Five Things You Probably Didn’t Know About Cybersecurity On The Blockchain

Blockchain technology, or distributed ledger technology (DLT), as it is alternatively often called, is one of the hottest topics in the technology sector as of now. A blockchain is a specific type of distributed ledger that stores data in blocks that are linked together via a cryptographic signature function.

This, in short, works by always using the signature of the last block plus the data of the current block to sign the current block. Given enough computing power behind creating the hash signatures for new blocks, a process that is known as mining (PoW), the resulting public ledger is virtually unmodifiable for malicious actors, commending itself for applications that rely on mutual trust where trust cannot be easily applied.

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Super-human data processing might hold good and bad in store for the cybersecurity field

Within the ongoing arms race in the perimeter of information security, artificial intelligence and machine learning are two of the most promising innovations.

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While AI in common „personal assistants“, like those developed by Amazon, Alibaba and Google has recently reached levels at which it can convincingly make phone calls on behalf of their users, the capabilities of AI in the hands of defenders, as well as attackers, will likely evolve from buzzword to technology of significant importance over the next years.

On the defensive side, artificial intelligence powered intrusion detection will deliver the ability to pick up on anomalies within an organizations network or perimeters and raise alerts or even countermeasures much quicker than would be possible for any human security team. AI technologies supreme and literally superhumanly quick pattern recognition capabilities enable it to consistently collect intelligence regarding new threats, attempted attacks, acceptable user behaviour and constantly evolve its knowledge.   This does allow AI-powered intrusion detection mechanism to find the proverbial needle in the haystack (and react to it) much faster and more concise than classical signature-based intrusion detection systems or a human security analyst.

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Azure Security Center is a cybersecurity solution that leverages artificial intelligence and machine learning integrating with the organization’s digital estate.

This does have a flip-side, of course: The same AI capabilities could be used to learn about specific defences and normal user behaviour pattern in an organization and mask the malicious behaviour so it will not be recognized by classical intrusion detection systems or human onlookers.

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