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Abstract:This paper investigates the weaknesses of image watermarking techniques. We present WAVES (Watermark Analysis Via Enhanced Stress-testing), a novel benchmark for assessing watermark robustness, overcoming the limitations of current evaluation methods.WAVES integrates detection and identification tasks, and establishes a standardized evaluation protocol comprised of a diverse range of stress tests. The attacks in WAVES range from traditional image distortions to advanced and novel variations of diffusive, and adversarial attacks. Our evaluation examines two pivotal dimensions: the degree of image quality degradation and the efficacy of watermark detection after attacks. We develop a series of Performance vs. Quality 2D plots, varying over several prominent image similarity metrics, which are then aggregated in a heuristically novel manner to paint an overall picture of watermark robustness and attack potency. Our comprehensive evaluation reveals previously undetected vulnerabilities of several modern watermarking algorithms. We envision WAVES as a toolkit for the future development of robust watermarking systems. The project is available at https://wavesbench.github.io/