Security & Risk Analysis Flashcards
6 cards from real CCA practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 Security & Risk Analysis flashcards as text
What is the primary goal of blockchain security?
Answer: To ensure data integrity and prevent breaches
Blockchain security aims to protect data integrity, prevent unauthorized access, and maintain trust in the system.
What is a 51% attack?
Answer: A majority control over blockchain consensus
A 51% attack occurs when a single entity gains majority control of the network’s mining power, allowing potential double-spending.
Why is private key security critical?
Answer: They authorize access to crypto wallets
Private keys grant access to digital assets, and loss or theft can result in irreversible asset loss.
What is smart contract auditing?
Answer: A code review for security flaws
Smart contract auditing reviews code for vulnerabilities to prevent exploits and ensure secure operations.
Which best describes a phishing attack in crypto?
Answer: Fraudulent attempt to access credentials
Phishing tricks users into revealing private credentials, often through fake websites or messages.
What is risk analysis in the context of blockchain?
Answer: Identifying and managing security vulnerabilities
Risk analysis evaluates threats to blockchain systems, helping prioritize mitigation strategies and security protocols.