Blockchain Risk Considerations for Professionals
Reduce your blockchain network vulnerability. Learn about the different domain risks facing blockchain in our latest white paper: Blockchain Risk: Considerations for Practitioners.
Blockchain is a uniquely structured database that houses information in blocks of predetermined storage capacity, which are then chained together once each block is filled. This creates an accurate chronological data record that is both easy to access and difficult to alter.
While most commonly associated with cryptocurrency, blockchain is used in several industries including real estate, travel and health care due to its advantages of immutability, decentralization, finality and versatility.
But like any technology, blockchain faces security risks. Because blockchain applications are diverse and nuanced, they are vulnerable to a wide variety of threats across multiple domains. It is imperative to proactively identify and address these risks in order for businesses to formulate effective threat mitigation strategies.
Acquire a better understanding of the security risks faced by blockchain technology, recognize control gaps and reduce the likelihood of attacks by learning how to identify and understand:
- The five key domains affected by blockchain technology
- Policies, procedures and protocols
- The vulnerabilities unique to each domain
- The types of attacks each domain faces
- The potential ramifications of inadequate blockchain security
This jointly created ISACA® and AICPA white paper is for information systems and business professionals who are currently using or considering the adoption of blockchain technology as a database or transaction ledger.
Download