Vulnerabilities and Security Breaches in Cryptocurrencies

Gudmundur Sigurdsson, Alberto Giaretta*, Nicola Dragoni

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

Abstract

Nowadays, 1375 different cryptocurrencies exist, and their market value totals up to $444.8 billion, at the time of writing. The interest revolving around cryptocurrencies is constantly growing, and this hype caused an increase of criminal attacks on various cryptocurrencies. In this paper, we cover the main aspects that concern cryptocurrencies vulnerabilities and related security breaches. Then, we propose possible solutions to prevent them, or to decrease the attackers’ profit margins by increasing the costs they have to face, in order to strike some of these attacks. Alongside, we briefly describe a few attacks that have occurred in the past.

Original languageEnglish
Title of host publicationProceedings of 6th International Conference in Software Engineering for Defence Applications - SEDA 2018
EditorsManuel Mazzara, Angelo Messina, Alberto Sillitti, Giancarlo Succi, Paolo Ciancarini
PublisherSpringer
Publication date1 Jan 2020
Pages288-299
ISBN (Print)9783030146863
DOIs
Publication statusPublished - 1 Jan 2020
Event6th International Conference in Software Engineering for Defence Applications, SEDA 2018 - Rome, Italy
Duration: 7 Jun 20188 Jun 2018

Conference

Conference6th International Conference in Software Engineering for Defence Applications, SEDA 2018
CountryItaly
CityRome
Period07/06/201808/06/2018
SeriesAdvances in Intelligent Systems and Computing
Volume925
ISSN2194-5357

Cite this

Sigurdsson, G., Giaretta, A., & Dragoni, N. (2020). Vulnerabilities and Security Breaches in Cryptocurrencies. In M. Mazzara, A. Messina, A. Sillitti, G. Succi, & P. Ciancarini (Eds.), Proceedings of 6th International Conference in Software Engineering for Defence Applications - SEDA 2018 (pp. 288-299). Springer. Advances in Intelligent Systems and Computing, Vol.. 925 https://doi.org/10.1007/978-3-030-14687-0_26
Sigurdsson, Gudmundur ; Giaretta, Alberto ; Dragoni, Nicola. / Vulnerabilities and Security Breaches in Cryptocurrencies. Proceedings of 6th International Conference in Software Engineering for Defence Applications - SEDA 2018. editor / Manuel Mazzara ; Angelo Messina ; Alberto Sillitti ; Giancarlo Succi ; Paolo Ciancarini. Springer, 2020. pp. 288-299 (Advances in Intelligent Systems and Computing, Vol. 925).
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Sigurdsson, G, Giaretta, A & Dragoni, N 2020, Vulnerabilities and Security Breaches in Cryptocurrencies. in M Mazzara, A Messina, A Sillitti, G Succi & P Ciancarini (eds), Proceedings of 6th International Conference in Software Engineering for Defence Applications - SEDA 2018. Springer, Advances in Intelligent Systems and Computing, vol. 925, pp. 288-299, 6th International Conference in Software Engineering for Defence Applications, SEDA 2018, Rome, Italy, 07/06/2018. https://doi.org/10.1007/978-3-030-14687-0_26

Vulnerabilities and Security Breaches in Cryptocurrencies. / Sigurdsson, Gudmundur; Giaretta, Alberto; Dragoni, Nicola.

Proceedings of 6th International Conference in Software Engineering for Defence Applications - SEDA 2018. ed. / Manuel Mazzara; Angelo Messina; Alberto Sillitti; Giancarlo Succi; Paolo Ciancarini. Springer, 2020. p. 288-299 (Advances in Intelligent Systems and Computing, Vol. 925).

Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

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AU - Giaretta, Alberto

AU - Dragoni, Nicola

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N2 - Nowadays, 1375 different cryptocurrencies exist, and their market value totals up to $444.8 billion, at the time of writing. The interest revolving around cryptocurrencies is constantly growing, and this hype caused an increase of criminal attacks on various cryptocurrencies. In this paper, we cover the main aspects that concern cryptocurrencies vulnerabilities and related security breaches. Then, we propose possible solutions to prevent them, or to decrease the attackers’ profit margins by increasing the costs they have to face, in order to strike some of these attacks. Alongside, we briefly describe a few attacks that have occurred in the past.

AB - Nowadays, 1375 different cryptocurrencies exist, and their market value totals up to $444.8 billion, at the time of writing. The interest revolving around cryptocurrencies is constantly growing, and this hype caused an increase of criminal attacks on various cryptocurrencies. In this paper, we cover the main aspects that concern cryptocurrencies vulnerabilities and related security breaches. Then, we propose possible solutions to prevent them, or to decrease the attackers’ profit margins by increasing the costs they have to face, in order to strike some of these attacks. Alongside, we briefly describe a few attacks that have occurred in the past.

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BT - Proceedings of 6th International Conference in Software Engineering for Defence Applications - SEDA 2018

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Sigurdsson G, Giaretta A, Dragoni N. Vulnerabilities and Security Breaches in Cryptocurrencies. In Mazzara M, Messina A, Sillitti A, Succi G, Ciancarini P, editors, Proceedings of 6th International Conference in Software Engineering for Defence Applications - SEDA 2018. Springer. 2020. p. 288-299. (Advances in Intelligent Systems and Computing, Vol. 925). https://doi.org/10.1007/978-3-030-14687-0_26