The security division at tech giant IBM X-Force Red has announced a new service for testing Blockchain enterprises, with saying that the service would support in finding faults and vulnerabilities in Blockchain systems. The announcement appeared in IBM’s latest offering to emerge for the Blockchain sector.
Developed on the expertise of the X-Force Red unit, the service designs to help Blockchain operators improve the security of their networks and address the vulnerabilities. Global Head of IBM X-Force Red, Charles Henderson stated that security testing was imperative for all organizations to make sure Blockchain systems were invulnerable from assaults. Because it doesn’t mean the solutions that leverage it are secured from bad actors as Blockchain increasingly protecting the integrity of data. That’s why security testing is indispensable during development and after deployment. Even, mobile applications, Cloud computing, and personal computers, all these innovations required to embrace the policies and methods for security after they rise in popularity. Thus, Blockchain-based solutions provide opportunities for businesses to break that tendency. Much of the blockchain systems security threat takes place from the interface between new technologies and traditional systems, according to IBM. Hence, the company noted that its service is aimed to clear out errors and incompatibilities that can lead vulnerabilities to hackers and thieves.
According to IBM, spending in enterprise Blockchain will be more than USD10 billion by 2021 as the technology becomes more deep-seated in global technology infrastructure. However, the firm has illustrated inconsistent and sub-optimal Cybersecurity standards that could leave these systems vulnerable to attack. With the prompt development of Blockchain systems across a wide range of industries and applications, the IBM service intended to purge these risks, and making sure a higher standard of security for the emerging Blockchain sectors.