Forcepoint CTO: Blockchain can and will get hacked

0

At a glance you could see blockchain as an immutable harbinger of industrial disruption, offering impregnable security and the promise of streamlined processes. While blockchain is certain to have a big impact on the way we do things, it is not impervious to the evolving threat landscape.

Entering 2018, all eyes are on the distributed ledger technology that is known widely as the driving force behind cryptocurrencies and bitcoin in particular. Industry giants including IBM and JPMorgan are working tirelessly to implement use cases for the technology and it feels as though we could be on the cusp of a period in which tests and projects finally become reality.

While your blockchain excitement is not misplaced, it is important to remember that hackers are able to challenge and breach the encryption and algorithms that make blockchain what it is.

Read full news article on CBR – CyberSecurity News