For financial institutions using blockchain technology, the most likely risk arises from the increase in attack surface area, because:
Blockchain introduces decentralized nodes, smart contracts, APIs, wallets, and consensus mechanisms — all of which expand the system’s exposure to potential threats.
The more entry points and integration layers, the higher the chance of vulnerabilities being exploited.
Financial institutions are high-value targets, and any weakness in blockchain infrastructure could lead to data breaches, fraud, or manipulation of transactions.
This risk is especially prominent with public or hybrid blockchains, but even private ones may introduce new cybersecurity challenges.
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