Smart Contract Countermeasures for Faster Cyberattack Response
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Solution Overview
Problem
Traditional methods for responding to malicious actions by business entities are slow, costly, and prone to errors, requiring significant manual effort and legal procedures, which can delay the response to cyber threats and increase complexity.
Innovation Solution
Implementing smart contracts between a business entity and official agencies to automatically execute authorized countermeasures against malicious actors, leveraging blockchain technology for secure, transparent, and auditable communication and action.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If traditional methods of cooperation between business entity and official agency are used to respond to malicious actions, then legal procedures and manual verification ensure reliability, but response time increases significantly and operational complexity increases
Solution Approach 1:
The smart contract is established in advance between the business entity and official agency, pre-defining authorized countermeasures and response protocols. When a malicious action is detected, the pre-established contract enables immediate execution without requiring real-time legal procedures or manual verification, thus maintaining reliability while dramatically reducing response time
Solution Approach 2:
The patent introduces a blockchain-based smart contract system as an intermediary between the business entity and official agency. This intermediary automatically executes authorized countermeasures according to pre-defined terms, eliminating the need for slow manual legal procedures while ensuring that actions are still authorized and traceable, thus resolving the contradiction between reliability and response time
2Reliability
If traditional manual procedures are used for countermeasure execution, then proper authorization and legal compliance are ensured, but operational complexity and costs increase
Solution Approach 1:
The smart contract system enables self-service execution of authorized countermeasures. The contract automatically verifies authorization compliance and executes predefined actions without requiring manual legal procedures or complex operational workflows. The blockchain ledger automatically records all actions for auditability, thus maintaining authorization compliance while significantly reducing operational complexity
Solution Approach 2:
The patent replaces manual mechanical legal procedures with automated blockchain-based smart contract execution. The smart contract automatically verifies authorization, executes countermeasures, and records transactions on the blockchain, eliminating complex manual legal workflows while ensuring proper authorization and compliance through cryptographic verification and immutable recording
3Productivity
If smart contracts are used to automatically execute countermeasures, then response time decreases and efficiency increases, but system complexity increases
Solution Approach 1:
The smart contract system serves multiple functions within a single unified framework: it stores authorization terms, detects malicious actions, executes authorized countermeasures, and records all transactions on the blockchain. This multi-functionality consolidates what would otherwise require separate complex systems into a single streamlined platform, thus improving response efficiency while managing rather than increasing overall system complexity
Data Source
AI summary
A system for a business entity is disclosed that is configured to execute an authorized countermeasure against a malicious actor via a smart contract in response to the system determining that the malicious actor has performed a malicious action. The system determines that a smart contract established between the business entity and an official agency defines an authorized countermeasure to be performed in the event of the malicious action. The system also determines that the malicious actor has performed the malicious action on the business entity. In response to the determination that the malicious actor has performed the malicious action, the system executes the authorized countermeasure with respect to the malicious actor, which may include one or more of a ransomware attack, a malware distribution, a beacon, a Distributed Denial of Service attack, a destruction of data, an encryption of data, a tokenization of data, or a scrambling of data.