• Title/Summary/Keyword: Blockchain Security Threats

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Research on Security Threats Emerging from Blockchain-based Services

  • Yoo, Soonduck
    • International Journal of Internet, Broadcasting and Communication
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    • v.13 no.4
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    • pp.1-10
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    • 2021
  • The purpose of the study is to contribute to the positive development of blockchain technology by providing data to examine security vulnerabilities and threats to blockchain-based services and review countermeasures. The findings of this study are as follows. Threats to the security of blockchain-based services can be classified into application security threats, smart contract security threats, and network (P2P) security threats. First, application security threats include wallet theft (e-wallet stealing), double spending (double payment attack), and cryptojacking (mining malware infection). Second, smart contract security threats are divided into reentrancy attacks, replay attacks, and balance increasing attacks. Third, network (P2P) security threats are divided into the 51% control attack, Sybil attack, balance attack, eclipse attack (spread false information attack), selfish mining (selfish mining monopoly), block withholding attack, DDoS attack (distributed service denial attack) and DNS/BGP hijacks. Through this study, it is possible to discuss the future plans of the blockchain technology-based ecosystem through understanding the functional characteristics of transparency or some privacy that can be obtained within the blockchain. It also supports effective coping with various security threats.

An Overview of Blockchain Technology: Concepts, Consensus, Standardization, and Security Threats (블록체인 기술 동향에 관한 연구)

  • Park, Roy C.;Lee, Young Sil
    • Journal of the Institute of Convergence Signal Processing
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    • v.20 no.4
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    • pp.218-225
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    • 2019
  • Since the publication of Satoshi Nakamoto's white paper on Bitcoin in 2008, blockchain is in the spotlight as one of the core technologies of the Fouth Industrial Revolution, which can be used in various industries beyond simple cryptocurrency. various researches and developments are being conducted worldwide to utilize blockchain technology, and a global blockchain consortium is formed. In addition, attempts are being made to apply to various industries such as logistics, distribution, and medical care as well as the financial sector. However, blockchain tecnology developments still do not reach the level that meets these concerns and expectations. In this paper, we presents a comprehensive overview of blockchain technology by giving its brief concepts, consensus algorithms, standardization, and security threats.

Performance Analysis of Blockchain Consensus Protocols-A Review

  • Amina Yaqoob;Alma Shamas;Jawad Ibrahim
    • International Journal of Computer Science & Network Security
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    • v.23 no.6
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    • pp.181-192
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    • 2023
  • Blockchain system brought innovation in the area of accounting, credit monitoring and trade secrets. Consensus algorithm that considered the central component of blockchain, significantly influences performance and security of blockchain system. In this paper we presented four consensus protocols specifically as Proof of Work (PoW), Proof of Stake (PoS), Delegated Proof of Stake (DPoS) and Practical Byzantine Fault-Tolerance (PBFT), we also reviewed different security threats that affect the performance of Consensus Protocols and precisely enlist their counter measures. Further we evaluated the performance of these Consensus Protocols in tabular form based on different parameters. At the end we discussed a comprehensive comparison of Consensus protocols in terms of Throughput, Latency and Scalability. We presume that our results can be beneficial to blockchain system and token economists, practitioners and researchers.

A Study on Security Enhancement for the Use and Improvement of Blockchain Technology (보안성 강화를 위한 블록체인기술의 활용과 개선방안 연구)

  • Seung Jae Yoo
    • Convergence Security Journal
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    • v.23 no.1
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    • pp.63-68
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    • 2023
  • In this study, in relation to blockchain protocol and network security, we study the configuration of blockchain and encryption key management methods on smart contracts so that we can have a strong level of response to MITM attacks and DoS/DDoS attacks. It is expected that the use of blockchain technology with enhanced security can be activated through respond to data security threats such as MITM through encryption communication protocols and enhanced authentication, node load balancing and distributed DDoS attack response, secure coding and vulnerability scanning, strengthen smart contract security with secure consensus algorithms, access control and authentication through enhanced user authentication and authorization, strengthen the security of cores and nodes, and monitoring system to update other blockchain protocols and enhance security.

Countermeasures against Security Threats to Online Voting Using Distributed Ledger Technology (분산 원장 기술을 활용한 온라인 투표에 대한 보안 위협과 대응 방안)

  • Park, Keundug;Kim, ChangOh;Youm, Heung-youl
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.27 no.5
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    • pp.1201-1216
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    • 2017
  • Recently, many countries around the world including Korea (Rep. of) have actively introduced online voting using distributed ledger technology (e.g. blockchain). However, online voting using distributed ledger technology based on the widely deployed telecommunication/ICT infrastructure. There is insufficient analysis of potential security threats. In this paper, we suggest a model for online voting system using distributed ledger technology and propose countermeasures by analyzing the security threats that may occur in online voting process in terms of information security.

