Date of Award
Master of Science (MS)
Blockchain technology is a secure and relatively new technology of distributed digital ledgers which is based on interlinked blocks of transactions. There is a rapid growth in the adoption of the blockchain technology in different solutions and applications and within different industries throughout the world, such as but not limited to, finance, supply chain, digital identity, energy, healthcare, real estate and government. Blockchain technology has great benefits such as decentralization, transparency, immutability and automation. Like any other emerging technology, the blockchain technology has also several risks and threats associated with its expected benefits which in turns could have a negative impact on individuals, entities and/or countries. This is mainly due to the absence of a solid governance foundation for managing and mitigating such risks and the shortage of published standards to govern the blockchain technology along with its associated applications. In line with the “Dubai blockchain Strategy 2020” and “Emirates blockchain Strategy 2021” initiatives, this thesis aims to achieve the following: first, preservation of the confidentiality, integrity and availability of information and information assets in relevance to blockchain applications and solutions implementation across entities, and second, mitigation and reduction of related information security risks and threats; through the establishment of new information security controls specifically related to the blockchain technology which have not been covered in International and National Information Security Standards which are ISO 27001:2013 Standard and UAE Information Assurance Standards by the Signals Intelligence Agency (formerly known as the National Electronic Security Authority). Finally, Risk Assessment and Risk Treatment have been performed on five blockchain use cases; to determine their involved risks with respective to security controls appropriately. The assessment/analysis results showed that the proposed security controls can mitigate relevant information security risks on the blockchain solutions and applications and consequently protect the information and information assets from unauthorized disclosure, modification, and destruction.
Al Ketbi, Maitha Ali Mohammed Hamad, "ESTABLISHING BLOCKCHAIN-RELATED SECURITY CONTROLS" (2020). Theses. 814.