Technology Risk Management

Definition ∞ Technology risk management involves the systematic identification, assessment, mitigation, and monitoring of potential threats and vulnerabilities associated with an organization’s technological infrastructure and systems. In the digital asset domain, this includes addressing risks related to smart contract bugs, network security breaches, protocol failures, and data integrity issues. Effective risk management protects digital assets and ensures the continuity of operations. It is essential for maintaining trust and stability.
Context ∞ The rapid evolution of blockchain technology presents unique challenges for technology risk management, requiring continuous adaptation of security protocols and operational procedures. Discussions frequently address the complexities of securing decentralized systems, the need for robust smart contract auditing, and incident response planning for novel attack vectors. Future efforts focus on developing industry-wide best practices, automated security tools, and collaborative threat intelligence sharing to enhance resilience across the digital asset ecosystem.