Blockchain in cyber security

APPLICATION OF
BLOCKCHAIN IN CYBER
SECURITY
Name- Prateek Panda
Class- MTech(CSE)

CONTENTS:
o Introduction
o Blockchain In Cyber Security
o Types of Cyber Security
o Major Cyber Attacks
o How Blockchain Will Transform Cyber Security?
o Application Of Blockchain In Cyber Security
o Advantages of Blockchain in Cyber Security
o Future of Blockchain-based Cyber Security
o Conclusion
09-10-2020
Prateek Panda/Cyber Security in Blockchain
2

INTRODUCTION
• As the world goes online and people relays on the
Internet for their routine processes and habits, it is
essential to maintain the security of online data.
Blockchain, a notable buzzword of recent days has
taken charges to secure online data.
• Once blockchain technology has been introduced,
the focus is on the fulfilment of the information
security properties it provides. Focusing on data
integrity, blockchain ledger is immutable.
09-10-2020Prateek Panda/Cyber Security in Blockchain 3

BLOCKCHAIN IN CYBER SECURITY
• Blockchain is a booming technology that
boosts every business and industry verticals.
As the count of cybercriminals increases
complex and are endlessly trying to steal
valuable data like financial data, health
records, intellectual property, and personal
identifiable information.

TYPES OF CYBER SECURITY
• Basically the major types of cyber security involve the following :
1. Cloud security
2. Application security
3. Critical infrastructure security
4. Internet of things (IoT) security
5. Network security .

MAJOR CYBER ATTACKS
• The most common types of cyber attacks that happen often are as follows:
1. Phishing attacks
2. Cross-site scripting (XSS) attack
3. Denial-of-service (DoS) and distributed denial-of- service (DDoS) attacks .

HOW BLOCKCHAIN WILL TRANSFORM CYBER
SECURITY?
These are the following application by which block chain transfer Cyber Security.
They are as Follows:
09-10-2020Prateek Panda/Cyber Security in Blockchain
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APPLICATION OF BLOCKCHAIN IN CYBER
SECURITY
1. A Decentralized Storage Medium :
As we people move faster with online, it is very necessary to make a safer
environment for all the personal information that we share on a medium
(computer or internet ). Most of the business still use a centralized medium
for its data storage, which makes it easier for hackers to reach data for stealing.
Since Blockchain-based decentralized storage medium can prevent business
data theft and hacks.

CONTINUE….
2. Security in DNS :
Most of the DNS is centralized and hackers can break the connections between
a domain name and IP address and can also make the website unavailable.
Hackers in recent days try to pair DNS attacks with DDoS attacks to render
websites unusable for a certain period of time.
Using blockchain technology can make it difficult for hackers as your data or
information are stored immutable on a decentralized, distributed ledger and
immutable smart contracts are present to power connections.

CONTINUE….
3. Securing Edge Devices via Identity Authentication:
Edge devices present especially vulnerable access points into core networks.
One example is an employee who logs into their company’s servers via their
own unsecured phone. For a hacker, penetrating an entire network through a
blatant vulnerability via an edge device is like taking candy from a baby.
Ensuring that these devices, as well as the core network itself, are insulated
with multi-step authentication processes and blockchain-level, decentralized
threat mitigation protocols is the first step in patching some of the most
obvious network entry points that hackers could exploit.

ADVANTAGES OF BLOCKCHAIN IN CYBER
SECURITY
• Let me list a lot more benefits of using blockchain technology to prevent cyber
attacks/crime.
1. Distribution of Public Key and Multi-Signature Logins.
2. Provides Decentralizing Data Storage that Removes Honey Pot.
3. Mitigating Denial-of-Service (DDoS) Attacks.
4. Easy Verification of the Validity of Software Downloads / Updates.
5. Provenance for Computer Hardware for Prevention of Foreign Intrusion.

FUTURE OF BLOCKCHAIN-BASED CYBER
SECURITY
• Blockchain technology can be utilized to prevent any type of data breaches, identity
thefts, cyber-attacks or false transactions ensuring data privacy and security.
• As days pass, the rate of Cybercriminals is raising which In turns create jobs for
security professionals over the next few years. It is the blockchain technology that
tends to be the saviour of data security.
• Cyber Security will be boosted double the amount of cybercriminals rate, only when
blockchain technology has been used as a medium of data storage.

CONCLUSION
• Blockchain technology is a
breakthrough in cyber security,
as it can ensure the highest level of
data confidentiality, availability,
and security. However, the
complexity of the technology may
cause difficulties with development
and real-world use.

09-10-2020Prateek Panda/Cyber Security in Blockchain

Blockchain in cyber security

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