Private Key Recovery on Bitcoin with Duplicated Signatures

  • Ko, Ju-Seong;Kwak, Jin
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.14 no.3
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    • pp.1280-1300
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    • 2020
  • In the modern financial sector, interest in providing financial services that employ blockchain technology has increased. Blockchain technology is efficient and can operate without a trusted party to store all transaction information; additionally, it provides transparency and prevents the tampering of transaction information. However, new security threats can occur because blockchain technology shares all the transaction information. Furthermore, studies have reported that the private keys of users who use the same signature value two or more times can be recovered. Because private keys of blockchain identify users, private key leaks can result in attackers stealing the ownership rights to users' property. Therefore, as more financial services use blockchain technology, actions to counteract the threat of private key recovery must be continually investigated. Private key recovery studies are presented here. Based on these studies, duplicated signatures generated by blockchain users are defined. Additionally, scenarios that generate and use duplicated signatures are applied in an actual bitcoin environment to demonstrate that actual bitcoin users' private keys can be recovered.

Blockchain-based SCADA system security (블록체인 기반의 SCADA 시스템 보안)

  • Ji, Seungwon;Lee, Wongi;Ko, TaeGwang;Park, Sohee;Oh, Gooyeon;Kim, Jongmin;Kim, DongMin
    • Convergence Security Journal
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    • v.19 no.5
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    • pp.55-61
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    • 2019
  • This paper studied security measures to protect the SCADA network from the increasingly sophisticated threats. Currently, SCADA system security uses methods that are almost like regular IT security systems. While there may be some common security techniques, security techniques are needed only for SCADA systems that are different from typical IT systems. Therefore, this paper will explore the security techniques currently used in SCADA systems, and the problems that arise when the current security techniques are used will be identified through the damage cases resulting from attacks in SCADA systems. Finally, as a new solution to ensure the availability and integrity required for current SCADA systems, we proposed linking Blockchain and SCADA systems.

Analysis of Technology and Security Threats on Blockchain (블록체인 기술 및 보안 위협 분석)

  • Jun, Euna;Lee, Cheulhee
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.14 no.4
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    • pp.47-56
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    • 2018
  • We analyzed security threats and suggested countermeasures about the block chain technologies which has emerged as a core technology of the fourth industrial revolution. We know that increasing the security leads to slow down program processing rate in the block chain systems. The block chain system which is currently an early stage of technological development, to become an economic and social infrastructure, development of technology and active policy implementation will be necessary. We studied on the security threats and countermeasures of the Bit Coin based on block chain. Further research should be undertaken on the possibility that future studies could have a real adverse effect on the integrity of the data.

Forensic study of autonomous vehicle using blockchain (블록체인을 이용한 자율주행 차량의 포렌식 연구)

  • Jang-Mook, Kang
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.23 no.1
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    • pp.209-214
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    • 2023
  • In the future, as autonomous vehicles become popular at home and abroad, the frequency of accidents involving autonomous vehicles is also expected to increase. In particular, when a fully autonomous vehicle is operated, various criminal/civil problems such as sexual violence, assault, and fraud between passengers may occur as well as the vehicle accident itself. In this case, forensics for accidents involving autonomous vehicles and accidents involving passengers in the vehicles are also about to change. This paper reviewed the types of security threats of autonomous vehicles, methods for maintaining the integrity of evidence data using blockchain technology, and research on digital forensics. Through this, it was possible to describe threats that would occur in autonomous vehicles using blockchain technology and forensic techniques for each type of accident in a scenario-type manner. Through this study, a block that helps forensics of self-driving vehicles before and after accidents by investigating forensic security technology of domestic and foreign websites to respond to vulnerabilities and attacks of autonomous vehicles, and research on block chain security of research institutes and information security companies. A chain method was proposed.

A Research on IoT Security Technology based on Blockchain and Lightweight Cryptographic Algorithms

  • Sun-Jib Kim
    • International Journal of Advanced Culture Technology
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    • v.11 no.1
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    • pp.343-348
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    • 2023
  • As the IoT market continues to grow, security threats to IoT devices with limited resources are also increasing. However, the application of security technology to the existing system to IoT devices with limited resources is impossible due to the inherent characteristics of IoT devices. Various methods for solving related problems have been studied in existing studies to solve this problem. Therefore, this study analyzes the characteristics of domestic IoT authentication standards and existing research to propose an algorithm that applies blockchain-based authentication and lightweight encryption algorithms to IoT equipment with limited resources. In this study, a key generation method was applied using a Lamport hash-chain and data integrity between IoT devices were provided using a Merkle Tree, and an LEA encryption algorithm was applied using confidentiality in data communication. In the experiment, it was verified that the efficiency is high when the LEA encryption algorithm, which is a lightweight encryption algorithm, is applied to IoT devices with limited resources.