The Impact of Blockchain on Cybersecurity Management

Blockchain is a disruptive technology that impacted businesses, industries, and economies. Blockchain’s success is mainly due to its multi-role technology that can be applied to a wide variety of fields, such as in data storage services, financial services, and security services. In the security domain, it poses new challenges that should be faced by cybersecurity managers and exposes new attack footprints that must be addressed to maintain a secure computer network. On the other side, blockchain offers a breakthrough that solves many cybersecurity issues that were open for years. In this chapter, we introduce blockchain’s impact on each of the cybersecurity domains and recommend directions to be followed by cybersecurity managers.