HomeTagsecurity Archives - CryptoTechNews

http://cryptotechnews.co/wp-content/uploads/2019/06/exchange-hacks-threaten-cryptocurrency-future.png

Since the emergence of Bitcoin, loss due to theft has surpassed $1 billion. Cybersecurity’s real issues lies in the systems that have been created around the technology, such as cryptocurrency exchanges, wallets, custodians, security companies and ICO platforms, as opposed to the underlying blockchain structure. Exchange hacks have been the greatest threat to crypto security because when they occur, multiple wallets in the network are affected. Since the first digital currency exchange hack exposed the vulnerabilities of cryptocurrency transactions...

http://cryptotechnews.co/wp-content/uploads/2019/05/amazons-rekognition-1199x720.jpg

Amazon shareholders have voted down proposals of the company’s controversial facial recognition tool (Rekognition) and want to limit its carbon output over environmental concerns. The vote came in the wake of the tool having biases such as under-performs at identifying darker-skinned individuals and women, according to some researchers. In an MIT study, when identifying white men, the tool performed with 100% accuracy, but that accuracy dropped dramatically when identifying women of color, to 69%. An...

http://cryptotechnews.co/wp-content/uploads/2018/10/Robert-Morrish-Haventec-1280x720.jpg

As the amount of personal and financial data moving between networks increases, security is more important than ever. Robert Morrish, CEO at Haventec, a top cybersecurity tech company, delivers innovative decentralised security solutions to prevent and protect against account fraud, transaction fraud and information theft. Below Robert takes us through how Haventec helps businesses become more secure, the current challenges with security and the potential solution. “But today’s modern businesses look a lot more like shopping...

http://cryptotechnews.co/wp-content/uploads/2018/10/malware.png

Whilst the majority of crypto and blockchain enthusiasts are developing projects to create greater efficiencies in business and for consumers, that are also often people who are not as well intentioned. Hackers have now been discovered who are using a software developed by NSA (US National Security Agency) to attack users. A malware called WannaCry has hacked over 200,000 across the world. Read more below and stay cyber safe! Hackers are now using software developed...

http://cryptotechnews.co/wp-content/uploads/2018/08/elad-schulman-800x720.jpeg

Security is undoubtedly a top priority for any online or tech business. Needless to say that it walks hand in hand with blockchain technology.  We had a great conversation with Elad Schulman where he told about his experience and insights in the industry working with security and monitoring. “Leave the FOMO (fear of missing out) feelings behind you. In case you see a good opportunity, study it, study the team, treat it seriously.” Tell us...