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When building an enterprise blockchain application, it’s important to consider security at all layers of the technology stack, and how to manage governance and permissions for the network. A comprehensive security strategy for an enterprise blockchain solution includes by using traditional security controls and technology-unique controls. Some of the security controls specific to enterprise blockchain solutions include

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When establishing a private blockchain, ensure that it's deployed in a secure, resilient infrastructure. Poor underlying technology choices for business needs and processes can lead to data security risks through their vulnerabilities.

Private Keys

A private key is an alphanumeric code generated by a cryptocurrency wallet. It is used to authorize transactions and prove ownership of a blockchain asset.

Hardware Wallets

Secure and take full control of your assets with a hardware wallet. Etherbit.in is an Indian security gadget store,

Mobility & Security

Review the Enterprise Mobility and Security pricing options and choose the version that best suits your organization's needs.

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QuoBit Network Blockchain security tips and best practices.When designing a blockchain solution, consider these key questions

How It work

How fraudsters attack blockchain technology

Phishing attacks

Phishing is a scamming attempt to attain a user's credentials. Fraudsters send wallet key owners emails designed to look as though they're coming from a legitimate source. The emails ask users for their credentials by using fake hyperlinks. Having access to a user's credentials and other sensitive information can result in losses for the user and the blockchain network.

Routing attacks

Blockchains rely on real-time, large data transfers. Hackers can intercept data as it's transferring to internet service providers. In a routing attack, blockchain participants typically can't see the threat, so everything looks normal. However, behind the scenes, fraudsters have extracted confidential data or currencies.

Sybil attacks

In a Sybil attack, hackers create and use many false network identities to flood the network and crash the system. Sybil refers to a famous book character diagnosed with a multiple identity disorder.

51% attacks

Mining requires a vast amount of computing power, especially for large-scale public blockchains. But if a miner, or a group of miners, might rally enough resources, they might attain more than 50% of a blockchain network's mining power. Having more than 50% of the power means having control over the ledger and the ability to manipulate it.

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