European Journal of Computer Science and Information Technology (EJCSIT)

EA Journals

Decentralization

The Invisible War on the Chain: Cyber Defense Strategies for Enterprise Blockchain Security (Published)

Blockchain technology adoption across industries creates a complex security landscape despite inherent cryptographic protection. This article explores critical risk elements including smart contract vulnerabilities, private key management challenges, consensus mechanism attacks, oracle vulnerabilities, and integration points with legacy systems. It outlines comprehensive defense mechanisms spanning formal verification processes, hardware security modules, network segmentation, governance frameworks with multi-signature requirements, and continuous monitoring solutions. As organizations increasingly implement blockchain for supply chain transparency, asset tracking, and transaction platforms, security strategies must evolve to address both blockchain-specific threats and traditional cybersecurity risks. The shifting security paradigm requires specialized expertise, regular training, participation in information sharing communities, and adaptive governance frameworks. Future challenges include quantum computing threats, scalability trade-offs, regulatory compliance, increasing smart contract complexity, and cross-chain interoperability concerns, necessitating proactive security planning that anticipates blockchain evolution.

 

Keywords: Authentication, Cryptography, Decentralization, Verification, interoperability

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