Solana Expands Security Framework After Major Defi Breach

(MENAFN- Crypto Breaking) STRIDE Introduces Structured Security Evaluation

Solana traded near $180 during the announcement period, reflecting stable market conditions despite recent events. The foundation launched STRIDE to standardize how protocols assess and manage risks. The framework focuses on eight areas, including governance, infrastructure, and operational security.

The program evaluates protocols independently and publishes the results for public access. This approach improves transparency for users interacting with decentralized applications. It also helps projects identify weaknesses and strengthen their defenses.

Protocols exceeding $10 million in total value locked can access funded monitoring services. Those above $100 million gain support for formal verification of smart contracts. These measures aim to reduce risks before incidents occur.

SIRN Focuses on Real-Time Threat Response

Solana introduced the Solana Incident Response Network to coordinate responses during active threats. The network includes firms such as Asymmetric Research, OtterSec, and Neodyme. It enables members to share intelligence and act quickly during security events.

The network prioritizes access based on protocol size and risk exposure. It connects security experts, exchanges, and infrastructure providers. This coordination improves reaction time when incidents emerge.

Experts noted that faster response could limit damage during exploits. Some analysts pointed to delays in freezing stolen assets in past incidents. A unified response network may help address such gaps.

Drift Exploit Highlights Human Security Risks

The recent breach at Drift Protocol exposed weaknesses beyond smart contract code. Attackers used social engineering to target contributors over several months. They compromised devices and gained approval access through trusted channels.

The attack bypassed traditional audits and monitoring systems. Transactions appeared valid, which made detection difficult in real time. This case highlighted the gap between technical security and human trust.

As a result, the new initiatives aim to address both onchain and offchain risks. The foundation emphasized that projects must still maintain strong internal security practices. It stated that ecosystem tools support, but do not replace, team responsibility.

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