Blockchain: DDoS attacks have been more frequent and more severe in the last year. According to a Neustar analysis, the number of DDoS attacks on their clients increased by 200 percent in the first quarter of 2019 compared to the first quarter of 2018.
In short, DDoS attack an effort to interrupt the usual traffic of a server, service, or network that is targeted by flooding it or its surrounding infrastructure with Internet traffic in a distributed denial-of-service assault (DDoS). Multiple hacked computers are used as attack traffic sources in DDoS operations. Computers and other networked resources, such as Internet of Things (IoT) devices, can be exploited.
We’re looking at whether Blockchain technology might give a safer alternative to current security methods in light of the rising threat of cybercrime. Let’s see if we can find out more about it.
As long as these assaults are happening, they aren’t a concern. The current security measures aren’t robust enough to withstand the might of the attacker. They not only slow down the systems they’re designed to safeguard, but they also cause more issues for network users as a result. Current DDoS defences rely on centralised systems, which is why this is the case. This strategy appears to be unsuccessful in the face of scattered attacks. What I mean is that the square peg is like attempting to fit a round hole.
Exactly what it sounds like, a distributed denial of service (DDoS) attack is just that. To initiate the attack, the attacker first takes control of susceptible devices before simultaneously launching it. This situation is only becoming worse due to the spread of insecure digital products. As the Internet of Things (IoT) grows, so does the number of devices that may be used to create botnets. This includes TVs, autos and industrial equipment.
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Adding Fuel to the Fire to Put It Out
Deterring a distributed attack requires a distributed reaction. The purpose of the blockchain was to create distributed systems. It would have no issue dealing with a DDoS onslaught. This is widely accepted.
To far, Blockchain has largely been utilised to make secure asset transactions between two parties easier without the need for a third party to step in and act as an intermediary. It is only possible to enter new data into a decentralised database. distributed to other nodes in its given region. As soon as a single database copy is compromised, the rest of the network just disconnects from it and goes on as normal. Blockchain’s immutable ledger relies on a distributed database to verify and record every transaction.
As a result, it looks that Blockchain was designed to withstand a DDoS attack. As a first step, it eliminates the risk of having one point of failure. Anything aimed at disrupting it will fail since it has a list of hacked IPs. When a server holding the list is hacked, users can acquire a secure copy of the list by moving to another node on the network.
Several cyber security firms are contemplating offering network and bandwidth services for rent to their clients. A distributed denial of service (DDoS) attack can be mitigated using computing resources (DDoS). The resources of a Blockchain can be used to mitigate a DDoS assault.
Every Argument Has an Antithesis
Blockchain’s potential as a DDoS mitigation tool may be limited by a variety of difficulties.
We need backend experts and consultants that can connect the technology to the particular business processes in different countries. New technology innovators are hard to come by because of the high demand for their skillsets. This is a big downside for Blockchain in the face of DDoS attacks.. Customized solutions may take awhile to develop in some cases. Maybe it’s already too late.
Current and future regulations are not yet compatible with this new technology. ” As specified by the EU’s General Data Protection Regulation (GDPR), all databases must be able to execute the CRUD tasks (GDPR). We cannot guarantee that personal information in the Blockchain database will not be maintained outside of the EU due to its distributed nature. These restrictions may limit its usefulness for attacks coming from anywhere in the world.
Additionally, the Blockchain will be required to communicate with older apps, which may need expensive and time-consuming system overhauls. The technology’s power and storage requirements may also hinder businesses from implementing it.
In order to establish Blockchain as a reliable weapon against DDoS, these issues must be solved, regardless of industry or region.
Conclusion
The decentralised nature of DDoS attacks might potentially be defended against using blockchain technology. the full potential of this gem is not to be realised until it is polished to a brilliant shine
