Is Blockchain Tech the Solution to IIoT Security Dilemmas?

Digital transformation and the convergence of IT and OT in the industrial space have resulted in considerable challenges in securing infrastructures. This includes power grids, nuclear power plants, oil rigs, Supervisory Control and Data Acquisition (SCADA) systems, and machinery in factories and locations that traditionally have enjoyed security by obscurity. 

While IoT provides critical data insights, it also means systems are vulnerable to cyberattacks, and network-level protection is not enough. Working with data brings significant challenges, from data generation, transportation, and storage to controlling data access, analytics, and sharing amongst multiple parties. To deal with these challenges, organizations need new tools, processes, and cybersecurity architectures.