/Our Services

At Midgard Technologies, our expertise extends far beyond the ordinary. Our suite of services is meticulously crafted to safeguard and enhance your digital endeavors.

We are not just service providers; we are pioneers leading you into a secure technological future.

Our subscription-based service offers an exhaustive analysis of your company’s workflow and infrastructure, pinpointing vulnerabilities and transforming them into fortresses of security.

We don’t just assess; we fortify your digital realm.

We’re at the forefront of blockchain security.

Our Infrastructure Audits for blockchains and crypto wallet audits don’t just evaluate; they revolutionize the way you perceive blockchain security.

Our cybersecurity expertise fused with cutting-edge ML and AI technologies streamlines your operational processes, catapulting your business into new realms of efficiency and innovation.

We don’t just develop; we architect the future of blockchain technology. From crypto wallet development to blockchain tracking tools, we’re crafting the next generation of blockchain solutions.

/Cybersecurity and Blockchain Security Audits

Why does this matter?

We understand the gravity of cybersecurity in today’s digital age. Our audits are meticulously designed to reinforce your security posture, transforming your organization into a stronghold of digital safety.

/Data Breaches and Cyber Attacks in 2023

The digital world in 2023 has witnessed staggering data breaches and cyber-attacks. Midgard Technologies stands as your ally, converting these daunting statistics into a call for more robust defenses and heightened vigilance.

PharMerica

Over 5.8 mln customers’ data exposed (March 2023).

Over 5.8 M users’ data, including social security numbers and medical information, had been publicly exposed following a ransomware attack. PharMerica discovered the breach in March, but only notified customers two months later after the hackers published the data online.

MOVEit Attack

100+ companies & government agencies compromised (May 2023).

A russia-based ransomware group known as Clop leveraged a zero-day exploit in MOVEit, to compromise over 100 companies and government agencies. The discovered security flaw was probed as far back as 2021.

IntelliHartx

489k patients’ data breach (June 2023).

The healthcare company IntelliHartx suffered a loss of sensitive data belonging to over 489,000 patients, due to a data breach on the side of the partner company Fortra. Stolen data included social security numbers, dates of birth, and medical records.

Razer

The source code, encryption keys, and other data loss (July 2023).

The source codes and other data were stolen from Razer Gold, a digital wallet service developed by Razer, a gaming hardware company. The hacker offered to sell the data for $100,000 worth of cryptocurrency.

Seiko

Schemes, patented technology data loss  (August 2023).

Japanese watchmaker Seiko has been added to ALPHV (BlackCat) ransomware group’s victim list. The stolen data includes schemes, patented technology, and other proprietary data, but does not appear to include sensitive customer data.

Apria

1.8 mln patients and employees data leak (September 2023).

Apria Healthcare discovered a data breach of sensitive data on 1.8 million patients and employees via HIPAA violation. The exposed information appears to include Social Security numbers, financial data, and medical records.

/Data Breaches and Cyber Attacks in 2023

PharMerica

Over 5.8 mln customers’ data exposed (March 2023).

MOVEit Attack

100+ companies & government agencies compromised (May 2023).

IntelliHartx

489k patients’ data breach (June 2023).

Razer

The source code, encryption keys, and other data loss (July 2023).

Seiko

Schemes, patented technology data loss  (August 2023).

Apria

1.8 mln patients and employees data leak (September 2023).

/Data breaches and cyber attacks in November 2023

There were 470 publicly disclosed security incidents in November 2023, accounting for 519,111,354 compromised records, bringing the year’s total to nearly 6 billion.

The three major breaches of November 2023:

Kid Security

More than 300 mln records were exposed.

SAP SE Bulgaria

95,592,696 artefacts exposed.

TmaxSoft

More than 56 mln sensitive records leaked.

/What about the crypto and blockchain industry?

Cybercriminals stole about $1.7 billion in 160 attacks from January to November 2023.

/Losses by the attack method in the crypto industry in 2023

Midgard stats

Infrastructure attacks constituted almost 60% of the total stolen amount in 2023. The most detrimental form of infrastructure attack involved the theft of private keys or compromise of seed phrases. In such instances, hackers infiltrated the underlying infrastructure of a cryptocurrency system, including servers, networks, or software, to pilfer funds or manipulate trades.

With an average cost of nearly $30 million per incident, these attacks surpassed protocol attacks and code exploits, which jointly made up one-fifth of the total hack volumes. Similar to the trends observed in 2022, a limited number of large-scale hacks were responsible for the majority of cryptocurrency thefts.

The top ten hacks alone accounted for nearly 70% of all stolen funds. Notably, some breaches exceeded $100 million, including attacks targeting Euler Finance (March), Multichain (July), Mixin Network (September), and Poloniex (November).

