ENHANCING CYBERSECURITY THROUGH BLOCKCHAIN TECHNOLOGY
Centralized server systems have been popular in the industry of modern IT services. It allowed the deployment of various large-scale applications to aid the needs of the modern society. However, centralized systems have been common targets for cyberattacks and the need to explore novel ways to secure our systems has always been of utmost importance. As a response, this paper explores the applications of Blockchain Technology to the Cybersecurity paradigm specifically on Phishing attacks. A simulation has been conducted to test the effectiveness of an application that implements a blockchain. A combination of 998 randomly generated phishing messages has been fed to a simulation environment for the application. The results of the simulations show that out of 998 randomly generated phishing messages, a prevention rate of 100% has been performed by the application that implements a blockchain. Therefore, the study implies that the blockchain technology is a very viable option to improve Cybersecurity aspects of modern information systems.
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