Definition ∞ Technological risk management involves identifying, assessing, and mitigating potential hazards related to the underlying technology of digital asset systems. This process addresses vulnerabilities in smart contracts, blockchain protocols, and associated infrastructure. Effective management aims to prevent exploits, system failures, and data breaches. It is a continuous effort to maintain system integrity and security.
Context ∞ Technological risk management is a critical and constant subject in crypto news, with reports frequently detailing security audits, bug bounties, and protocol upgrades. Discussions often highlight the inherent complexities of decentralized systems and the need for rigorous testing. Proactive measures are essential to protect users and maintain trust in the ecosystem.