Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

How Fireblocks Is Innovating MPC Wallet Technology

Our MPC-CMP algorithm at Fireblocks has brought a complete evolution in our clients’ security architecture. There are many benefits in utilizing MPC, such as the distribution of signing, the removal of a single point of failure from the system, and flexible M event signing structures. But MPC has its downsides, including a low transaction speed due to multiple rounds in the MPC signing process, and a lack of a truly air-gapped MPC solution.

What We Can Learn From SolarWinds Security Breach

65% of cyber attacks today happen due to the negligence of a third party. SolarWinds security breach is a good example of that. In this case, hackers used a method known as a supply chain attack to insert malicious code into their Orion System. From there, they managed to crack into the SolarWinds network and put malware into the environment. SolarWinds did a great job following up on this. They made significant improvements and are currently rated as a B by SecurityScorecard.