The security banks were under threat because of new technology

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www.vsyako.netPhoto: Sergey Mamontov / RIA Novosti

Introduction banks and financial institutions blockchain technology threatens their security, until the complete loss of control over critical resources. Write about this “Izvestia” with reference to the report of Positive Technologies.

According to experts, half of the pilot projects of banks and more than 70 percent of negotiated smart contracts vulnerable to hacker attacks.

The main risk is that even running in test mode, the projects are somehow connected with the main corporate infrastructure financial institutions. It makes possible the penetration into the main network of the Bank using the vulnerabilities in the system based on the blockchain.

According to experts of “Kaspersky Lab”, as the blockchain technology is fairly new, the experience with threats to her yet.

Banks are using blockchain technology in both test and full-fledged working projects. Among them, in particular, Sberbank, VTB, Alfa-Bank, Raiffeisenbank.

Earlier in July it was reported that Sberbank will launch a Depository system, built on blockchain technology, and the Bank of Russia is considering launching its own digital currency.

Video, photo All from Russia.

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