Security (Protection)
In smart contracts refers to the measures and practices employed to protect the smart contract code and its execution from vulnerabilities, bugs, and malicious attacks on the blockchain. With evolving threats in both the physical and digital realms, adopting proactive measures such as risk assessments, layered defenses, continuous monitoring, employee education, and incident response planning is essential for maintaining trust, and continuity within any situations.
What You Need To Know
Security is a multifaceted discipline encompassing physical safety measures, cybersecurity protocols, financial safeguards, and operational resilience strategies designed to protect individuals, organizations, and assets from harm or loss.