World Economic Forum Releases Report About Blockchain Cybersecurity

guest · Apr 9, 2019

World Economic Forum Releases Report About Blockchain Cybersecurity
April 8, 2019
https://finance.yahoo.com/news/world-economic-forum-releases-report-162000712.html

The World Economic Forum (WEF) released a report about blockchain cybersecurity on April 5.

The report points out that most data breaches do not result from the level of skill of the hackers, but instead happen because appropriate security measures often are not implemented. The WEF further claims that while attackers do compromise blockchains themselves, they much more often try to exploit or compromise their deployment.

The report states that cybersecurity should be recognized as a core leadership discipline, and cites a related study by security journalist Brian Krebs. According to the aforementioned study, only 5% of the top 100 companies have a dedicated cybersecurity leader.
The WEF recommends that blockchain-related company heads establish a cybersecurity leadership position in their organization and ensure that the position is empowered enough to take the necessary actions.
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