Bettering Threat Intelligence And Cyber Security A New Role For Blockchain?
Despite the news being inundated with hacks, cons and scams surrounding cryptocurrencies and exchanges, the truth remains that actual blockchains have yet to be compromised in their immutable and unhackable nature.
Blockchains are epitomised by security and safety when it comes to storing data on its distributed ledger; they use a trustless model to be utterly trustworthy. On this principle of protection, it would make sense to start applying blockchains to a new and emerging movement in cybersecurity.
It has become more apparent ,and more evident, that new technologies, such as Artificial Intelligence, Internet of Things, as well as blockchain can benefit from teaming up with one another to solve their shortcomings. Threat Intelligence is another such emerging area of technological advancement that can also lean on blockchain to aid its application and betterment.
according to CERT-UK, Cyber Threat Intelligence (CTI) is an “elusive” concept, but mostly, it involves the collection of intelligence on cyber threats that are shared and openly available through open source intelligence, social media intelligence, human Intelligence.
Ben Schmidt, CSO of PolySwarm, a company that is using the blockchain’s immutable ledger, as well as the decentralised ecosystem and its marketplace, to try and boost a more efficient Threat Intelligence model, attempts to define this ‘industry’