Blockchain and its Impact on Cyber Security Companies in India

 

Blockchain is one of the most in-demand technologies of the decade. It has achieved its fame because of the widespread popularity of cryptocurrency. Aside from blockchain being incorporated into cryptocurrency, it has proven to be a great asset to Cyber Security Companies in India.

Blockchain Implementation in Cyber Security

More people are using the internet and technology, which is growing and evolving rapidly. As a result, more data is produced, and more hackers try to steal or corrupt that data. Blockchain technology is adaptable and incredibly beneficial for the future of the internet since it enables users to encrypt their data more effectively. Beyond cryptocurrencies, new applications for blockchain technology are already emerging. These applications can be beneficial in enhancing cybersecurity. Implementing a blockchain will make it easier to prevent many dangers and attacks on a system and could prevent information from being stolen or destroyed. The following are some of the things that blockchain will make possible:

I. Blockchain technology can help prevent data fraud and theft.

By avoiding potential fraud and lowering the likelihood that data would be hacked or stolen, blockchain technology offers one of the finest defenses against hackers. A hacker would need to delete all the data from every user's computer in the worldwide network to destroy or alter the blockchain. Millions of computers could be involved, each holding a copy of some or all of the data. Due to the difficulty needed to break into a more extensive blockchain network with more users, there is a far lesser chance of a hacker assault.

II. DDOS (Distributed Denial of Service) Attack Prevention:

Hackers can use various methods to launch an attack, but the most popular one is flooding the system with requests and packets until it can no longer handle them, causing the system to crash or fail. DDoS attacks have become increasingly frequent recently and harm major businesses like Twitter, Spotify, SoundCloud, and others. The current Domain Name System makes it harder to avoid DDoS attacks (DNS). Because hackers can still target the centralized element of DNS and keep disrupting websites because it is still partially decentralized, it is still susceptible to attack. By dispersing the data among a vast number of nodes and completely decentralizing DNS, blockchain technology makes it nearly hard for hackers to assault.

III. Decentralized Storage Alternatives:

Data is rising in value over oil and gold. Every person and company gathers a tonne of private information about its clients or customers. Unfortunately, hackers find this data to be highly appealing.

Conclusion

Keeping all the data in one location is one of the easiest things you can do for cybercriminals. Regarding data storage, the company primarily continues to use centralized storage. Blockchain-based storage options are gradually growing in acceptance.

CyberCube is a Cyber Security Companies in Delhi that incorporates blockchain to offer you better solutions. The blockchain technology used in the process is tested for vulnerabilities before use. Potential breaches are detected early and worn down by this robust security system.