Security Audit Gap

Definition ∞ A Security Audit Gap denotes an unaddressed vulnerability or an oversight in the security assessment process of a blockchain protocol or smart contract. This gap indicates a potential weakness that could be exploited by malicious actors, leading to loss of funds or system compromise. Identifying and closing these gaps through thorough and continuous audits is paramount for the integrity of digital asset platforms. It represents a critical area of risk for decentralized applications.
Context ∞ Crypto news frequently highlights Security Audit Gaps when reporting on exploits or incidents where funds are lost due to unpatched vulnerabilities. These events underscore the continuous need for comprehensive and independent security reviews throughout a project’s lifecycle. Addressing audit gaps is a key discussion point for enhancing the trustworthiness and long-term viability of decentralized finance and other blockchain applications.