A new patent awarded to tech giant IBM highlights how blockchain tech might play a role in monitoring security breaches within computer networks.
First filed in September 2017 and awarded Tuesday by the U.S. Patent and Trademark Office, the patent outlines how a network of monitors connected to a blockchain platform can log events on the network, including potential intrusions.
While attackers may try to hide signs of their work on one monitor, having multiple backups of that information will help ensure that such events are still logged, according to IBM. "On a computer system or network, data may be monitored for many different purposes. Data monitoring may identify problems, observe conditions or track metrics by logging the events of a given computer system or network," the patent states.
To that end, Big Blue notes that companies may set up a system of devices to monitor attempted intrusions on the distributed network, using node consensus to flag any irregularities.
"Having synchronized monitors set up in a blockchain configuration ensures consensus among the monitors. Since one monitor alone cannot alter the event log in the past or cannot fake the event log in the future, if one monitor is hacked, then there may be no consensus among the synchronized monitors and the event may not get written into the log."
The sensors allow consensus by passing the same information to more than one monitor.
When monitors are validating information, if data for an event or transaction does not match, then one monitor may have been compromised.
In such an event, this "May alert the monitor security program of inconsistent data," which in turn warns the system administrators that there is an issue.
Using blockchain technology to highlight irregularities in this way, would therefore "Create a less vulnerable network" according to IBM. IBM image via JHVEPhoto/Shutterstock.
CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
IBM Wins Patent for Blockchain-Based Network Security System
gepubliceerd op Oct 3, 2018
by Coindesk | gepubliceerd op Coinage
Coinage
Recent nieuws
Alles zien
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.