DeHedge 2FA Attracts Hackers

Two amateur programmers from Irkutsk (Russia) made an attempt to hack the DeHedge website by trying to introduce changes to the page’s script. The attempt was detected by our security department. The identities of the perpetrators have already been established. Details of their identities have been sent to their parents and the headmaster of their school.

Seriously, hacker attacks on ICO websites recently have become common and the culprits are managing to misappropriate considerable funds due to a lack of proper security measures. For such reasons, many ICOs have begun implementing two factor identification on user personal profile pages, boosting security scripts and enhancing firewalls.

A recent research conducted by Ernst & Young has revealed that of the $3.7 billion raised on the last 372 ICOs, more than $400 million have been lost to hacker attacks. It is unknown where the funds have been diverted as tracing procedures are not in effect along with other legislative requirements in the ICO sector.

To prevent further attack attempts on its website and ensure the security of its contributors and platform participants, DeHedge will be bolstering its security measures as its ICO date draws closer.