In the implementation of blockchain technology, cyber security!
The emergence of Blockchain technology has changed the way people look at industries forever by providing us decentralized and immutable digital records. Blockchain offers remarkable transparency and efficiency in various applications, from financial transactions to supply chain management. But despite its strong security architecture, blockchain is vulnerable to cyber-attacks. To protect blockchain networks against vulnerabilities, businesses and organizations need to employ cyber security software and best practices. Blockchain Security Risks: [ISC]² Risk Spectrum Though blockchain is often touted as being secure, it is still susceptible to several cyber threats, including: Smart Contract Vulnerabilities — Smart contracts that are not coded well can be exploited, causing financial losses and security breaches.