diff --git a/SECURITY.md b/SECURITY.md
new file mode 100644
index 00000000000..034e8480320
--- /dev/null
+++ b/SECURITY.md
@@ -0,0 +1,21 @@
+# Security Policy
+
+## Supported Versions
+
+Use this section to tell people about which versions of your project are
+currently being supported with security updates.
+
+| Version | Supported          |
+| ------- | ------------------ |
+| 5.1.x   | :white_check_mark: |
+| 5.0.x   | :x:                |
+| 4.0.x   | :white_check_mark: |
+| < 4.0   | :x:                |
+
+## Reporting a Vulnerability
+
+Use this section to tell people how to report a vulnerability.
+
+Tell them where to go, how often they can expect to get an update on a
+reported vulnerability, what to expect if the vulnerability is accepted or
+declined, etc.
diff --git a/apps/dashboard/src/app/(dashboard)/(chain)/[chain_id]/[contractAddress]/embed/embed-setup.tsx b/apps/dashboard/src/app/(dashboard)/(chain)/[chain_id]/[contractAddress]/embed/embed-setup.tsx
index ac759a49730..c25dfd164ee 100644
--- a/apps/dashboard/src/app/(dashboard)/(chain)/[chain_id]/[contractAddress]/embed/embed-setup.tsx
+++ b/apps/dashboard/src/app/(dashboard)/(chain)/[chain_id]/[contractAddress]/embed/embed-setup.tsx
@@ -219,16 +219,24 @@ export const EmbedSetup: React.FC<EmbedSetupProps> = ({
   });
   const createKeyMutation = useCreateApiKey();
 
-  const validApiKey = (apiKeys.data || []).find(
-    (apiKey) =>
-      (apiKey.domains.includes("*") ||
-        apiKey.domains.includes("embed.ipfscdn.io") ||
-        apiKey.domains.includes("*.ipfscdn.io")) &&
+  const validApiKey = (apiKeys.data || []).find((apiKey) => {
+    const allowedHosts = ["embed.ipfscdn.io", "*.ipfscdn.io"];
+    const isValidDomain = apiKey.domains.includes("*") || apiKey.domains.some((domain) => {
+      try {
+        const url = new URL(domain);
+        return allowedHosts.includes(url.host);
+      } catch (e) {
+        return false;
+      }
+    });
+    return (
+      isValidDomain &&
       (apiKey.services || [])
         .find((service) => service.name === "storage")
         ?.actions.includes("read") &&
-      !!(apiKey.services || []).find((service) => service.name === "rpc"),
-  );
+      !!(apiKey.services || []).find((service) => service.name === "rpc")
+    );
+  });
 
   const chainId = contract.chain.id;
   const { idToChain } = useAllChainsData();