Blockchain’s Potential in Improving Cybersecurity

Enterprises around the world are investing massively to mitigate the losses caused by cyber-attacks. The spending is expected to grow at a rate of 12.6 % CAGR over the next decade, beginning in 2020. Cyber attackers are exploiting the vulnerabilities to launch sophisticated attacks that outwit the traditional security methods. Blockchain, an emerging technology, promises greater security, stronger information encryption, and data ownership. It increases transparency and traceability ̶ the two most important aspects related to data privacy, security, and confidentiality.

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ABOUT THE AUTHOR

Karnesh Mehta

Karnesh is a Marketing & Communications professional, with an overall experience of 8+ years in the realm of Corporate Communications, encompassing varied areas such as brand management, content writing & editing, handling media relations, Internal Communications, managing social media properties, and, activities such as Online Reputation management to assiduously build brands on Digital platforms. Academically, he is an Engineer with a major in Information Technology and a postgraduate with Marketing as a major.

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