Assessing Resilience in Smart Contract Security: A Proactive Approach to IP Blacklisting

Abstract

—The European research project GHOST challenges the traditional cyber security solutions for the Internet of Things (IoT) sector by exploiting novel technologies, such as blockchain, to provide resilience and integrity of decision making on the communication exchange in a smart home context. When it comes to novel cyber security solutions for extremely heterogeneous environments like IoT and smart homes, the key focus is typically given to the understanding of network activities and elimination of suspicious traffic. The GHOST project adds an extra dimension to this approach by integrating blockchain technology at its core decision mechanism. On a daily basis, each GHOST installation is encountering malicious behaviour and suspicious IoT communications, where easy information sharing with other installations, as well as decentralised decision making, are mandatory features for the efficient protection of the end-user. GHOST’s Smart Contracts (SC) are designed to tackle in an easy, yet productive way, the reporting on suspicious IP addresses which the IoT devices in a smart home are trying to communicate with. Two variations of blacklisting smart contracts are presented in this paper, covering a diverse spectrum of possible attack vectors while closely following the Privacy by Design (PbD) principles. A reputation scoring scheme for malicious IPs reporting is integrated in the SC, uncovering the implementation details on the penalisation of existing entries in case of malicious behaviour of reporting devices