Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Risk Management

MITRE Unveils AADAPT Framework to Tackle Cryptocurrency Threats 

The MITRE AADAPT framework provides documentation for identifying, investigating, and responding to weaknesses in digital asset payments.

MITRE

The non-profit MITRE Corporation on Monday released Adversarial Actions in Digital Asset Payment Technologies (AADAPT), a cybersecurity framework designed to help the industry tackle weaknesses in cryptocurrency and other digital financial systems.

Modeled after the MITRE ATT&CK framework, AADAPT delivers a structured methodology that developers, financial organizations, and policymakers can use to find, investigate, and address risks in digital asset payments.

Insights that more than 150 sources from academia, government, and industry provided on real-world attacks on digital currencies and related technologies were used to create a playbook of adversarial TTPs linked to digital asset payment technologies.

The increased use of cryptocurrency has led to the emergence of sophisticated threats, such as phishing schemes, ransomware campaigns, and double-spending attacks, often with severe impact on organizations that lack cybersecurity resources, such as local governments and municipalities.

AADAPT is meant to help them enhance their stance through practical guidance and tools that specifically cover this financial market segment.

According to MITRE, AADAPT was founded on an in-depth review of underlying technologies such as smart contracts, distributed ledger technology (DLT) systems, consensus algorithms, and quantum computing, along with vulnerabilities and credible attack methods.

Advertisement. Scroll to continue reading.

The tool supports critical use cases to help develop analytics for emulating threats, create detection techniques, compare insights, and assess security capabilities to prioritize decisions, essentially assisting stakeholders in adopting best practices.

“Digital payment assets like cryptocurrency are set to transform the future of global finance, but their security challenges cannot be ignored. With AADAPT, MITRE is empowering stakeholders to adopt robust security measures that not only safeguard their assets but also build trust across the ecosystem,” MITRE VP Wen Masters said.

Related: MITRE Publishes Post-Quantum Cryptography Migration Roadmap

Related: In Other News: Prison for Disney Hacker, MITRE ATT&CK v17, Massive DDoS Botnet

Related: MITRE CVE Program Gets Last-Hour Funding Reprieve

Related: MITRE Updates List of 25 Most Dangerous Software Vulnerabilities

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing for the latest cybersecurity threats, trends, and expert insights.

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Delve into big-picture strategies to reduce attack surfaces, improve patch management, conduct post-incident forensics, and tools and tricks needed in a modern organization.

Register

Organizations are investing heavily in third-party risk management, but breaches, delays, and blind spots continue to persist. Join this live webinar as we examine the gap between how organizations think their third-party risk programs are performing and what’s actually happening in practice.

Register

People on the Move

Rapid7 announced that Wael Mohamed will assume the role of Chief Executive Officer, replacing current Chief Executive Officer Corey Thomas, who will become Executive Chairman of the Board.

Anurag Jain has been appointed Senior Vice President of Engineering at CodeHunter.

CTERA has appointed Tal Sarfaty as Senior Vice President of Cybersecurity.

More People On The Move

Expert Insights

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest cybersecurity news, threats, and expert insights. Unsubscribe at any time.