Thursday, April 27, 2017

Stephen Holmes — The future of DDoS attacks looks scary. Blockchain will protect us

The ease of launching massive DDoS attacks will grow and no existing system can address this problem unless it is truly distributed. The blockchain may serve as the best remedy.
American Banker
The future of DDoS attacks looks scary. Blockchain will protect us
Stephen Holmes | vice president of the fintech lab at VirtusaPolaris

See also

Denial-of-service, web app attacks plague banks
Penny Crosman


4 comments:

MRW said...

Wikileaks published how they go around Blockchain

hog said...

how is blockchain supposed to protect against denial of service?
blockchain mearly ensures data integrity.
ddos does not aim to temper with data. it brings systems to it's knees by overtaxing them. sure, if you have a distributed system there are redundancy and less bottlenecks, but that doesn't require blockchain. blockchain increases your requirements, i.e: ddos would just throw faulty transactions at it on which it would have to do integrity checks.

Noah Way said...

Blockchain-based Venture Capital Fund Hacked for $60 Million

http://fortune.com/2016/06/18/blockchain-vc-fund-hacked/

NOTHING digital is hackproof.

Bob said...

Apples and Oranges. These bankers will be easy pickings for "security consultants" harvesting the low hanging fruit. Cha-ching! Cha-ching!