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Cybersecurity, Data Privacy and Blockchain: A Review.

Vinden Wylde¹, Nisha Rawindaran¹, John Lawrence¹

¹Cardiff School of Technologies, Cardiff Metropolitan University, CF5 2YB Cardiff, UK.

SN Computer Science

|January 17, 2022

Summary

This summary is machine-generated.

This paper addresses cybersecurity and data privacy challenges hindering Blockchain adoption. It proposes a framework integrating Big Data, Machine Learning, and Visualisation for secure, transparent data management across sectors.

Keywords:

Blockchain Cybersecurity Data privacy GDPR ISO 27001 IoT Smart Contracts

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Area of Science:

Computer Science
Information Security
Law

Background:

Blockchain technology offers immutable storage and secure transactions via Smart Contracts.
Adoption is hindered by a knowledge gap concerning cybersecurity and data privacy.
Existing legal frameworks like ISO 27001 and GDPR present challenges for Blockchain implementation.

Purpose of the Study:

Identify and review key challenges in Blockchain adoption.
Explore cybersecurity and data privacy issues in Blockchain.
Propose a framework for secure and transparent Blockchain data management.

Main Methods:

Literature review of data security management systems and legal frameworks.
Analysis of encryption, data acquisition, and policy under ISO 27001 and GDPR.
Development of a framework incorporating Big Data, Machine Learning, and Visualisation.

Main Results:

Cybersecurity and data privacy are primary obstacles to Blockchain adoption.
Ethical and legal differences globally impact trust and consent in Blockchain deployment.
A system for detecting, processing, and storing data is identified for enhanced security.

Conclusions:

Addressing cybersecurity and privacy is crucial for widespread Blockchain utilization.
Investment in research is vital for global dialogue on Blockchain's ethical and legal aspects.
The proposed framework enhances transparency and security in Blockchain data management.