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How Blockchain Developers Can Avoid Job Offer Scams: Protect Your Code and Wallets
- Blockchain developers are increasingly targeted by scams, with incidents ranging from dishonest job offers to tests that provide hackers with their client codes.
- Developers are thought to be particularly susceptible to such frauds because malicious code could easily damage or delete essential assets and files.
- Scammers use social media contacts such as LinkedIn and Upwork, sourcing supposedly legitimate work honing-in on convincing-sounding stories and roles.
- Such attempts, known as web3 scam, ploy developers to run fatal malware covertly embedded in the code via a test task, home to fundamental flaws to swipe private keys, project details and wallets.
- Blockchains token and decentralized financing continue to climb from $5.5bn in 2020 to a forecasted $1tn by 2032.
- SCAND recommend verifying potential customers and conducting KYC checks such as checking communication preferences and a thorough identity check.
- Experienced SCAND developers carry out virus checks and examine code bases with strict scrutiny to spot any suspicious parts.
- Hostile code is deployed entirely within isolated environments free from any harmful impact.
- SCAND retain sensitive information on lockdown and do not give production access to any members, plus a tiered structure firewall and strong encryption is introduced.
- Collaboration from a wider development community and equipped with knowledge in current trends in security, will help boost the likelihood of recognizing and combating fraud.
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