SecureWithUnsnarl: Top 10 Problems Faced by Independent Auditors in Web3
![SecureWithUnsnarl: Top 10 Problems Faced by Independent Auditors in Web3 SecureWithUnsnarl: Top 10 Problems Faced by Independent Auditors in Web3](https://i0.wp.com/external-preview.redd.it/RIYUXeYJy_ZCBh_5g0cTZfgesYeTczBjSaauVjrkPpo.jpg?resize=780%2C470&ssl=1)
🚫 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.
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