Cybersecurity has undergone many changes over the years, and it will continue to do so in the future. One of the most important developments has been blockchain technology, bringing numerous improvements to the security field thanks to its multiple functions and capabilities.
Experts predict that blockchain will be part of every significant cybersecurity initiative by 2021, transforming the entire industry in ways we cannot fully comprehend. We can use Connectwise blockchain technology in many different ways, but we’ll focus on how it can change the cyber security landscape in this article.
Blockchain – What is It?
This is a public ledger of all cryptocurrency transactions. From a user perspective, Bitcoin works like any other online payment system. The only difference is that it uses a decentralized network of computers to verify transactions in real-time and store information about these exchanges. No central authority or institution (like an individual bank) can control your money and process your payments.
Decentralized Storage Solutions
Reliable Decentralized systems don’t rely on a single node for storing or processing information. This adds an extra layer of protection that centralized servers can’t offer. It also prevents any outage in one area from affecting other sections. For example, no single user has complete control over data; they must work with others to make changes, making it more difficult for hackers to access sensitive information.
When it comes to cyber security software, there are four main areas where businesses and governments must pay attention: applications, data, devices, and infrastructure. Identifying these different points of attack helps businesses protect themselves against possible attacks. Therefore, the first step in cybersecurity is to prevent unauthorized access to devices and systems.
An Internet of Things (IoT) botnet, also known as a zombie army or bot army, refers to a collection of internet-connected devices infected with malware and controlled as a group without their owners’ knowledge. This could include everything from compromised routers to smart TVs. Cybercriminals can use these compromised devices to mount attacks on other websites or networks.
Secure DNS networks to build trust and secure digital transactions. The DNS system has evolved in response to a continuously growing worldwide web that requires security at every level. In addition, it facilitates secure online exchanges between users and service providers, providing a way for browsers to find information on websites to access certain services or files.
Secure DNS systems also make it impossible for hackers or anyone else who wants to steal data or illegally access websites and other internet-connected programs such as email servers and applications.
Prevent Foreign Intrusion
The software provider can publish hashes for all files in a blockchain and verify each download to match its reference hash. If any tampering or changes are detected, that file version could be flagged as suspect and removed from future downloads. In addition, using blockchain, software providers can also store metadata along with their hashes; this includes an additional layer of information such as who developed a file or where it came from.
Protect Data Transmission
Blockchain technology has introduced public and private key encryption, so when businesses exchange information on a blockchain, they can do so confidentially. Also, data transmitted over a blockchain exists as a block and is unalterable once added to the chain.
Since there are multiple copies of each block on every computer in a distributed network and all blocks are created simultaneously, records cannot be deleted or altered—at least not without alerting everyone else in real-time.
Cybersecurity changed dramatically over recent years and will continue to grow in a big way. The rise of blockchain technology could be exactly what is needed to address some of these growing pains, making cybersecurity better and more affordable.