block-chain cybersecurity

How Blockchain Cyber Security Acts Against Potential Threats

Cybersecurity is a major concern for those dependent on technology. Due to the advancement of technological devices, a majority of our work is conducted and stored in virtual mediums. The huge amass of information and data has become vulnerable and an object of exploitation.

Cyber security systems have been generated and upgraded to fight against cyber threats. But just as our defenses become strong, so do the hackers. They end up finding new and advanced ways to invade the system and steal important data from millions of sources. Once the data is exploited, it only takes seconds for high ranked prospering businesses to plummet to the ground.

Yet, there’s still a long way to improve online security and avoid cyber threats across industries. Devising more upgraded methods can help prevent these cyber threats – a better chance to defend our business effectively. One of the advanced methods that holds promise for security is Blockchain technology.

 Blockchain Technology – How it’s Done

Before we delve into how this technology works, we must first understand what a blockchain is. Basically, it is a system of distributed networks which keeps a record of all the data added by every user that is linked through cryptography.

These transaction blocks are verified, sorted out and then are added to the chains which are maintained across several computers. There are specific groups of people who are allowed to amend any information of these blocks and make sure they aren’t tampered.

Blockchains too, are vulnerable to cyber-attacks due to human error, which is not a form of a solidified defense. Hackers steal login credentials from cryptocurrency trading exchange sources. They use those credentials to alter the blockchains by sending bitcoins to multiple accounts.

By ensuring thorough record-keeping, the blocks can easily detect false data. This is why blockchain cybersecurity has been upgraded and has proved to be highly effective in preventing corruption and damage.

How Blockchain Fixes Security Issues

Here are some ways to determine blockchain potential in fixing security threats.

block-chain cybersecurity safety

 Getting Rid of Human Error

As block chains initially required a password to transact various amounts of data, the user login had some loopholes that led to security breaches, giving way to potential hackers to obtain an easy win.

Now, with a bit of more advancement to the blockchains entry points, businesses don’t need a password system – they can now use authentic devices instead. Rather than a password, each of these devices is now provided with a specific SSL certificate for any work or issues regarding blockchain cybersecurity.

This way, human error is removed and is now replaced with a stronger line of defense against blockchain cybersecurity threats.

 Trouble Can Be Traced

If there is a malfunction or any indication of an unauthorized user trying to hack the blockchain system, the entire system will be alerted.

After that, it is up to the IT forensics team to monitor the blockchain to see where the tampering took place. Despite the blockchain having anonymous users, every transaction needs to be confirmed and sorted out, which leaves behind traces due to the timestamp and digital signature of anyone who logged into the system.

The block that has been tempered will stand apart from the rest, making it easier for the experts to altered it correctly or remove it entirely from the system.

 Dividing and Spreading the Data

As we mentioned before, there is no end to cybersecurity. The more ways we find to tackle the loopholes; the more alternatives they find to attack again. So what can you do to avoid your precious data from being hacked?

There is actually a way you can save your data that doesn’t have strong defenses. If you are worried about a cybersecurity breach, you can scatter your data to different parts of the World Wide Web.

Some companies have extremely important and sensitive data that they can’t even trust their cyber security protocols to protect it. Under such circumstances, you can divide your data in four categorized blockchains and have them sent to different areas under surveillance of a different branch head.

In order to disrupt the blockchain, the hacker would have to destroy information stored in each computer (there are millions of computers used for the global network). So unless, the hacker brings down the entire network – which is an impossible task – your data is secure. Thus, it is indeed a complex structure technology.

The number of blockchains you have distributed is known only to you. The hackers are less likely to attack if they don’t know the exact locations as well as how many block chains you have distributed around the web. If one of your blockchains is breached, you will have enough time to change the location of the others to ensure data protection.

Security and Privacy in Cloud Computing – Why It Matters

Posted By: seo_admin - Apr 18th 2019

Have you ever wondered how convenient it is to use apps like Facebook, WhatsApp, Instagram and various other kinds of applications in your daily life? They are easy to access, easy to use and available through technologic mediums. The reason why these apps are so efficient is because they have been available to you via

Read More

Major Security Pitfalls in Cloud Service Security

Posted By: seo_admin - Apr 4th 2019

You wouldn’t believe that more than 3 quarter of the world’s businesses have started operating on cloud. This should not come as a surprise as there are many benefits linked with switching to Cloud Service Security. Due to huge amounts of the workload in large enterprises, transition to cloud lowers fixed costs, ensures higher flexibility,

Read More

Here’s What Cyber security Encryption Means To A Small Business

Posted By: seo_admin - Mar 28th 2019

In the present age, cybersecurity has been a massively growing concern. Whether you have a website, online accounts, or any other form of web-based infrastructure, you are at risk for a cyber attack. Encryption is the art of encoding the data in a manner that strangers couldn’t possibly read and understand. The way it works

Read More

The Rise in Concern about Security Breaches in The Healthcare

Posted By: seo_admin - Mar 21st 2019

Security breaches in the healthcare industry are at an all-time high. It has created a new wave of investment and a demand for the expertise that can effectively combat the modern day hacker and their cunning tactics. The top three breaches of data security in the healthcare industry occurred where cybercriminals benefited from identity theft

Read More

How Secure Is Google Drive – Data Safety Matters!

Posted By: seo_admin - Mar 14th 2019

In 2018, Google announced that the number of daily active users on Drive had reached over 800million while there were around 2trillion files being stored. Even though Google Drive is immensely popular, there is no guarantee that it is completely safe. If you have been wondering about switching to Google Drive, but are not sure

Read More