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SecureDapp launches SecureWatch to tackle cyber threats in blockchain

By Gloria Mathias

October 29, 2024

  • Blockchain Technology
  • Decentralised Finance
  • DeFi
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SecureDapp, a blockchain security platform, has launched SecureWatch, a real-time threat detection and mitigation tool designed to protect industries leveraging blockchain technology, at IIT Kanpur’s C3iHub’s Conference on Emerging Trends in Cybersecurity.

With a focus on safeguarding critical digital assets, SecureWatch aims to provide security solutions for sectors including financial services, supply chains, healthcare, insurance, real estate, and government, addressing the rising cybersecurity challenges of today’s digital world.

The blockchain industry has seen substantial growth, expanding by 47.1% over the past four years and is projected to grow at a compound annual growth rate (CAGR) of 87.7% by 2030. In light of this rapid expansion, the need for effective cybersecurity solutions has become more urgent than ever. With more companies entering the space, cyberattacks are becoming increasingly frequent.

Recognising the urgency of these evolving threats, SecureDapp has introduced SecureWatch as a proactive solution designed to fortify defences against these challenges. This platform offers real-time threat detection and automated incident response and features customisable security profiles, enabling businesses to tailor their protection strategies according to specific needs. By providing adaptive security measures, SecureWatch empowers organisations to remain vigilant and one step ahead of cybercriminals.

Himanshu Gautam, Co-Founder & CTO of SecureDApp, said, “With the launch of SecureWatch, we are redefining security for decentralised applications in a rapidly evolving blockchain landscape. As technology advances, so do the threats it faces, and SecureWatch is built to stay ahead of these challenges. Our commitment is to deliver cutting-edge, robust cybersecurity solutions that protect digital assets and foster trust in the decentralised future.”

Furthermore, the tool empowers DApp owners to protect their investments by directly confronting these security challenges. With the ongoing rise of decentralised finance (DeFi) and blockchain adoption, the associated risks for decentralised applications (DApps) are also growing.

Abhishek Singh, Co-Founder of SecureDApp, added, “With SecureWatch, we are bringing an indigenous solution to the global challenge of blockchain security. Our platform provides real-time monitoring to safeguard digital assets, enabling businesses to grow with confidence and trust in the decentralised ecosystem.”

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