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- ADD_CHAIN138_TO_LEDGER_LIVE: Ledger form done; public code review repo bis-innovations/LedgerLive; init/push commands - CONTRACT_DEPLOYMENT_RUNBOOK: Chain 138 gas price 1 gwei, 36-addr check, TransactionMirror workaround - CONTRACT_*: AddressMapper, MirrorManager deployed 2026-02-12; 36-address on-chain check - NEXT_STEPS_FOR_YOU: Ledger done; steps completable now (no LAN); run-completable-tasks-from-anywhere - MASTER_INDEX, OPERATOR_OPTIONAL, SMART_CONTRACTS_INVENTORY_SIMPLE: updates - LEDGER_BLOCKCHAIN_INTEGRATION_COMPLETE: bis-innovations/LedgerLive reference Co-authored-by: Cursor <cursoragent@cursor.com>
137 lines
2.8 KiB
Markdown
137 lines
2.8 KiB
Markdown
# Risk Assessment Framework
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**Last Updated:** 2026-01-31
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**Document Version:** 1.0
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**Status:** Active Documentation
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---
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**Purpose**: Framework for identifying, assessing, and mitigating risks in bridge operations
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---
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## 🎯 Risk Categories
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### 1. Technical Risks
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#### Smart Contract Risks
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- **Risk**: Contract bugs or vulnerabilities
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- **Impact**: High
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- **Probability**: Low
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- **Mitigation**:
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- Comprehensive testing
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- Code audits
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- Gradual rollout
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#### Network Risks
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- **Risk**: RPC outages or network issues
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- **Impact**: Medium
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- **Probability**: Medium
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- **Mitigation**:
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- Multiple RPC providers
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- Failover mechanisms
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- Monitoring and alerts
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---
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### 2. Operational Risks
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#### Key Management Risks
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- **Risk**: Private key compromise
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- **Impact**: Critical
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- **Probability**: Low
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- **Mitigation**:
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- Hardware wallets
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- Multi-sig wallets
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- Secure key storage
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#### Human Error
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- **Risk**: Configuration mistakes
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- **Impact**: Medium
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- **Probability**: Medium
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- **Mitigation**:
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- Automation
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- Testing procedures
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- Documentation
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---
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### 3. Financial Risks
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#### Gas Price Volatility
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- **Risk**: High gas costs
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- **Impact**: Medium
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- **Probability**: Medium
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- **Mitigation**:
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- Dynamic gas pricing
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- Gas optimization
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- Fee estimation
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#### Balance Issues
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- **Risk**: Insufficient funds
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- **Impact**: High
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- **Probability**: Low
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- **Mitigation**:
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- Balance monitoring
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- Automated alerts
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- Reserve funds
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---
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### 4. Security Risks
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#### Unauthorized Access
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- **Risk**: Security breach
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- **Impact**: Critical
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- **Probability**: Low
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- **Mitigation**:
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- Access control
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- Monitoring
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- Incident response
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---
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## 📊 Risk Register
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| Risk | Category | Impact | Probability | Mitigation Status |
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|------|----------|--------|-------------|-------------------|
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| Contract bugs | Technical | High | Low | ✅ Tested |
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| RPC outages | Technical | Medium | Medium | ✅ Failover |
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| Key compromise | Operational | Critical | Low | ⚠️ Multi-sig recommended |
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| Gas volatility | Financial | Medium | Medium | ✅ Dynamic pricing |
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| Balance issues | Financial | High | Low | ✅ Monitoring |
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| Unauthorized access | Security | Critical | Low | ✅ Access control |
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---
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## 🔄 Risk Review Process
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### Weekly Review
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- Review recent incidents
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- Update risk register
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- Assess new risks
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### Monthly Review
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- Comprehensive risk assessment
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- Review mitigation effectiveness
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- Update procedures
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### Quarterly Review
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- Full risk audit
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- Review all categories
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- Update framework
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---
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## 🛡️ Risk Mitigation Strategies
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1. **Prevention**: Prevent risks through testing and security
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2. **Detection**: Early detection through monitoring
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3. **Response**: Quick response through automation
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4. **Recovery**: Fast recovery through procedures
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---
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**Last Updated**: $(date)
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