What is the Context of Cyber Security Framework?

For digital assets and blockchain systems, a Cyber Security Framework is paramount given the high value and immutability of on-chain data. Current discussions address the adaptation of traditional security models to distributed ledger technologies, considering smart contract vulnerabilities and consensus mechanism attacks. A critical future development involves the creation of specialized cybersecurity frameworks tailored specifically for decentralized applications and blockchain networks, focusing on their unique attack vectors.

Cyber Security Framework

Definition

A Cyber Security Framework comprises a set of policies, procedures, and technologies designed to protect information systems from digital threats. It provides a structured approach to identifying, protecting, detecting, responding to, and recovering from cyber incidents. Implementing a robust framework helps organizations manage cyber risks effectively and safeguard sensitive data. Such frameworks are essential for maintaining operational resilience and trust in digital operations.