enterprisesecuritymag

| | May - 2020ENTERPRISE SECURITY6Blockchain (or distributed ledger technology) evolution has been compared to the early rising of the internet with comments and arguments of the technology's potential to disrupt multiple industries including Healthcare, Public Sector, Energy, Manufacturing and particularly Financial Services, where it is predicted to be the beating heart of finance and the ultimate provider of a new industry fabric. For enterprise security, Blockchain could potentially help improve cyber defence as the platform can secure, prevent fraudulent activities through consensus mechanisms, and detect data tampering based on its underlying characteristics of immutability, transparency, auditability, data encryption and operational resilience (including no single point of failure).Emerging as a new promising category, blockchain technology makes data near impossible to change, with decentralized end-to-end encryption data services replacing traditional encryption tools.Because we are still early in blockchain's development, these fits and starts in its maturation are not surprising. While executives in the financial services sector, for example, are leading the way in using blockchain to re-examine processes and functions that have remained static for decades, their counterparts in other sectors remain more reserved as they work to develop appropriate use cases for blockchain. At the same time, there are a growing number of emerging disruptors across each sector, challenging traditional business models with the use of blockchain.What remains important for these executives to recognize is the first rule of blockchain adoption: This is a business model change where companies need to focus on more than just a solid proof of concept for implementation. Because blockchain, when properly implemented, should fundamentally change how a business operates, it impacts the entire organization, creating new tax and cyber implications along with a variety of governance and regulatory issues that need to be addressed. This edition is aimed to enable an organization gain an understanding of their threat landscape, and subsequently implement a functional effective blockchain solution that can effectively uplift their business environment by mitigating the existing risks.Let us know your thoughts.Blockchain: Transforming Enterprise SecurityEditorialRussell Thomas Managing Editor russell@enterprisesecuritymag.comMAY - 25- 2020, Volume 06 - 09 Published by ValleyMedia, Inc. ISSN 2691-4034To subscribe to ENTERPRISE SECURITYVisit www.enterprisesecuritymag.com Copyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Managing EditorRussell ThomasEditorial StaffAaron PierceAlex D'SouzaAva GarciaJustin S GonsalvesJoshua ParkerSurajit Narayan DekaVisualizersIssac GeorgeSalesAlena D'Souzaalena@enterprisesecuritymag.comContact Us:Phone:510.757.1040Fax:510-894-8405Email:sales@enterprisesecuritymag.comeditor@enterprisesecuritymag.commarketing@enterprisesecuritymag.com*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff
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