<ul><li>The global blockchain security market is projected to grow from an estimated US$20bn in 2024 to $250bn in the next five years.</li><li>Blockchain technology is increasingly being adopted by large corporations to enhance processes such as safe communications, data protection, and defense against cyber-attacks.</li><li>The projected rapid growth of blockchain security will be driven by the integration of emerging technologies like AI and IoT, and its applications across various sectors.</li><li>While blockchain technology offers significant benefits, it is still susceptible to cyber risk-related challenges that need to be correctly managed, including phishing attacks, smart contract flaws, and cryptocurrency mining without consent.</li></ul>

Blockchain and cyber security

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