These answers are provided by our Community. If you find them useful, show some love by clicking the heart. If you run into issues leave a comment, or add your own answer to help others.
As I understand it, this issue can only be exploited with physical access to the machine. Since your droplets are only accessible in this fashion via the control panel’s console access when you are already authenticated on your DigitalOcean account it should not be a concern.
From my reading of the available fixes for this vulnerability, adding the panic option to your boot string should resolve it in any case.
The developer cloud
Scale up as you grow — whether you're running one virtual machine or ten thousand.
From GPU-powered inference and Kubernetes to managed databases and storage, get everything you need to build, scale, and deploy intelligent applications.