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Russian cybersecurity options firm Kaspersky has stated that it has acquired a patent from the US authorities for a Blockchain know-how that may defend private knowledge from unlawful switch and processing. The know-how could be useful for Know Your Buyer and Consumer Due Diligence service suppliers, it stated.
“Organisations can now check with transaction data within the Blockchain community to verify events’ consent to the switch and processing of private knowledge,” it stated.
“It eases the info administration course of and ensures lawful sending and processing of data. It additionally ensures authentication reliability of events concerned throughout knowledge transfers and ensures data confidentiality,” a Kaspersky government stated.
‘Methods and strategies’
The US Patent and Trademark Workplace issued a patent for ‘Methods and strategies’ for sending consumer knowledge from a trusted occasion to a 3rd occasion utilizing a distributed registry.
“Knowledge administration applied sciences are a quickly rising worldwide development. We had been concerned with creating strategies that may contribute to the security of these options,” Alexander Sazonov, inventor of the know-how at Kaspersky, stated.
“Whereas engaged on the challenge, we solved this safety drawback by offering the technical capacity to verify the switch of knowledge whereas guaranteeing the safety of data by not storing it within the blockchain,” he stated.
For different functions
This know-how may additionally be relevant in different situations, such because the trade of commerce supporting paperwork or the affirmation of staff’ authority to log out on business-to-business digital interactions.
Kaspersky’s newest patent helps service suppliers adjust to authorized necessities relating to the info security protocols they need to adhere to and ship on the commitments they make to their purchasers, Sandra Lee, Managing Director of Kaspersky (Asia Pacific), stated.
Printed onApril 13, 2022
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