Cryptocurrency, like any other financial apparatus, is a target for cybercriminals. The difference is, criminals from anywhere can take a swing at these virtual currencies. It is imperative that security controls be designed into these systems, tested, and kept current with best practices. Secondly, every cryptocurrency organization MUST have a response plan. Be prepared for the inevitable. Such plans tend to reduce the overall impact, downtime, and erosion of customer confidence. Think ahead.
I hope our own Steemit Dev’s have such thinking, plans, and cybersecurity advisors to help them protect the assets, reputation, and availability of the Steemit community and content.