MultiversX Tracker is Live!

SecureWithUnsnarl: Top 10 Problems Faced by Independent Auditors in Web3

Etherum Reddit

More / Etherum Reddit 114 Views

SecureWithUnsnarl: Top 10 Problems Faced by Independent Auditors in Web3

???? Traditional #auditing firms overshadow individual auditors.

???? Limited recognition for auditors' skills & expertise.

???? Small auditing firms with 5 - 10 auditors lack visibility.

???? Difficulty competing with established brands & big firms.

???? Limited demand for #auditing services due to perception of expense & unnecessary, leading to fewer job opportunities for auditors.

???? Lack of trust in individual auditors, while trusting established brands.

???? Multiple auditors assigned to a single budget leads to low fees.

???? Difficulty in auditing early to medium-stage projects with low complexity, which may not have adequate funding for thorough audits.

???? Difficulty in providing affordable auditing services while maintaining transparency & quality of work.

???? Lack of funds for auditing, compared to #scaling, product development, & team building.

???? Difficulty in mitigating financial losses for startups due to security breaches, especially if they cannot afford expensive auditing services.

???? Lack of standardization & regulation in the auditing industry, leading to variable quality of audits and inconsistent pricing across firms.

submitted by /u/Y_K_C_
[link] [comments]

Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments