The “Blockchain based Cyber-Security Risk Management Framework (B-CSRM)” proposes an effective approach to manage the interconnected, interdependent and integrated security risks facing individuals and entities across nations: its government, industries, organizations and academia (NGIOA) in cyberspace, geospace and space (CGS).
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The proposed blockchain based cyber-security risk management (B-CSRM) framework will meet the following objectives.
- Make a convincing case for a new approach to management of interconnected, interdependent, and integrated cyber-security risks facing individuals and entities across nations: its government, industries, organizations and academia (NGIOA) from cyberspace, geospace and, space (CGS)
- Evaluate blockchain technology for potential use as a digital infrastructure for a cyber-security risk management framework and system
- Propose a blockchain based cyber-security risk management (B-CSRM) framework and system
- Propose a “Security token”
- Propose a “Validation Platform” through consensus mechanism of anonymous “Security Councils”
- Propose “Incentive Structure” for sharing risks: incentivizing risk research and sharing—as well as review, rating and reporting of interconnected and integrated cyber-security risks to the security initiative through proposed “Security token”
- Propose transfer of interconnected and interdependent security risks to “insurance” integrated with cyber-security risk management framework (B-CSRM-I)
- Call for NGIOA cooperation and collaboration