The audit process for Hyperledger Fabric is based on the comprehensive approach we follow to investigate the code for security flaws and potential vulnerabilities and the best possible ways to mitigate them.
In a recent incident, hackers successfully exploited a vulnerability in Hyperledger Fabric, resulting in the theft of digital assets worth over $50,000 from the network's private net. Leveraging QuillAudits extensive experience in auditing Hyperledger Fabric implementations, we conduct thorough investigations to identify vulnerabilities within your ecosystem. Our aim is to provide effective solutions that fortify the security of your Hyperledger Fabric network, fostering trust among stakeholders and bolstering the overall integrity of your system.
Our audit covers Hyperledger Fabric's security architecture, consensus mechanism, performance, and compliance evaluation, identifying issues and offering solutions.
We analyze your network's security and smart contracts/chaincodes, identifying vulnerabilities and recommending improvements.
After identifying vulnerabilities, we collaborate with you to develop and implement improvements for optimal security, performance, and compliance.
Our experienced team at QuillAudits ensures your Hyperledger Fabric network is secure, efficient, and compliant with industry standards.
Hyperledger Caliper is a benchmarking tool that we use to test the performance and scalability of your network. It helps us identify any performance bottlenecks or vulnerabilities that could impact the security of your network.
Hyperledger Explorer is a blockchain explorer tool that we use to visualize and analyze the data stored in your network. It helps us identify any anomalies or inconsistencies in the data, which could indicate security vulnerabilities or attack scenarios.
Hyperledger Fabric SDKs are software development kits that we use to develop and test smart contracts and applications for your network. By using SDKs, we can ensure that your smart contracts and applications are properly coded and tested for security vulnerabilities.
Using tools like Metasploit, Burp Suite, OWASP ZAP, Nmap, and Nessus, we simulate real-world attacks to identify network vulnerabilities, including node tampering, denial-of-service attacks, consensus algorithm weaknesses, SQL injection, XSS, and weak authentication protocols.
Hyperledger Fabric audits pinpoint vulnerabilities, enhancing security controls and network protection against threats, thus boosting confidence in the system's security and data integrity.
An audit detects inefficiencies in the Hyperledger Fabric network, optimizes operations, and streamlines processes, leading to cost savings and better resource utilization.
Hyperledger Fabric audits review network configurations and controls, ensuring adherence to industry standards, regulations, and data protection best practices.
Hyperledger Fabric audits foster trust and transparency, demonstrating a commitment to security and compliance, while shared findings further enhance network integrity and strengthen trust within the stakeholders.
|Review the configuration settings of the Hyperledger Fabric network, including consensus mechanisms, cryptographic algorithms, and network topology. Ensure that the configuration aligns with security best practices and industry standards.
|Assess the access control mechanisms implemented in the Hyperledger Fabric network. Verify that appropriate roles, permissions, and authentication methods are in place to restrict unauthorized access to network resources.
|Identity and Membership Management
|Evaluate the processes and procedures for managing identities and memberships within the Hyperledger Fabric network. This includes reviewing the registration, enrollment, and revocation mechanisms for participants, as well as the management of cryptographic key pairs.
|Smart Contract/Chaincode Security
|Review the smart contracts/chaincodes deployed on the Hyperledger Fabric network for potential security vulnerabilities. Assess the code quality, logic, and adherence to secure coding practices. Verify that appropriate input validation and access control mechanisms are in place.
|Data Privacy and Confidentiality
|Assess the measures in place to protect the privacy and confidentiality of data stored and transmitted within the Hyperledger Fabric network. Review encryption mechanisms, data access controls, and compliance with applicable data protection regulations.
Each year, millions drain down the crypto hacks. Here are a few examples how hackers took advantage of the loopholes in the code to escape with millions:
In March 2022, $615M were stolen from Ronin Network, a platform powering the popular mobile game Axie Infinity.
In August 2021, the criminals transferred $611M-worth of Poly Network tokens to three wallets they controlled.
In September 2020, $275m worth of cryptocurrency was stolen from the Singapore-headquartered exchange KuCoin.
Caption: Values calculated according to cryptocurrency prices at the time of the theft
Source: Statista/Bloomberg, Business Insider, TechCrunch, CNBC, Ronin Network, Vice.
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Initially when we talked with Audit company they said they will deliver it on so and so day but it was delayed by 3-4 days. Reason behind this was complexity of our contract [5000+] which took longer for them and they did it with complete responsibility. Their recommendation also helped us a lot in later stage so I would recommend if any of my friends looking for Audit.
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