Why is the blockchain transaction framework becoming the future of cybersecurity?
Because Blockchain is the most secure framework in the world! Being safe is everything!
Once we get rid of fiat currency and go 100% digital, the blockchain will protect our transactions by designing its own global ledger. Our funds will remain safely inside our digital wallets. Even ATMs in the corner will take out bitcoins. Too good to be true? It depends on how many people will become experts in blockchain technology and quantum computing.
Will we face a quantum threat in the future, yes?
Will a quantum attacker be powered by AI deep learning membranes that eat machine learning algorithms for breakfast? definitely. Yes, until that happens, we will have real-world, real-world problems with core cybersecurity issues that still need to be resolved.
Organizations today still have a huge problem with phishing attacks, ransomware, account takeaways, and social engineering. Will Blockchain and Quantum Computing Solve These Problems? Mostly not.
Consider other emerging technologies that have entered the enterprise market with tremendous potential, yet few have witnessed the greatness of these capabilities.
- Powerful IBM Watson Supercomputer – Please Go Ahead and Get Recognized!
- Artificial Intelligence and Machine Learning for Cyber Security – Go Ahead, Please and Appreciate the Crowd!
While I seem to be making fun of these emerging technologies, let’s think for a moment what these stand for. Both represent an opportunity to provide massive cloud computing with the ability to process massive amounts of data and use the output to help make innovative and intelligent decisions.
However, how many people in your organization are certified by IBM Watson? How many organizations can afford IBM Watson as a managed platform or service? Yes, oil drilling, military, government, and financial systems can all use Watson’s logic and computing power, but what about everyone else who deals with ransomware and phishing attacks every day?
As for AI and machine learning, many cybersecurity products, including vendors launching their own XDR story, have all of these functionality within their products. Do they help their clients? Yes, as long as you get a lot of data on it and let it process, there is a lot of value.
What do you do with the rest of the unwanted data?
Without the need for hundreds of billions of dollars of processing power and computing power with no ROI for AI and machine learning or the hope that Watson, with its powerful computers, will invest its hard-earned capital in data recycling engineers first as a means of reducing their attack surfaces .
Getting rid of 10 GB mailboxes, unlimited storage in their dropboxes, and a single drive is an excellent place to reduce the threat. Enabling DLP and encryption on every outgoing email would be a great place to help stop data mining.
Focus on the simple things first. State that you are ready for Blockchain and Quantum Computing; The organization needs smart people. Well, wait a moment:
A- It can be done
Are you looking forward to Blockchain Technology and Quantum Mechanics or even Artificial Intelligence and Machine Learning?
I can’t believe it 🙂
Similar to Pacific-sized floating plastic debris, we unfortunately produce a lot of things in the world. Non-recyclable plastic bottles, terabytes of data placed inside in-company data buried between publicly used tapes. This “excessive” data generation with lack of management leads to the need for a blockchain architecture with the bewildering need for quantum computing resources in every cloud service provider.
Just for a moment, what if an organization, through data retention, cleared the junk and digital mountain of data and kept only what was needed to operate and operate? This reduces many attack surfaces in the organization. Yes, I know that due to compliance mandates, many records must be kept (not necessarily accessed) for up to seven to ten years.
However, we plan to generate more data, process more IoT devices, and try to create smart cities by connecting the car to the streetlight through a very secure 5G and 6G network. And after the first big crash, the need to capture all sources of data logs will increase the need for more compute, processing, and security. Hence, the course that leads us to Blockchain and Quantum Computing.
Although it appears that both will be needed in the future, that does not mean that these emerging technologies are designed to work together. (hint: one will break the other)
Be smart about it 🙂
All the best,