TechFlow news: Bug bounty security platform Immunefi is partnering with cybersecurity firm Trails of Bits to launch "The Rekt Test"—a baseline security standard for web3.
The test guides web3 projects through a series of questions designed to ensure they meet minimum security performance levels. According to a statement, the results will enable users and investors to more easily assess a project's quality before engaging with it.
The Rekt Test covers seven security assessments: system documentation and roles, key management and access control, incident response and crisis management, team and personnel security, code security and testing, external audits and vulnerability management, and attack mitigation and user protection.
The test was developed in collaboration with Polygon Labs, Solana Foundation, Fireblocks, DeFi Education Fund, and Ribbit Capital. It was created by a group of web3 security experts including Mitchell Amador, founder and CEO of Immunefi; Dan Guido, co-founder and CEO of Trail of Bits; Lee Mount, head of EulerSwap at Euler Finance; Shahar Madar, security lead at Fireblocks; and representatives from Ribbit Capital.
