On July 14, MITRE announced that it has launched AADAPT (Adversarial Actions in Digital Asset Payment Technologies), a cybersecurity framework aimed at addressing vulnerabilities in digital financial systems such as cryptocurrency.
Emulating the structure of the MITRE ATT&CK framework, AADAPT provides developers, policymakers, and financial organizations with a structured methodology for identifying, analyzing, and mitigating potential risks associated with digital asset payments. By using insights derived from real-world attacks as cited by more than 150 sources from government, industry, and academia, the AADAPT framework identifies adversarial tactics, techniques, and procedures linked to digital asset payment technologies, including consensus algorithms and smart contracts.
“Digital payment assets like cryptocurrency are set to transform the future of global finance, but their security challenges cannot be ignored,” said Wen Masters, vice president of cyber technologies at MITRE. “With AADAPT, MITRE is empowering stakeholders to adopt robust security measures that not only safeguard their assets but also build trust across the ecosystem.”
The increasing reliance on cryptocurrencies has brought about sophisticated cyber threats, including double-spending attacks, phishing schemes, and ransomware incidents that impact businesses, governments, and individual users. Smaller organizations, local governments, and municipalities are particularly vulnerable, often lacking the resources to enhance their cybersecurity measures. AADAPT seeks to address these disparities by providing practical guidance and tools tailored to the unique needs of this financial market segment.
Source: MITRE
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