In May, I discussed the benefits of blockchain for data storage. Today we're going to employee contact list review the benefits of blockchain, this time focusing on improving cybersecurity for your small business. Cyberattacks are on the rise, and high-profile attacks on large enterprises resulting in the loss or exposure of sensitive customer data seem to be happening every week.However, it is not only large companies that are affected. According to employee contact list the U.S. Chamber of Commerce, small businesses “are often the most vulnerable to cyber threats,” with 44% of small businesses reporting having been victims of an attack.
Costing an average of $9,000.As a technology designed with security in mind, blockchain holds a lot of promise in terms of cybersecurity potential.the benefits of blockchainAfter all, the blockchain is the result of several major breakthroughs in the employee contact list security and cryptography used to secure bitcoin. Applying it to areas outside of cryptocurrency exchanges makes perfect sense.To employee contact list help you understand blockchain and its potential for cybersecurity in your small business, we'll look at: Specific security aspects that blockchain can potentially improve The different types of blockchain trust modelsIf your company should invest in blockchain technology in 2018 ??3 reasons blockchain is exciting for cybersecurity.
Blockchain operates on a distributed network, takes advantage of advances in encryption, and uses complex algorithms to employee contact list verify data ownership and accuracy.Each of these features is on its own an element of a solid and advanced cybersecurity strategy. Combining them through blockchain technology promises breakthroughs for the cybersecurity industry.Below, I'll look at three aspects of cybersecurity that blockchain has the greatest potential to improve or enhance.1. Blockchain can help prevent access fraudBlockchain has major potential to employee contact list bring much-needed changes to the identity and access management process.One of the biggest problems with identity and access management is that your employees are probably using weak passwords that are easy for a hacker to crack.