5 Blockchain Security Issues CISOs Need to Wake Up To
Tech Insights for Professionals
The latest thought leadership for IT pros
Blockchain could lead to a variety of exciting benefits for your company, but make sure you're not being exposed to security risks through lack of knowledge or preparation.
22 September 2022
Blockchain technology - which is based on the use of shared digital ledgers of transactions that can be distributed across computer networks - could have a key role to play in the future of business.
Research has shown that 11% of organizations are already using blockchain in some way, while three-quarters are looking into how it could be relevant and useful for them.
The technology offers the potential to optimize business functions and processes including:
- International payments
- Regulatory compliance
- Protection against money laundering and fraud
- Supply chain management
To maximize the benefits of blockchain, however, you need to ensure you're aware of the biggest security issues and potential risks associated with it.