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Understand your Risk Profile

Risk Assessment

A sound strategy to highlight vulnerabilities and strengthen a project against potential exploits starts with understanding the risks. By conducting a meticulous risk assessment, projects can gain valuable insights into the security challenges they confront and assess their overall risk profile.

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+10B
Secured Assets
+350
Security Audits
+9K
Vulnerabilities Detected
10
Years in the Market

Our Experience

Chosen by Projects Building on

A Team of Experts at

Our Approach to Risk Assessment

A four-step process

Threat modeling

We develop a threat model tailored to your project. This model provides a high-level overview of the system’s underlying risks and potential threat actors.

Threat actor analysis

We identify and characterize potential threat actors within the system, including both users and services capable of causing harm or exploitation.

Mapping threat paths

By mapping these paths between different trust zones, we can assess existing controls and uncover potential exploitable vulnerabilities.

Pre-audit preparation

Recommendations for risk acceptance thresholds and control implementations pre-audit, along with determining the necessary resources for it.

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Expert services tailored to your needs

System diagrams

We create detailed system diagrams that illustrate the software architecture and user base, mapping out all components, their relationships, and their associated trust levels. You’ll better understand the system’s structure and in which areas security controls are needed to enforce trust boundaries.

Trust zone delineation

At a design level, we delineate trust zones within the system based on the security controls that enforce varying levels of trust. This ensures that data/decisions cannot change trust zones without meeting trust requirements, enhancing the overall security posture of the system.

Detailed report preparation

We prepare a detailed report with all findings, including the identification of assets requiring protection, identification of relevant threats and weaknesses, assessment of exploitable vulnerabilities, and determination of the business impacts of realized risks.

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Since 2014, CoinFabrik has been a major contributor to blockchain security, safeguarding over 300 platforms with precision-engineered security solutions.

Smart contract audits signal to the community that the developers are serious and committed to delivering a safe product.

Security is everything. If your code is not safe, you’re down the wrong road.

+800M

were lost to hacks and exploits in Q1 2024 alone

~54.5%

of the hacked projects are unaudited

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FAQs on Risk Assessment

If you have more questions don’t hesitate to contact us

What is the duration of the risk assessment process?

The duration of the risk assessment process varies depending on the complexity and size of your system.

How do you prioritize identified risks?

We prioritize risks based on their potential impact on your organization and the likelihood of their occurrence.

How do you ensure confidentiality and security of the information during the risk assessment process?

We adhere to strict confidentiality and security protocols throughout the risk assessment process. All information related to your system is handled with the utmost discretion, and we ensure that all our team members comply with comprehensive non-disclosure agreements.

Can you tailor the risk assessment process to focus on specific areas of concern within our system?

Absolutely, we can customize the risk assessment to concentrate on particular areas of concern in your system. By aligning our assessment focus with your specific security concerns, we can provide insights and recommendations that are directly relevant to your organization’s unique challenges.

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We will contact you as soon as possible.

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