Intelligent CISO Issue 05 | Page 35

 PREDI C TI VE I NTEL L I GE NC E I strongly believe Blockchain is reshaping the whole security industry and will enable public private partnerships. 10% of the global GDP will be stored in Blockchain by 2027. I am a Blockchain enthusiast and believe Blockchain-based identity will put the user back in the driving seat. In a world where entities will not fully trust each other, Blockchain will give users control of how much data they are willing to share. www.intelligentciso.com | Issue 05 I strongly believe Blockchain is reshaping the whole security industry and will enable public private partnerships. The technology is also ideal for creating trusted device vaults, when we are talking about non-carbon identities, such as IoT devices. There are several identity management projects utilising different Blockchain use cases and they will keep evolving. Cybercrime is becoming increasingly sophisticated and organisations are finding it difficult to effectively detect, prevent and respond to modern cyberattacks. While executives are currently preoccupied with managing revenues and reducing costs, soon security and compliance will be of equal – or even greater – importance. u 35