Cybersecurity Is A Hot Market, Bitcoin Businesses to Benefit From New Solutions
Cybersecurity is a booming business, as there have been numerous attacks and threats against Internet services in recent years. Even in the Bitcoin world, there is a constant threat to various services by hackers looking for a way to score some easy money. As a result, there is an increase in cybersecurity startups, and some of them are seeing a major success once they IPO. In recent times, there have been plenty of hacking attacks and security breaches against major services and companies all around the world. Names such as Starbucks, Target, JPMorgan Chase, the US Federal Government and....
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A new UK infrastructure deal will see Guardtime, a cybersecurity solutions collective, to be tasked with the duty of developing blockchain cybersecurity solutions for critical infrastructure installations in the United Kingdom. Guardtime, a collective of scientists, network architects, software developers and security specialists have today announced a partnership with Future Cities Catapult, a UK-based initiative that specializes in rapid 'smart city innovation' that will see Guardtime develop blockchain-based cybersecurity solutions. The task is a significant and an important one, as....
China has the world’s largest market for digital shopping, mobile payments and Internet-enabled financial services. Close to 400 mln people in China conduct most of their payments using their smartphones. China’s overall business in information technology is a market of well above $300 bln, and it is estimated that more than 700 mln Chinese have access to the Internet. So any law impacting the online space - cybersecurity included - will make ripples in the way China does business. That’s why its new cybersecurity law - due to take effect in June of next year - is particularly alarming. It....
A new innovative prototype startup powered by blockchain technology for cybersecurity has recently launched in India aimed at curbing the global phenomenon of cybercrime. Mumbai-based Block Armour was thought up by Narayan Neelakantan, former CISO and Head of IT Risk and Compliance with India’s National Stock Exchange (NSE) and Floyd DCosta, who has a background in management consultancy and spent 11 years at Capgemini. Representing a disruptive approach to reclaiming enterprise cybersecurity, Block Armour is attempting to do so faster and at a fraction of the current cost. According to....
Cybersecurity trends in 2021 involve attacks at higher rates than in the past. Centralized storage solutions are prone to plenty of data protection challenges. StorX aims to introduce users to Decentralized storage solutions with blockchain. Cybersecurity had a difficult time in 2021 with high-profile breaches such as Colonial Pipeline and Solar Winds. Aside from that, there were also dozens of other breaches that resulted in major economic and security-related impacts. Work has rapidly shifted into remote and hybrid offices, and hackers have taken advantage of this. Vulnerabilities and....
BLOCKS is an innovative decentralized autonomous organization that offers blockchain solutions to companies that need to alter their modus operandi. The core objective of BLOCKS is to help companies revolutionize the way they operate and make industries benefit from blockchain technology, considered as the future of finance. One of its aims is to migrate traditional, existing businesses onto the blockchain. The business space is undergoing a massive transformation in terms of how enterprises are run, thanks to blockchain. This technology is continually evolving, and it’s only logical....