An analysis of a company’s database to determine the adequacy of its safety measures.
A security audit is the analysis of a system’s database to determine its overall performance, hinder security infringement, and suggest any necessary changes. This audit is very vital in crypto because any gap in a blockchain network, especially in the system’s components or nodes, can lead to a compromise in the security framework.
Due to the current limitations of digital innovations, a blockchain’s security audit is performed manually. Nevertheless, the method is a great way to ensure transparency, and defeat any security threat and inconsistencies found in the blockchain system database.