Thursday, June 4, 2020

Making Blockchain More Secure

After working closely with CompTIA’s Blockchain Advisory Council and other committees, I’ve concluded that the organizations that do well will follow the principles and procedures outlined in the following documents:
Harnessing the Blockchain Revolution
Building a Culture of Cybersecurity: A Guide for Corporate Executives and Board Members

In addition to the above white papers, we’ve been having deep conversations with blockchain implementation specialists. At RSA 2018, I discussed blockchain with more than 100 cybersecurity experts, and we outlined several concerns, many of which have been borne out by the Ethereum Classic attack.
A Blockchain Manifesto? A Report from the RSA 2018 Blockchain Focus Group

Finally, I spoke with two blockchain implementation experts from Dell and Microsoft during one of our IT Pro Webinars in 2018.
Blockchain: Separating the Hype from the Reality

I’m certain that we’ll see quite a few more setbacks, stutter-steps and missteps as companies continue to implement public and blockchain solutions. We’ll also see more brilliant uses of it as things move forward.

One thing is for sure: The folks who get blockchain going properly will do so using properly trained technologists, and properly informed management. They’ll follow time-honored security procedures and many of the same solid IT management principles that allow companies to compete, as well as compute, securely. As long as they pay attention to the details and avoid hype-based thinking, they’ll be able to transform their companies as securely as possible.

If you’re interested in learning more, CCN.com offers a nice summary of its findings. Once you’ve read it, ask yourself a question: Does this really mean the end of blockchain, or is this just a problem with its implementation? And, also ask yourself, what can I do to learn more about properly implementing blockchain in the future?
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