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Blockchain Pentesting — Penetration Testing for Blockchain Networks.

In every industry, which is being chronically affected by cybersecurity risks and breaches, the adoption of blockchain technology is increasing manifold. It is applied in a wide range of use cases. The main reason for its popularity lies in the data security backed by immutable smart contracts. In the security assessment process, various techniques like blockchain penetration testing are used. In this blog, we will explore more about Blockchain Penetration testing.

  • There are many things to know about blockchain and cryptocurrencies out there. Most importantly, we must never forget how important it is to secure these new systems that will be used by the masses in the coming years. Penetration testing is one way to help secure your blockchain applications in the present and is ever so valuable as a means of proactively adding another layer of protection against outside forces. But first, let’s take a look at what exactly penetration testing is and how it can operate in order to secure the increasingly popular blockchain technology even further.

What is Blockchain Pentesting?

  • A blockchain is a distributed database that is open to anyone. On top of that, it’s decentralized and transparent. In this way, setting up a blockchain is a revolutionary way to keep track of data. However, it is also a very complex and new idea that is still being tested and has many loopholes. Blockchain pentesting is a way to test blockchain apps & It finding security loopholes in the data entry and theft of information. The overall objective of the engagement is to help you test blockchain application resiliency, which will demonstrate its weaknesses and allow our security professionals to offer you a recommended solution for the identified issues.

How Quillaudit does Blockchain Penetration Testing?

Quillaudit divided the penetration testing into the following phases:

Phase 1: Information Gathering and Threat Modelling

Information gathering and threat modeling have come to be a key part of modern information security. Information gathering is defined as the process of picking apart and analyzing any data, hard drive, or network, on a target so one can understand what the target is, who uses it and how they use it (i.e. which features they most frequently access). Threat modeling involves using the information gathered to accurately model or map out the activities of a target in an effort to predict possible threats before they happen. As you might imagine when used effectively, threat modeling helps defend against possible future attacks on a host based on its past history.

This Step Includes:

  • Understanding Blockchain Application(Whether its centralized or Dapp) architecture
  • Finding & mapping threat entry points
  • Using OSINT to Collect all publicly available data on potential exploits more importantly we collect public information about the app with this
  • Setting objectives for conducting security testing
  • Checking Compliance readiness
  • Setting up the testing environment
  • Using Passive analysis to find any potential publicly available sensitive information

Phase 2: Testing/Discovery

In this phase, we use the data acquired in the first phase to play out the active security testing of your application to decide its security level estimated against best practices and industry guidelines.

This phase includes:

  • API Security Testing
  • Integrity Assessment
  • Vulnerability Assessment
  • Functional & Business Logic Error Testing
  • The approach of Automatic and Manual DApp Security Analysis
  • Static and Dynamic Testing
  • Documentation of Discovered vulnerabilities

Phase 3: Exploitation

This step is to identify points of entry or possible security flaws. This can be done manually by going through a list of common vulnerabilities and checking if they apply to your product by testing things such as Oauth-related Vulnerabilities, Cryptography, SQL Injection, XSS, etc. The exploitation phase involves getting sensitive information at every opportunity. This data often contains personal details which can be used in other later phases.

This phase includes:

  • Verifying Security Weaknesses and Vulnerabilities
  • Exploiting Security Weaknesses and Vulnerabilities
  • Application Penetration Testing the above two points are basically the explanation of App pentesting

Phase 4: Reporting :

In this phase, the pentester must do it all! Monitoring everything they do, especially during the discovery and exploitation process. They’re analyzing every detail and step in providing a report that highlights what was used to successfully penetrate the dApp as well as any security weaknesses and other pertinent information discovered. They’re taking each issue into detail, as well as mapping out steps to mitigate the vulnerability.

This phase includes:

  • Review and Document Discoveries
  • Prepare a Report which consists of steps to mitigate the vulnerability

Why did you choose Quillaudit for Blockchain Pentesting?

  • Penetration testing can help you get a better sense of the security posture of your network and help you determine flaws that might have gone unnoticed.
  • Many blockchain companies are paying a high priority to security and are aware that security vulnerabilities must be detected and patched
  • Quillaudit offers an on-demand, customized approach to help you address each potential risk.
  • Security is not a one-size-fits-all solution and it depends on what type of security you need.
  • Our security experts know their stuff when it comes to securing blockchains, cryptocurrencies, and apps both centralized and decentralized.
  • With us, our customers can rest assured that they are in safe hands! Sometimes we test the app itself, sometimes just the blockchain (if used) with what’s known as security or ethical hacking.
  • You’ll always be kept up to date thanks to our real-time updates about vulnerabilities. Thus, you can get on to patching them ASAP.

Thanks for reading. Also, do check out our earlier blog posts.

About QuillAudits
QuillAudits is a secure smart contract audits platform designed by QuillHash
It is an auditing platform that rigorously analyzes and verifies smart contracts to check for security vulnerabilities through effective manual review with static and dynamic analysis tools, gas analysers as well as simulators. Moreover, the audit process also includes extensive unit testing as well as structural analysis.
We conduct both smart contract audits and penetration tests to find potential
security vulnerabilities which might harm the platform’s integrity.
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