Blockchain and Cybersecurity
An assessment of the security of blockchain technology
No cyber defense or information system can be regarded as 100% secure. What is deemed safe today won’t be tomorrow given the lucrative nature of cybercrime and the criminal’s ingenuity to seek new methods of attack.
Blockchain is gaining traction today, but critics who question the scalability, security, and sustainability of the technology remain. Although some of blockchains underlying capabilities provide data confidentiality, integrity and availability, just like other systems, cyber security controls and standards need to be adopted for organizations using blockchains in order to protect their organizations from external attacks.
The collaborative point of view from Deloitte member firms across the globe , "Blockchain and Cybersecurity. Let's Discuss", assesses specifically the security of blockchain technology.