Prepare a list of 3 to 5 recommendations for how block chain technologies can be used to reduce risk in financial transactions. Your analysis
Learning Goal: I’m working on a cyber security discussion question and need an explanation and answer to help me learn.
Prepare a list of 3 to 5 recommendations for how block chain technologies can be used to reduce risk in financial transactions. Your analysis should include the use of blockchains to uncover (detect) money laundering and other crime related financial transactions similar to those which were discovered at Island Banking Services. Remember to use the 4 risk treatment strategies as discussed in CCISO Domain 1 Section 6.
Format your recommendations as a briefing paper that includes an introduction, your analysis of the benefits of blockchain technologies in reducing risk, your recommendations (with explanations), and a closing or summary paragraph. You should have at least 5 strong paragraphs in your briefing paper. Include citations and references (3 or more) to support your written work.
Answer preview for Prepare a list of 3 to 5 recommendations for how block chain technologies can be used to reduce risk in financial transactions. Your analysis
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