Business Lab

Cryptocurrency Isn't Private -- But With Know-How, It Could Be

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Sinopsis

There’s probably no such thing as perfect privacy and security online. Hackers regularly breach corporate firewalls to gain customers’ private information, and scammers constantly strive to trick us into divulging our passwords. But existing tools can provide a high level of privacy—if we use them correctly, says Mashael Al Sabah, a cybersecurity researcher at the Qatar Computing Research Institute in Doha.   The trick is understanding something about the weaknesses and limitations of technologies like blockchain or digital certificates, and not using them in ways that could play into the designs of fraudsters or malware-builders. Successful privacy is “a collaboration between the tool and the user,” Al Sabah says. It requires “using the right tool in the right way.” And testing new technology for privacy and security resilience requires what she calls a “security mindset.” Which, Al Sabah explains, is necessary when assessing new technology. “You think of the different attacks that happened before and that c