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A new blockchain platform claims to be the securest way of storing data ever. The storage is “completely self-sufficient and independent”, as it does not rely on a centralised system #SPONSORED
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Stating that cybercrime is on the rise is rather like saying the world is round. Identifying this well-known fact is no longer any great discovery. But understanding the magnitude of the problem and how it affects us as we use the internet is an important starting point. Earlier this week, the FBI’s Internet Crime Complaint Center (IC3) released their 2017 Internet Crime Report. More than 300,000 consumers reported that they were victims of malware and cyber-fraud attacks last year (with registered losses of over $1.4 billion combined). The most common types of crimes were non-payment and non-delivery, phishing scams, andPowered by WPeMatico
Oftentimes in this cutthroat world, one emerging technology replaces another. Just think about your alarm clock, Rolodex, or camera. And as for fax machines and cassette players? No one’s shedding a tear over their demise. But sometimes different technologies can actually complement each other, rather than remove and replace. Here we are in 2018, standing on the cusp of never-ending possibilities. We don’t know yet how far-reaching the implications of blockchain technology are, nor that of AI. And when these two powerhouse technologies collide, amazing things can happen (if not just a little creepy). A Tailor-Made Travel Experience If you like toPowered by WPeMatico
The Colorado Senate has passed a bill requiring state departments to consider blockchain for data protection and cyber security
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We hear a lot about wallets and exchanges being hacked. And about ICO scams and unfortunate investors waking up to zero balances. Investing in the crypto space is scary. The prospect of losing money is scary. But what about losing data? As Equifax so monumentally demonstrated, having one’s personal information wind up in the hands of hackers is no walk in the park either. So, would using blockchain make us any safer? If this is the technology with the potential to store the world’s data, how do we know it won’t be stolen by cyber criminals as well? And if blockchainsPowered by WPeMatico
The Internet of Things has its problems. Even the biggest advocate for IoT tech will admit there’s a lot of work ahead. Scalability and security seem to be major issues on the horizon, and the jury’s still out on whether blockchain can be part of the solution. Speaking to a blockchain evangelist is enough to leave one quivering with excitement about its possibilities. Cross paths with a skeptic, and the blockchain seems to be little more than smoke and mirrors. “Blockchain will reshape the future,” enthuses Drew Prindle at Digital Trends. “This blockchain buzz will die soon,” barks Dary MerckensPowered by WPeMatico
The Internet of Things is taking a while to get off the ground. And with so many high-profile hacking attacks and PR disasters affecting big players like Yahoo and Jeep, it’s hardly surprising. The Internet of Things is looking a lot more like the Internet of Insecure Things, as parents watch their children’s smart dolls being hacked and patients worry about who’s controlling their cardiac devices. According to a survey by Gemalto, a staggering 96 percent of businesses and 90 percent of consumers believe that there is a need for better security around IoT applications. Most consumers fear that hackers willPowered by WPeMatico
This week the New York State Department of Financial Services (NYDFS) Superintendent, Maria Vullo, discussed the controversial state Bitlicense, a set of regulations aimed at monitoring and regulating cryptocurrency operations. According to Vullo, the regulatory policies enacted by the former Superintendent Ben Lawsky and the NYDFS has stimulated greater interest towards licensed companies in the […]
The post NYDFS Superintendent Was Wrong — Bitlicense Severely Damaged Bitcoin Businesses appeared first on Bitcoin News.
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“In the cybersecurity industry, there’s always a new shiny ‘tech toy’ or novel approach around the corner, so it’s important to not be myopic that blockchain for cybersecurity will be akin to finding the cure for the common cold. As promising as blockchain may be, the industry is far from universal adoption,” warns Peter Tran, Vice President and Head of Global Cyber Defense & Security Strategy at Worldpay. As cybersecurity experts around the globe prepare for next week’s all-important RSA Conference, where discussion topics will include the latest threats and developments in the security industry, Tran remains skeptical about blockchainPowered by WPeMatico
Cybersecurity has become one of the biggest threats of our time, with about 7% of the world’s economic output at risk of being stolen. Blockchain technology is one solution, which is why so many new blockchain startups have appeared on the scene to tackle the issue of cybersecurity, but is that enough? Which ones are actually effective? Looking at the most protected systems in the world – such as supercomputers employed by the U.S. military – we know that real solutions exist, but they’ve been neither affordable nor accessible to the general public. Blockchain startups have been bridging the gap, with one in particular catching the attention ofPowered by WPeMatico