By Monica Oravcova, COO of Naoris Protocol*
Naoris protocol: Conversations around Cybersecurity used to be the sole domain of IT specialists, nerds, and some of the first security pioneers. Still, today, the Cybersecurity narrative is a familiar script for almost anyone with a social network, a connected device, or avails themselves of the myriad of apps available for mobile phones. The proliferation of connected devices, remote workers, and social networks has made life easier for individuals and criminals, with the nefarious intention of exploiting weaknesses inherent in many digital ecosystems.
The explosion of online data has brought lapses in software companies both in web2 and web3 that regularly expose our most sensitive information to malicious actors. Therefore new frameworks and innovative cybersecurity solutions are critical if we see a reduction in cybercrime. The stakes are high. With cybercrime costing the global economy Trillions of dollars, the race is on to secure Web 3 and mitigate the legacy security challenges in Web2.
Legacy architecture is a free pass for cybercriminals
The majority of Web3 operates on top of Web2 architecture that simply was not designed to handle the current level of cyber threat. Blackhat hackers, rogue organisations, and a large cadre of cybercriminals have a significant arsenal of tools and an endless supply of vulnerable network architectures they can exploit. Cybercrime-as-a-service (CaaS) entities now rent or sell hacking tools to (other) criminals so they can launch thousands of attacks at a time. Detection is becoming more complex; increasingly, Malware contains polymorphic characteristics, changing their identifiable features to hide better from established detection techniques.
Blockchain – a leading offensive against cybercrime
Industries across the board are latching onto new technology that promises to improve online safety, with blockchain initiatives leading the way. Web2 cybersecurity tools tend to be siloed, which typically increases complexity and reaction time while also expanding the network’s attack surface area. Many black boxes owned and operated by centralized vendors have been using the same static approach for the last 35 years, so they are woefully incapable of fending off cyberattacks.
Leveraging blockchain technology is a paradigm shift in cyber defence strategy. All businesses face the challenge of securing a multitude of environments such as home, office, cloud, and mobile. Yet, their security controls remain centralized and, in essence, a single point of failure. Blockchain technology has facilitated the creation of hyperstructures like a decentralized cybersecurity mesh solution or crypto protocols that can run for free and forever without maintenance, interruption, or intermediaries. This solution creates trust while also maintaining a high level of data integrity. In essence, the distributed nature of blockchain provides no “hackable” entrance or weak point that detrimentally exposes entire datasets.
Over 70% of cyber breaches are due to human error
The team at Naoris Protocol recognised that with the increase in distributed ecosystems, trying to manage or control the behaviour of individuals is quickly becoming an ineffective way to manage threats. According to a recent Gartner report, over 70% of security breaches are due to human error.
While Blockchain goes a long way in mitigating security risks by creating trust in an untrusting ecosystem, networks still fall prey to attacks when traditionally framed companies are in the mix, as they become a single point of failure.
Naoris Protocol is an elegant and robust solution
To solve this problem, Naoris Protocol turns centralized computer networks with traditionally untrusted devices into a decentralized cybersecure mesh, where a swarm of cyber-trusted devices validates each other. It has a tokenized machine economy, where single points of failure are eliminated, and threats are identified and mitigated in real-time.
Multiple devices become part of the solution
Unmanaged and/or vulnerable devices are fair game for criminals; they only need a single foothold to launch an attack. In the Naoris Protocol ecosystem, no such device exists. The very means of compromising a device would render a state change, causing the device to fail validation, which would result in it losing membership in the mesh. The attacker would be unable to utilize the device as an access point to progress further. The intrusion would also alert the organization’s security team and be investigated from the position of containment with no further threat to the rest of the environment.
Decentralised proof of security consensus (dPoSec)
The Naoris Protocol operates under the novel dPoSec (decentralized proof of security consensus), where devices in the mesh become the defence. It has a resilient, decentralized assurance and cybersecurity mesh architecture that proves device integrity, enforces context, operational trust, and policy adherence without needing to trust centralized vendors or intermediaries, and requires a new consensus mechanism.
The future of Cybersecurity
This new way of combating cybercrime is game-changing, and it’s not limited to traditional environments either — Naoris Protocol is building a ‘HyperStructure’ that will serve as a next-generation cyber-trusted validation layer for almost all devices on the planet across Web2 and Web3.
Naoris believes that the future of Cybersecurity lies in this groundbreaking technology. Devices and networks can adopt or abandon it, but it cannot be stopped. They can run indefinitely by building unstoppable, permissionless, and minimally extractive hyperstructures. In addition, the near base cost fees would disincentivize forking while powering an ecosystem development treasury managed by the DAO. Wide adoption and usage of the Protocol would result in a win-win environment for all network participants. Parties who use the Protocol to allow their networks to defend themselves from cyber-attacks through disruptive Swarm AI and Blockchain technology will make all networks stronger as they grow, not weaker.
For more information you can contact Naoris Protocol at firstname.lastname@example.org
*Monica leads the business operations at Naoris Protocol as COO/Co-Founder. As a part of operations growth & strategy, she takes the opportunity to explore emerging technologies, apply them to Naoris’ business vision and advise clients to take real and impactful steps towards a thriving future. She is an experienced leader with 15+ years in IT and cybersecurity for telco, finance, and manufacturing; she led operations and executive teams for FTSE 100 clients AT&T, IBM, and Apple, managing budgets of over 100M Dollars. She is a passionate evangelist and thought leader for women in Deep Tech.