/November 2023 blockchain security update: $349 million loss

According to SlowMist, November 2023 was marked by a significant number of security breaches within the blockchain sector. In total, 47 distinct incidents were recorded, cumulatively leading to a substantial loss estimated at around $349 million. This figure not only sheds light on the ongoing challenges faced in safeguarding digital assets but also the critical need for continuous advancements and stronger security measures in the rapidly evolving space of blockchain.

The combined losses from the Poloniex, HTX, and Heco Bridge incidents reached $243 million, accounting for approximately 69% of the total losses from security events. There were also 24 rug pull incidents, making up 51% of the total number of security events.

Onyx Protocol

$2.1 mln (November 1)

TrustPad

$155,000 (November 6)

TheStandard.io

$290,000 (November 7)

MEV Bot

$2.2 mln (November 7)

CoinSpot

$2.4 mln (November 8)

Poloniex

$130 mln (November 10)

Raft Protocol

$6.7 mln (November 11)

Exzo Nework

$526,000 (November 14)

dYdX

$9 mln (November 18)

Kronos Research

$26 mln (November 19)

HTX, Heco Bridge

$113.3 mln (November 22)

Kyber Network

$54.7 mln (November 23)

/November 2023 blockchain security update: $349 million loss

According to SlowMist, November 2023 was marked by a significant number of security breaches within the blockchain sector. In total, 47 distinct incidents were recorded, cumulatively leading to a substantial loss estimated at around $349 million. This figure not only sheds light on the ongoing challenges faced in safeguarding digital assets but also the critical need for continuous advancements and stronger security measures in the rapidly evolving space of blockchain.

The combined losses from the Poloniex, HTX, and Heco Bridge incidents reached $243 million, accounting for approximately 69% of the total losses from security events. There were also 24 rug pull incidents, making up 51% of the total number of security events.

Onyx Protocol

$2.1 mln (November 1)

TrustPad

$155,000 (November 6)

TheStandard.io

$290,000 (November 7)

MEV Bot

$2.2 mln (November 7)

CoinSpot

$2.4 mln (November 8)

Poloniex

$130 mln (November 10)

Raft Protocol

$6.7 mln (November 11)

Exzo Nework

$526,000 (November 14)

dYdX

$9 mln (November 18)

Kronos Research

$26 mln (November 19)

HTX, Heco Bridge

$113.3 mln (November 22)

Kyber Network

$54.7 mln (November 23)

/Losses by the attack method in November 2023

Midgard stats

“Projects are urged to intensify their oversight of liquidity pools, a crucial step in both the prevention and swift response to emerging security threats.
Notably, three major incidents this month were linked to vulnerabilities in third-party services, underscoring the necessity for thorough security assessments prior to their integration.
To enhance this process, projects may benefit from partnering with specialized security firms for comprehensive audits of these external services.”

/Slowmist November Security Update

/What is the solution?

The answer lies in preemptive action. Our Security Audits are not just evaluations but blueprints for constructing an impenetrable digital fortress.

/Cybersecurity Audits

Subscription Tiers

  • Startup

    $5,000/ month
    • Designed for startups' agile and evolving needs, this tier provides foundational security analysis and strategic roadmaps to secure your digital future.
    • High-level infrastructure security gap analysis and report
    • Data access and roles policy organization
    • Meeting with executive management
    • Custom security roadmap
    • Penetration testing
  • Business

    $7,000/ month
    • Tailored for organizations seeking comprehensive digital guardianship, this tier extends our services to include continuous monitoring and dedicated technical support.
    • EVERYTHING FROM STARTUP, plus:
    • Weekly configuration monitoring
    • Data breach risk monitoring
    • Bi-monthly technical support
    • Dedicated resource to help and react to all digital company's lifecycle
  • Enterprise

    $14,000/ month
    • The ultimate security solution for larger teams, offering extensive on-the-go support and all-encompassing services to substitute for an internal security team.
    • EVERYTHING FROM BUSINESS, plus:
    • On-the-go support and instant reaction
    • Migration assistance and support

/LOOKING FOR A CUSTOM SOLUTION?

Your unique needs demand bespoke solutions. Choose from a range of service combinations to create a package that aligns perfectly with your specific requirements.

/Our Clients

Our clientele is a testament to our unwavering commitment to digital security. They are not just customers but partners in our journey towards creating a safer digital world.

/Take steps to protect your business

Engage with us for a comprehensive presentation, a strategic pitch, or a sample of our meticulous audits. We are not just a service; we are your first step towards a secure digital future.

/PARTNER WITH US FOR A SECURE DIGITAL FUTURE

Let’s unite in our quest for a secure and technologically advanced future. At Midgard Technologies, your digital security is not just our service; it’s our promise.