Book Image

Hands-On Cybersecurity with Blockchain

By : Rajneesh Gupta
Book Image

Hands-On Cybersecurity with Blockchain

By: Rajneesh Gupta

Overview of this book

Blockchain technology is being welcomed as one of the most revolutionary and impactful innovations of today. Blockchain technology was first identified in the world’s most popular digital currency, Bitcoin, but has now changed the outlook of several organizations and empowered them to use it even for storage and transfer of value. This book will start by introducing you to the common cyberthreat landscape and common attacks such as malware, phishing, insider threats, and DDoS. The next set of chapters will help you to understand the workings of Blockchain technology, Ethereum and Hyperledger architecture and how they fit into the cybersecurity ecosystem. These chapters will also help you to write your first distributed application on Ethereum Blockchain and the Hyperledger Fabric framework. Later, you will learn about the security triad and its adaptation with Blockchain. The last set of chapters will take you through the core concepts of cybersecurity, such as DDoS protection, PKI-based identity, 2FA, and DNS security. You will learn how Blockchain plays a crucial role in transforming cybersecurity solutions. Toward the end of the book, you will also encounter some real-world deployment examples of Blockchain in security cases, and also understand the short-term challenges and future of cybersecurity with Blockchain.
Table of Contents (17 chapters)
Title Page
About Packt
Contributors
Preface
Index

Chapter 9: Deploying Blockchain-Based DDoS Protection


  1. Recent research found a 55% increase in large DDoS attacks of more than 10 Gbps in the first quarter of 2017, compared to the previous quarter. DDoS experts predict that advanced, volumetric attacks will become more common in the near future. A growing use of dark web marketplaces and open source software platforms have caused an increase in DDoS incidences, and a huge number of IoT devices, such as connected refrigerators or other smart devices, have minimal security and could easily be looped into an attack like this. Attackers are using DDoS as a tool to knock things offline that they don't like, and such tools are freely available on the internet.
  2. Although there can't be a perfect answer to this, there are several initiatives to stop DDoS attacks. A decentralized platform allows users to rent out their bandwidth, which can then be pooled to allow for substantially greater amounts of data processing, greatly reducing the risk of DDoS success.