Balancing Security: A Moving Target
Figure: The cover of the book "Building Decentralized Trust"
Book Chapter Summary
Blockchain technology has come a long way since its inception in the form of Bitcoin in 2009. With a growing interest from industry and academia came an influx of new application areas and domains that make use of this technology on a daily basis. This technology, while having unique security properties, also presented new security challenges and previously unexplored attack vectors that became the target of malicious actors in the domain.
This chapter presents an overview of security challenges that arise when using, developing, and designing blockchain technology. Firstly, common attack vectors and pitfalls are presented that have to be considered when working with blockchains. Next, weak points in all layers, i.e., technical, data/records, and social layers, are thoroughly discussed and countermeasures with the potential of alleviating some concerns are suggested. Lastly, an outlook on the technology’s future is given and suggestions are provided on how to design usable, secure systems that could withstand the test of time.
Book Chapter Keywords
Blockchain adoption, Distributed ledger technology, Data breaches and crypto-technologies, Trust in technology
Book Information
Publication date: January 5, 2021
Links
References
| APA | Voskobojnikov, A., Skwarek, V., Mashatan, A., Matsuo, S. I., Rowell, C., & Weingärtner, T. (2021). Balancing Security: A Moving Target. In Building Decentralized Trust (pp. 63-94). Springer, Cham. |
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| BibTeX | @Inbook{movingtarget2021, author = {Artemij Voskobojnikov and Volker Skwarek and Atefeh Mashatan and Shin'Ichiro Matsuo and Chris Rowell and Tim Weingärtner}, title = {Innovation and Intellectual Property Rights}, editor = {Victoria Lemieux and Chen Feng}, title = {Balancing Security: A Moving Target}, booktitle = {Building Decentralized Trust}, publisher = {Springer, Cham}, year = {2021}, pages = {63-94}, chapter = {4} } |
| DOI | https://doi.org/10.1007/978-3-030-54414-0_4 |
| IEEE | A. Voskobojnikov, V. Skwarek, A. Mashatan, S. I. Matsuo, C. Rowell, and T. Weingärtner. “Balancing Security: A Moving Target,” in Building Decentralized Trust, Springer, Cham, pp. 63-94, 2021. |
| ISBN | Print: 978-3-030-54413-3 Online: 978-3-030-54414-0 |