent websites and steal personal information.

Resonance Security chief executive Charles Dray says the solution will help projects avoid DNS takeovers and “keep their sensitive assets from being exposed to black-hat hacking groups.”

“The goal is to keep any organization’s cybersecurity strategies in tune with continuously evolving cyberattacks.”

Charles Dray

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DNS hijacking has recently emerged as a favored attack vector among cybercriminals. Recent incidents involving compromised domains, such as those affecting protocols Celer Network and Compound Finance, underscore the vulnerability of crypto websites to such attacks. While the exact extent of the attack remains uncertain, security experts believe that approximately 11 platforms, including Pendle Finance, Polymarket, and THORChain, might still remain potential targets.

multiple crypto projects have had their domains mysteriously hijacked from their @squarespace account. consider transferring your domain to one of these instead:
– @Cloudflare
– @awscloud Route53
– @markmonitor
– @CSCDBS

— samczsun (@samczsun) July 11, 2024

Paradigm’s anonymous researcher under the alias “samczsun” suggested that the hacks are believed to have originated from Google Domains accounts associated with these protocols. Last year, Squarespace acquired Google Domains in a deal valued at $180 million.

Resonance Security says the company’s latest solution utilizes artificial intelligence to assess results and eliminate false positives to “minimize research time for both the customer and Resonance’s incident response team.”

Read more: Resonance Security flags concerns over potential metadata misuse in Runes

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