todayonchain.com

AI Is 2x Better at Exploiting Smart Contract Flaws Than Catching Them, Binance Finds

BeInCrypto
Binance Research reports that AI is twice as effective at exploiting smart contract vulnerabilities as it is at detecting them.

Summary

A report from Binance Research reveals that AI tools are significantly more proficient at exploiting smart contract flaws than identifying them, creating a lopsided security landscape. Utilizing the EVMbench benchmark, researchers found that AI models show a 72.2% success rate in exploit mode compared to a much lower rate in detection mode. This imbalance is exacerbated by declining attack costs and a disparity in how developers use AI for coding versus rigorous security testing. Furthermore, AI is increasingly enabling large-scale crypto fraud, with scammers leveraging deepfakes and automated reconnaissance to increase the efficiency and financial yield of their operations.

(Source:BeInCrypto)