What Is Ethical Hacking? Here’s How It Helps Make Blockchain More Secured

Many people don't know what ethical hacking is.

Unlike the common hack and other malicious campaigns, ethical hacking is actually supported by many companies.

Many giant tech firms, such as Google and Microsoft, rely on ethical hackers to enhance their products' cybersecurity.

To give you more idea, ethical hacking is just like common hacking activities. However, this one has the permission of organizations and companies.

What is Ethical Hacking?

According to CoinTelegraph's latest report, ethical hacking is used to find flaws in systems before real malicious actors can exploit them.

This allows companies and organizations to fix these vulnerabilities; decreasing the chances of serious cybersecurity breaches.

Synopsys explained that ethical hacking can identify many vulnerabilities, such as the following:

• Use of components with known vulnerabilities
• Injection attacks
• Sensitive data exposure
• Broken authentication
• Security misconfigurations

Since ethical hacking is legal, it is more limited compared to illegal hacking activities. Unlike hackers, ethical hackers are only given a certain period to finish their tasks.

They also need to follow the restrictions provided by companies and organizations that hire them. Despite its limitations, ethical hacking can still benefit many companies, including those that rely on blockchain.

Ethical Hacking: Enhancing Blockchain Security

Blockchain became more popular after cryptocurrencies gained more investors.

For those who are not familiar with blockchain, it is a decentralized technology that records transactions across computers.

Blockchains are known for their roles in Bitcoin and other cryptocurrencies. Since they contain critical data, many hackers commonly target them.

This is why many blockchain companies also rely on ethical hacking to enhance their platforms' securities.

Here's how ethical hacking benefits blockchain systems:

• Ethical hacking can find potential blockchain network flaws.
• Ethical hacking can be used for smart contract auditing.
• Ethical hacking can be used for consensus mechanism analysis.
• Ethical hacking can be used for cryptography analysis.

If you want to learn more about the importance of ethical hacking in blockchains, just click this link.

Here are other stories we wrote about cybersecurity:

Scammers are now using AI tools to impersonate their victims' relatives. Security experts warned that phishing scams are targeting hotel bookings of Eurovision fans.

For more news updates about ethical hacking and other cybersecurity topics, always keep your tabs open here at TechTimes.