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Crypto v2.0 Steven C. Markey, MSIS, PMP, CISSP, CIPP/US , CISM, CISA, STS-EV, CCSK, Cloud + Principal, nControl, LLC Adjunct Professor

Cryptov2 v1

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Page 1: Cryptov2 v1

Crypto v2.0

Steven C. Markey, MSIS, PMP, CISSP, CIPP/US , CISM, CISA, STS-EV, CCSK, Cloud +

Principal, nControl, LLCAdjunct Professor

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• Presentation Overview– Security Challenges– Technical Solutions = Opportunity

• Homomorphic Encryption (HE)• Stateless Tokenization

– Real-world Deployments

Crypto v2.0

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Crypto v2.0• Security Challenges

– New Technology Paradigms• Digital Currencies• Big Data

– Legacy Crypto Exists – MD5, AES 128• Big Data May Cover Multiple Crypto Deployments• BitCoin, etc. relies on ECC

– Attack Vectors• (Sensitive) Data Compromise• Wallet &/or Key Compromise

– Single (Location) Point of Failure

• Lack of Backups

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Source: Flickr

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Crypto v2.0

• Technical Solutions– (HE)– Stateless Tokenization

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Crypto v2.0

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+ =

Crypto v2.0

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Crypto v2.0

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Crypto v2.0

Source: thonky.com

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Crypto v2.0

• HE vs Multisig– HE = Parse & Match Key Values

• Keys Can Be Lost• Allows for Arbitrage

– 3rd Parties May Be Hacked – Not an issue for Colored Coins

– Multisig = N-to-1 Address to Key Association• Addresses Can Be Spoofed• Addresses Are Easier to Determine• Allows for Arbitrage

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Crypto v2.0

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Crypto v2.0

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Securing Big Data

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Crypto v2.0

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Crypto v2.0

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Crypto v2.0

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Crypto v2.0

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Crypto v2.0

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Crypto v2.0

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Crypto v2.0

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• Presentation Take-Aways– Big Data & Digital Currencies Are Here to Stay– They Have to be Secured

–Data–Keys–Objects

Crypto v2.0

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• Questions?• Contact

– Email: [email protected]– Twitter: markes1– LI: http://www.linkedin.com/in/smarkey