FailSafe offers unparalleled protection by providing comprehensive end-to-end security solutions—from detailed pre-deployment audits to real-time post-deployment monitoring. Conducting thorough audits upfront enables FailSafe to configure precise monitoring systems, ensuring immediate detection and mitigation of potential hacks.
Audit Methodology
Threat Modelling
Our threat modelling identifies potential attack vectors and associated risks:
- Asset Identification: Enumerating critical assets within smart contracts, such as tokens, sensitive data, and access controls.
- Threat Enumeration: Identifying threats like reentrancy, integer overflow/underflow, denial of service, and more.
- Vulnerability Assessment: Evaluating vulnerabilities concerning smart contract interactions with external components.
- Risk Prioritization: Ranking threats based on severity and potential impact.
Manual Code Review
Our security experts perform a meticulous manual review of the smart contract source code:
- Line-by-line Code Review: Detecting vulnerabilities and ensuring compliance with industry best practices.
- Logic Analysis: Inspecting business logic for vulnerabilities and inconsistencies.
- Gas Optimization: Identifying optimization opportunities for gas efficiency.
- Access Control Review: Verifying proper access controls and permissions.
- External Dependencies: Evaluating security risks from external dependencies or oracle integrations.
Functional Testing in Hardhat/Foundry
We ensure smart contracts are reliable and correct through functional testing:
- Functional Testing: Comprehensive tests covering diverse functionalities and edge cases.
- Integration Testing: Confirming secure interactions with other system components.
- Deployment Verification: Ensuring correct and secure deployment of smart contracts.
Fuzzing and Invariant Testing
For complex or critical smart contracts, advanced methods uncover hidden vulnerabilities:
- Fuzz Testing: Generating random or invalid inputs to trigger potential vulnerabilities.
- Invariant Testing: Confirming smart contract consistency and correctness across diverse scenarios.
Edge Case Scenario Coverage
Our audits extensively cover diverse edge cases, including:
- Extreme Inputs: Testing contracts with extreme boundary conditions.
- Exception Handling: Assessing contract resilience to unexpected scenarios.
- Concurrency: Evaluating contract performance under concurrent interactions.
- Non-Standard Scenarios: Exploring atypical use cases that could impact contract behavior.
Reporting and Recommendations
Our detailed audit reports include:
- Clear descriptions of identified issues and their potential system impacts.
- Precise location within the codebase where vulnerabilities are found.
- Explanations of vulnerabilities, root causes, and exploitation scenarios.
- Actionable remediation instructions and code snippets.
- Best practices and guidelines to prevent similar vulnerabilities.
- Proof-of-concept demonstrations illustrating vulnerability severity.
Report Generation
We document all audit findings comprehensively, providing actionable recommendations for addressing each identified security issue effectively.
Remediation Support
FailSafe collaborates closely with your development team to:
- Implement recommended fixes for vulnerabilities.
- Review and validate security enhancements and code updates.
Final Assessment
Post-remediation, FailSafe conducts a thorough reassessment to verify that all vulnerabilities have been adequately resolved, ensuring the ongoing security posture of your smart contracts.
With FailSafe, your project receives proactive, comprehensive protection, safeguarding your smart contracts from pre-deployment through active, real-time threat detection and response post-deployment.
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