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The Battle Against DDoS Attacks in Decentralized Finance
- The decentralized finance (DeFi) industry has become a prime target to Distributed Denial of Service (DDoS) attacks as they can cause more than minor nuisances
- DeFi protocols handle a lot of money, given its trustless, permissionless, and innovative nature, hence it attracts hackers
- Successful hacking attempts on a DeFi protocol lead users unable to track and access their funds
- DeFi platforms need to have robust DDoS defense systems to prevent devastating financial loss as a result of such attacks
- A multi-layered cybersecurity defense system is necessary for a DeFi protocol to build robust DDoS protection for a long-term approach
- Azerux is a cybersecurity company that offers a multi-layered DDoS protection, network-level mitigation, application-level protection, real-time monitoring/response, and proactive threat intelligence
- The demand for DeFi shows it holds a worth of tens of billions of dollars, but it is prone to attacks, and cybersecurity attention is critical to its success
- DeFi is still an emerging field with the potential to become a trillion-dollar industry, and security systems like Azerux's are essential for mitigating future attacks
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