Cyvers releases' Web3 Security and Fraud Report 2025 ', including 5 new findings on attack and defense Odaily Planet Daily News: Cyvers has released the "2025 Web3 Security and Fraud Report", revealing the true state of hacker attacks, fraud, and emerging threat patterns, covering the following important findings: 1. Industrialization of Crypto Fraud: Cyvers has identified 18815 active global fraud network groups, no longer just isolated "hackers". 2. The scale of authorization fraud has far exceeded traditional vulnerability exploitation: traditional hacking attacks caused $2.5 billion in losses, and the amount stolen through fraud was $16 billion. 3. Smart contract vulnerabilities are not the main cause: 88% of losses in 2025 will be due to access control failures, including key leaks, permission setting issues, and human errors. 4. The techniques used in the largest cryptocurrency theft case in history have changed: the supply chain vulnerabilities and legitimate signatures in the Bybit incident may seem normal at first glance, but in the future, such covert risk incidents will become normalized. 5. More than 140 exchanges have been affected: a significant portion of customers on major exchanges have experienced fraud at least once.