Difference Between Cybersecurity and Blockchain (With Table)

The technique of avoiding destructive assaults on networks, computers, and other infrastructure is known as cybersecurity. It’s no wonder that banks, technology companies, hospitals, government agencies, and just about every other industry is investing in cybersecurity technologies to protect their business operations and the millions of people who entrust them with sensitive information.

Blockchain technology generates a data structure with security measures built in. It is built on the ideas of encryption, decentralization, and agreement, all of which help to sustain transactional confidence. Most blockchains and distributed ledger technology (DLT) data are organized into blocks, each of which contains one or more transactions.

Comparison Table Between Cybersecurity and Blockchain

What is Cybersecurity?

Cybersecurity is the practice of preventing harmful attacks on networks, computers, as well as other digital infrastructure. It’s no surprise that banks, tech businesses, hospitals, governmental entities, and just about all other industries are spending on cybersecurity technology to secure their business processes as well as the millions of users who entrust them with valuable data.

Multiple levels of protection are scattered throughout a company’s computers, programs, & networks in a good security system. Firewalls, antivirus programs, anti-spyware tools, plus password security tools must all work together to outwit remarkably cunning thieves, with cyber threats occurring every 14 seconds.

Mobiles are among the most vulnerable gadgets to cyber-attacks, and also the danger is only becoming worse. The loss of a device is the number one fear amongst cybersecurity specialists. It’s risky to leave our smartphones at a cafe or in the back seat of a car. If this happens, some tools can block all mobile phone usage.  Security of applications is increasingly becoming a key concern. Professionals turn to cybersecurity solutions to fight mobile apps that require just so many privileges, deliver Trojan malware or leak personal information. These technologies will detect or completely prevent suspicious activities.

What is Blockchain?

Blockchain technology creates a data structure with built-in security features. It is based on encryption, decentralization, and agreement principles, which maintain transactional trust. All data for most blockchains and distributed ledger technology (DLT) is organized around blocks, for each block containing one or more transactions.

Every new block in a cryptographic chain links to all the blocks preceding it in such a way that tampering is practically impossible. A consensus process validates and agrees on all events within the blocks, guaranteeing that each transaction is truthful and correct.

Through the participation of members throughout a distributed network, blockchain technology promotes decentralization. There is no point in failure, and only one user can alter the transaction record. However, there are some significant security differences between blockchain and other systems.

Anybody can join a public blockchain, therefore participants are often anonymous. A public blockchain validates payments & achieves consensus using machines connected to the internet. Bitcoin is a very well example of an open blockchain, and it uses “bitcoin mining” to establish consensus.

Private blockchains rely on identities to verify membership as well as access credentials, and typically only allow well-known companies to participate. The groups get together to form a secret, members-only “business network.” Inside a permissioned network, a blockchain-based obtains consensus using a process known as “selected endorsement,” in which recognized users validate transactions. The activity ledger can only be maintained by members with particular access and permissions. This type of network necessitates greater identification and access management.

Main Differences Between Cybersecurity and Blockchain

1. When a consumer has to be blocked from accessing a service by making more requests than the server can handle, cybersecurity systems use denial of service, whereas blockchain uses denial of service when a large number of transactions are submitted.
2. Endpoint security service by cybersecurity is controlled by the enterprise and also contains heterogeneity whereas blockchain system endpoint is completely homogeneous which makes it safe.
3. Intentional misuse is possible in cybersecurity whereas in blockchain it is only possible in the scenario when over half of the mining network is owned by a single network.
4. The code of cybersecurity is written by the companies developers whereas the code can be written by anyone in blockchain who is smart enough and can be edited too so the code vulnerability only comes under integer flow vulnerability.
5. The whole data is soiled in a cyber security system and the access for the data is only provided to the authorized owner of the data whereas in the blockchain data is distributed over the whole network.

Conclusion

Security is a must for every type of data saved in systems or storage devices as they can be used to cause harm to you or can get leaked. There are many ways used to prevent these consequences which include systems and technologies like blockchain and cybersecurity. These provide an extra layer of security to their best to secure your important data.

Their functionalities are different and methods also. Their properties and type of security also vary. So, users have to decide which type of system they need for their data to make it secure. They can vary according to the needs of the user.

References

1. https://www.timreview.ca/article/835
2. https://link.springer.com/book/10.1007%2F978-3-319-50660-9