Blockchain Application Security

Appendix FRisks Mitigation Plan

F.1   Objective

The risk mitigation plan aims to systematically address the identified risks in the decentralized finance (DeFi) lending and borrowing dApp by implementing a combination of technical controls, procedural measures, and security best practices. The plan is designed to prioritize high-risk vulnerabilities, align security measures with organizational objectives and compliance requirements, and provide a clear roadmap with timelines, milestones, resource allocations, and responsibilities.

F.2   Risk Mitigation Strategy

Each threat scenario is mitigated through targeted risk reduction measures. To ensure accountability, each risk mitigation action must have a designated owner responsible for its implementation and execution. Ownership of these actions is essential, as it establishes clear accountability and ensures progress is measured against project timelines.

Additionally, within the project timelines, a vulnerability risk remediation SLA (service level agreement) is integrated as a mandatory requirement, defining the time frame within which identified risks must be addressed to maintain security and compliance standards.

Threat scenario	Key risks (OWASP assessment)	Mitigation measures	Owner(s)	Priority	Project timeline (within SLA compliance)
TS1 – mobile/UI security risks	Improper authentication, exposure of private data, unmaintained components	Implement MFA, encrypt sensitive data, regularly audit and update third-party libraries ...