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SECURITY AUDIT#1

A systematic evaluation of a cryptocurrency exchange's security measures to identify vulnerabilities and recommend improvements.

VULNERABILITY#2

A weakness in a system that can be exploited by threats, potentially compromising the security of a cryptocurrency exchange.

CRYPTOCURRENCY EXCHANGE#3

A platform that facilitates the trading of cryptocurrencies, often requiring robust security measures to protect users.

REGULATORY COMPLIANCE#4

Adhering to laws and regulations governing cryptocurrency exchanges, ensuring security practices meet legal standards.

SECURITY PROTOCOLS#5

Established methods and guidelines for securing data and transactions on cryptocurrency exchanges.

AUDIT REPORT#6

A formal document detailing the findings of a security audit, including vulnerabilities and recommended enhancements.

THREAT MODELING#7

The process of identifying potential threats to a cryptocurrency exchange and assessing their impact on security.

RISK ASSESSMENT#8

Evaluating the likelihood and impact of identified vulnerabilities to prioritize security enhancements.

PENETRATION TESTING#9

Simulated cyber attacks on a cryptocurrency exchange to identify security weaknesses before they can be exploited.

ENCRYPTION#10

A method of securing data by converting it into a coded format that can only be accessed with a decryption key.

TWO-FACTOR AUTHENTICATION (2FA)#11

An additional security layer requiring two forms of verification before granting access to an account.

SECURITY BREACH#12

An incident where unauthorized access to a cryptocurrency exchange occurs, compromising sensitive data.

MALWARE#13

Malicious software designed to disrupt, damage, or gain unauthorized access to computer systems, including exchanges.

PHISHING#14

A deceptive method used to trick users into providing sensitive information by impersonating legitimate entities.

USER EXPERIENCE (UX)#15

The overall experience of a user when interacting with a cryptocurrency exchange, balancing security and usability.

SECURITY ENHANCEMENTS#16

Improvements made to strengthen the security posture of a cryptocurrency exchange based on audit findings.

BEST PRACTICES#17

Industry-recognized standards and guidelines for securing cryptocurrency exchanges effectively.

COMPLIANCE CHECKLIST#18

A tool used to ensure that all regulatory requirements are met during the security audit process.

STAKEHOLDER COMMUNICATION#19

The process of conveying audit findings and recommendations to various stakeholders, including non-technical audiences.

CASE STUDY#20

An analysis of specific security incidents in cryptocurrency exchanges to learn from past vulnerabilities.

SECURITY FRAMEWORKS#21

Structured guidelines and best practices for managing cybersecurity risks in cryptocurrency exchanges.

DATA BREACH#22

An incident where sensitive information is accessed or disclosed without authorization, often requiring immediate response.

SOCIAL ENGINEERING#23

Manipulative techniques used by attackers to trick individuals into divulging confidential information.

SECURITY POSTURE#24

The overall security status of a cryptocurrency exchange, reflecting its ability to protect against threats.

CYBERSECURITY#25

The practice of protecting computer systems and networks from digital attacks, crucial for cryptocurrency exchanges.