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Monday, 03 December 2018 16:01

ARTICLES ON SECURITYLAB.RU

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The leading information security portal SecurityLab.ru has published a note - Cryptocurrency on guard - Sentinel Protocol (2018/11/29).

While the basic technology of Blockchain has already earned an excellent reputation for its high level of security, cryptocurrency assets continue to be stolen daily. Cryptoexchange and wallets today have limited capabilities to prevent users from receiving or sending cryptocurrency funds to malicious addresses or to detect malicious URLs associated with phishing and malware.

The rapid development of computer technology in the 21st century has led to the manifestation of complex and intellectual threats that hinder the further introduction of innovations. Although the essence of cryptocurrency is decentralization, it has also become their biggest weakness. Since in a decentralized cryptocurrency system there is no protection against threats, the burden of security still falls on the shoulders of individuals and corporations. The Sentinel Protocol eliminates the disadvantage of decentralization, turning it into a security advantage. Using the collective intelligence, created by using the decentralization capabilities, Sentinel Protocol combines cryptographic functions and intelligent threat analysis algorithms to create a safe innovation ecosystem.

Let's take a closer look at the Sentinel Protocol platform. So, there are three main security issues that the average cryptocurrency user faces: the first problem is that ordinary users are too easily compromised. The second problem is that, although attackers can often identify victims, users cannot easily identify them. Finally, the damage caused by the attacking users is their personal responsibility...

Source: SecurityLab.ru

Source: K4Y0T Project.

Tuesday, 13 November 2018 13:46

ARTICLES ON SECURITYLAB.RU

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The leading information security portal SecurityLab.ru has published a note - Fighting cryptocurrency crime (2018/11/12).

The rapid development of technology promises not only great profits, but also carries significant risks. The situation with the fraud associated with the turnover of cryptocurrency and tokens (other digital assets) is aggravated.

As soon as platforms began to emerge expertise in the field of combating cryptocurrency fraud. Such as platform Crystal Blockchain.

Crystal is the result of two years of work and development by Bitfury Group’s development team. Consisting of world-class blockchain analysts, award-winning mathematicians and professional software developers, united by the idea of using Blockchain technology to build a better, secure future.

They turned this idea into reality, developing best-in-class blockchain solutions for people all over the world ... The results of current investigations and team research are available...

Source:  SecurityLab.ru

Source:  K4Y0T Project.

Thursday, 01 November 2018 11:10

ANALYTICS ON SECURITYLAB.RU

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On the leading portal for information security, Security.Lab.ru published an analytical note - Countering cryptocurrency fraud (2018/10/29).

In the new industry, the use of distributed ledgers and cryptocurrency turnover, a significant number of problems. The industry is still poorly regulated. Some of them are: current global losses from cybercrime - more than $ 500 billion; fraud world losses - more than $ 50 billion; global cybersecurity costs - more than $ 86.4 billion; ten percent of funds for ICO plundered by fraudsters (phishing) - $ 388 million.

Thus, according to PwC, as of August 2018, 15% of companies have already implemented blockchain technology. The growth of a programmable economy is expected to reach $ 3 trillion by the year 2030. In this regard, the fraud has moved into the cryptocurrency sphere, and almost reached its peak...

Source: SecurityLab.ru

Source: K4Y0T Project.

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