AI tool claims 97% efficacy in preventing ‘address poisoning’ attacks

Crypto cybersecurity firm Trugard and onchain trust protocol Webacy have developed an artificial intelligence-based system for detecting crypto wallet address poisoning. According to a May 21 announcement shared with Cointelegraph, the new tool is part of Webacy’s crypto decisioning tools and “leverages a supervised machine learning model trained on live transaction data in conjunction with onchain analytics, feature engineering and behavioral context. ” The new tool purportedly has a success score of 97%, tested across known attack cases. “Address poisoning is one of the most underreported yet costly scams in crypto, and it preys on the simplest assumption: That what you see is what you get,” said Webacy co-founder Maika Isogawa source: https://cointelegraph.com/news/ai-system-has-97-claimed-efficacy-in-preventing-address-poisoning-attacks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound