Security for banks entering digital assets
Banks and financial institutions moving into custody, tokenisation and stablecoins inherit a new attack surface: smart contracts, wallets, key management and blockchain infrastructure, alongside the regulatory testing they already face. HYDN brings traditional cybersecurity and blockchain security together, from penetration testing and red teaming to smart contract audits.
What changes with digital assets
- Irreversibility. There is no chargeback on-chain.
- Keys as assets. Whoever holds the key controls the funds.
- Public code. Smart contracts can be read and attacked by anyone.
- New adversaries. Groups like Lazarus specifically target crypto operations.
How HYDN helps
- Wallet and custody testing and key management review.
- Smart contract audits for tokenisation and stablecoin contracts.
- Red team engagements against the people and processes that control assets.
- DORA resilience testing.
Questions
Frequently asked questions
How is digital asset security different from traditional banking security?
Transactions are irreversible, keys are bearer instruments, and code is public. A mistake that a bank could reverse in a traditional system can be permanent on-chain.
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