Security Innovation today announced the availability of Blockchain CTF, a platform for smart contracts. This resource is open to all members of the security industry including developers, IT security professionals and blockchain experts.
The interactive platform leverages the company’s CMD+CTRL Cyber Range solution for accelerated security skills development.
Blockchain is generating new business risks, the company says, and so it’s is important all stakeholders have a clear understanding of internal capabilities to be able to handle it securely. Blockchain CTF and CMD+CTRL can help teams assess their readiness.
“New applications of blockchain technology are being researched and discovered each day, especially in finance, commerce and Internet services. For companies that are investigating use cases of this exciting new technology, it is more important than ever that security be their top priority,” said Joe Basirico, Senior Vice President of Services at Security Innovation. “Since the consequences of an insecure blockchain application will often result in immediate financial loss, it is critical that developers of blockchain applications are fully prepared to identify and prevent common vulnerabilities in these platforms.”
The engineers at Security Innovation are fluent in blockchain technology including smart contracts, decentralized apps (DApps), directed acyclic graphs, on-chain and off-chain scaling solutions and more. Blockchain CTF was developed as part of the company’s ongoing commitment to helping organizations solve their cybersecurity issues and contribute cutting edge research to the security industry.
The Blockchain CTF platform contains a series of vulnerable smart contracts and DApps with real-life use cases, ranging from decentralized trust funds and open source lottery systems to initial coin offerings (ICOs) and automated royalty agreements. Each of these applications contain a vulnerability commonly found in smart contracts. Participants can practice exploiting these bugs and win points on the leaderboard.
Security Innovation also amplifies the Blockchain CTF learning experience by providing helpful hints and resources that assist users in gaining a deeper understanding of the tools and methodologies used when developing, testing, and using DApps and smart contracts.
In the spirit of decentralization, Security Innovation developed the platform as a client-side DApp with smart contracts running on the Ethereum Testnet Blockchain.