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 phase out paper money and go 100% digital, the blockchain will protect our transactions with its global ledger design. Our money will stay safe in our digital wallets. Even corner ATMs will dispense bitcoins. Too good to be true? It depends on how many people will become experts in Blockchain and quantum computing.
Are we going to face a quantum threat in the future, yes?
Will the quantum attacker be powered by deep learning artificial intelligence membranes that eat machine learning algorithms for breakfast? Absolutely. Yes, until that happens we will have real-world reality issues with fundamental cybersecurity issues that still need to be resolved.
Organizations today still have a huge problem with phishing attacks, ransomware, takeaway accounts, and social engineering. Will blockchain and quantum computing solve these problems? Probably not.
Consider other emerging technologies that have come to the enterprise market with enormous potential, but few have seen the greatness of those capabilities.
- Powerful IBM Watson supercomputer — Thanks for stepping forward and being recognized!
- AI and ML for Cybersecurity — Please step forward and recognize the crowd!
While I seem to scoff at these emerging technologies, consider for a moment what they represent. Both represent an opportunity to deliver massive cloud computing with the ability to process large amounts of data and use the results to help make innovative and intelligent decisions.
Yet, how many people in your organization have been certified by IBM Watson? How many organizations could afford IBM Watson as a managed platform or service? Yes, oil exploration, military, government and financial systems could all use Watson’s logic and computing power, but what about anyone who deals with ransomware and phishing attacks on a daily basis? ?
For AI and ML, many cybersecurity products, including vendors launching their XDR story, have all of these features in their products. Are they helping their customers? Yes, as long as you throw a lot of data into it and let it process, there is tremendous value.
What do you do with the rest of the unwanted data?
Without the need for hundreds of billions of dollars for processing power and computing power with no return on investment for AI and ML or the hope that Watson, with its powerful computers, organizations would first have to invest their hard-earned capital in data recycling engineers as a way to reduce their attack surfaces.
Getting rid of 10GB mailboxes, unlimited storage in their dropboxes, and One-Drive is a great place to minimize the threat. Enabling DLP and encryption on every outgoing email would be a fantastic place to help stop data exfiltration.
Focus on the simple things first. Mention that you are ready for Blockchain and quantum computing; the organization needs smart people. Well, wait a moment:
Timed in T.
Are Blockchain technology and quantum mechanics or even AI and ML smart?
I don’t believe 🙂
Similar to the size of plastic debris floating in the Pacific Ocean, we unfortunately generate a lot of stuff in the world. Non-recyclable plastic bottles, terabytes of data stored in on-premises data buried among all the tapes used. This “excessive” data creation with lack of management drives the need for blockchain architecture with the confusing need for quantum computing resources in every cloud provider.
Just a moment, what if an organization, through data retention, erased the mountain of unused and unwanted digital data and retained only what is necessary to run and operate the business? This reduces several attack surfaces in the organization. Yes, I know that due to compliance mandates, many records need to be kept (not necessarily accessed) for seven to ten years.
Yet we plan to generate more data, process more IIoT devices, and attempt to create smart cities by interconnecting a car with street lights through a highly secure 5G and 6G network. And after the first major accident, the need to capture all data log sources will increase the need for more compute, processing, and security. Hence the course that leads us to Blockchain and quantum computing.
While it looks like both will be needed in the future, that doesn’t mean these emerging technologies are designed to work together. (hint: one will break the other)
Be smart about it 🙂
All my wishes,