Challenges faced by the cybersecurity industry
Single entry points
Large amounts of data located in a single database are a particularly valuable asset and relatively easy prey for hackers, seeking to gain control of systems by hacking or social engineering.
With the growing number of IoT data thefts and breaches, 93% of customers are ready to make significant investments to get more advanced IoT security tools (as per Bain & Co).
DNS centralization accelerates networks but reduces the number of servers in use, leaving them vulnerable to DDoS and other DNS attacks and causing brand loyalty loss for businesses.
Insecure private messaging
Many private messaging services are not private at all; when message contents are visible to service providers, companies can be in breach of regulatory data protection requirements.
The AV-TEST institute reports 350,000 new malware threats emerging every day, most of which are software updates and downloads.
According to Cox BLUE, for the last three years, the number of sophisticated DDoS attacks increased more than 2.5 times. In 2017, TechRepublic found that the number of DDoS hack attempts grew by 91%.
Yubico reports that 57% of US companies expressed concern about password-required logins, while individual users frequently use easily-broken passwords.
The security dilemma
Organizations must choose between low-sensitivity security monitoring and over-responsive systems; many find themselves with both, relying on systems that block only half of threats, yet typically generate false-positive rates.
Intellectual property loss
The Commission on the Theft of American Intellectual Property reports that IP losses cost US businesses up to $600bn annually, much of which can be attributed to technological vulnerability.
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Blockchain solutions for cybersecurity from Aetsoft
Blockchain decentralizes security, eliminating data concentrations in single points of entry and making every action by every user account traceable to harden traditional hacking attacks.
Protected, automated IoT
Make decisions over IoT data usage in complete democracy, with all data constantly visible, via blockchain-based consensus algorithms. Automate activities between devices with self-executing smart contracts.
Operate secure, encrypted and highly-decentralized DNS systems on failure-proof blockchain technology with safety ensured by self-executing immutable smart contracts and audit trails.
Instead of low-compliance, ineffective password protocols, blockchain offers more advanced protection tools, including private cryptographic keys, biometric data, and multisig authentication for each user.
Unified, secure communication
Blockchain provides a unified infrastructure for truly private and secure cross-messenger communications, where cryptographically-protected data access protocols are distributed among network participants.
Blockchain records immutable audit trails of every hardware asset back to its manufacturing and across the entire transportation process, guaranteeing complete provenance tracking.
Achieve load balancing with self-correcting blockchain networks that allow smart contract-facilitated bandwidth purchase and autonomously prevent overload and other consequences of DDoS attacks.
Assign unique hashes to software instances, enabling instant reliable verification and reducing the risk of malware downloads.
Сybersecurity areas blockchain can improve
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