Definition ∞ Cyber Incident Response constitutes the structured approach an organization takes to manage and mitigate the aftermath of a cybersecurity breach or attack. This process involves detection, containment, eradication, recovery, and post-incident analysis. Effective response protocols are vital for protecting digital assets and maintaining system integrity.
Context ∞ The state of cyber incident response in the digital asset sector is highly dynamic due to the persistent threat landscape and the value of assets at stake. A key discussion involves developing specialized response frameworks tailored to blockchain vulnerabilities and smart contract exploits. Critical future developments include enhanced collaboration among industry participants for threat intelligence sharing and the deployment of advanced AI-driven detection systems.