Article: Blockchain and cybersecurity

Question 1

How is security and privacy secured in the Cloud?

Answer 1

• Different deployment models: private and public cloud
• Fully encrypted
• “zero-trust”
• 24/7 cyber risk monitoring

Question 2

How is security and privacy secured with blockchain?

Answer 2

• Fully encrypted
• No need for third parties or centralized entity
• Public-private key mechanisms
• No single point of failure

Question 3

What is the Transparency Principle (FIP)?

Answer 3

Cloud Service Providers (CSPs) can use private information for purposes the customer does not understand -> Blockchain: Everyone can control his/her own data with keys

Question 4

What is the Security Provision (FIP)?

Answer 4

Failure to protect PII (Personal Identifiable Information) and unintended or inappropriate disclosure -> Blockchain: User decides which data he/she releases and to whom

Question 5

What is the Individual Participation Principle (FIP)?

Answer 5

Most data comes from passive data collection -> Blockchain: Consumers are connected with all concerned parties and can explicitly participate

Question 6

What is the Accountability Principle (FIP)?

Answer 6

Lack of audit trail leads to missing accountability -> Blockchain: ledgers include trail

Question 7

In which way are this principles violated in MR? How can Blockchain reduce this violations?

Answer 7

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