As part of the
2019 Thales Data Threat Report, intelligence company IDC surveyed 1,200 executives in November 2018, of which 100 were from U.S. Federal Government departments. It found that 47% of government respondents are already using blockchain with another 40% planning to do so. But the most shocking discovery was the appallingly low usage of encryption to secure most databases.
When it comes to storing sensitive or regulated data on blockchains, more than 30% of government users said they did so, scoring slightly higher than enterprise counterparts.
It also revealed the top security concerns about blockchain. The risks include the potential for user account credentials to be compromised, improper use of public ledger controls resulting in exposure of private data, insider risk and the compromise of an exchange provider. In the diagram below, responses from all 1,200 people surveyed are compared including enterprise executives in healthcare, retail and financial services.
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