Page 136 - Cyber Defense eMagazine March 2024

Sooner than later, DeFi platforms will realize they must prioritize users to ensure their long-term survival.
Since they’re industry disruptors, they’ll likely be held to a higher standard — people will be more critical
of security gaps and failings.

Consequently, platforms will likely strengthen smart contract security by leveraging cryptography and
authentication measures. The future of the DeFi ecosystem’s cybersecurity strategies will largely depend
on individuals since many vulnerabilities are circumstantial. Only time will tell how they decide to
approach the issue.

The Implications of a Strong Cybersecurity Posture

If DeFi platforms have a strong cybersecurity posture, their users will be better protected against theft
and account takeover. They won’t have to worry about losing all their investments to a single bug.

About the Author
April Miller is the Managing Editor of ReHack Magazine. She is particularly
passionate about sharing her technology expertise, helping readers
implement technology into their professional lives to increase their
productivity, efficiency and personal enjoyment of their work.

April can be reached online on Twitter, LinkedIn and at our company website
https://rehack.com/.

Cyber Defense eMagazine – March 2024 Edition 136
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