1250x260_Light
1250x260

Blockchain & Cyber-Security, a Use Cases

Date:

Blockchain & Cyber-Security, a Use Cases when the Novel Coronavirus cases were rising, putting the world in a panic mode In the year 2020, the world witnesses how a pandemic can change the entire lives of people. When the Novel Coronavirus cases were rising, putting the world in a panic mode, hackers around the world were finding ways to take advantage of rising fear in the minds of people. Internet users witnessed a surge in COVID-19 related attacks and fraud schemes, including phishing emails specifically from the healthcare agencies including WHO, forged products offers and fake charity donation requests.

Blockchain & Cyber-Security, a Use Cases When the Novel Coronavirus cases were rising, putting the world in a panic mode

Viruses, malware, as well as DDoS unlike earlier times come in highly disguised ways and form. In the year 2019, Google’s Threat Analysis Group (TAG) tasked with protecting the company against cyber-attacks issued 40,000 warnings to the Google users. Under the pandemic the scam warnings tripled and one of the way hackers around the world were spamming people via fake emails. 

To be true, the Covid-19 isn’t the first time when cyber-criminals have taken advantage of such a situation and it surely won’t be the last. Enterprises, Governments as well as people at large aim to find solutions to safeguard sensitive data, information as well as protect people from falling prey to scams. 

Challenges faced under the cybersecurity which can be resolved by Blockchain

  1. Centralized data storage – As the data/information is all stored under a centralized medium which makes it susceptible to hackers. 
  2. Avoiding Data Theft – Data is the new gold and now when it is under threat, it becomes absolutely important for businesses as well as industries to prevent data theft. 
  3. False Data Entry Prevention – With the centralized storage comes another issue of falsifying identity. Hackers pretending to be the data owners enters and steal information/assets.
  4. Dos and DDoS attacks – Attacks like DoS and DDoS have given nightmares to the cybersecurity firms for years and saving data for such attacks becomes a tedious process. 
  5. Without Dedicated Server Apps – With dedicated serves, applications are vulnerable to cyber-attacks which at times cannot be stopped by the cyber security departments. 

Blockchain as a new technology has been adopted in every business and industry verticals. With these sectors facing increasing count of financial data, healthcare records, and intellectual property, and sensitive personal information. Blockchain as a potential enhancer of cyber-defense mechanism can safeguard against fraudulent activities with transparency, immutability, encryption, distributed ledgers as well as consensus mechanism.

Popular

Subscribe to our newsletter


Your emaill address should be use only for updating you on our articles, in the respect of the privacy law

Share post:

More like this
Related

Why Digital Real Estate is Not Just the Metaverse

From virtual reality, to transforming how we interact and communicate on social media, millions of people around the globe are flocking to the next "gold rush."

Now You Can Use NFTs to Purchase Real Estate

Virtual real estate refers to land or property that can be purchased within these environments or games. These digital environments, like the real world, are built with NFT houses, or you can invest in a single NFT apartment in an NFT building.

The Metaverse and Its Use Cases

The metaverse, like the real world, offers an experience to all of its users. While they do not correspond to real-world items, metaverses offer virtual experiences with a variety of items.

Leveraging Managed Services

MSPs are used as strategic partners to improve the operational efficiency of businesses of all sizes, from small and medium-sized (SMBs) to government agencies and nonprofit organizations.