Another aspect of blockchain is its capacity to keep users online identities safe
In the aftermath of the far-reaching Facebook-Cambridge Analytica data scandal and other large-scale data leaks, it is undoubtedly time to adopt a more proactive approach to protecting our identities online. Indeed, with rates of cybercrime reaching alarming new heights, nobody can afford to remain complacent. Reports indicate that, as cyber fraud becomes ever more profitable, more malware is being launched than ever before: 230,000 new malware samples per day!
Conventional identity protection methods online include passwords and two-factor authentication. Yet these methods are increasingly ineffective, with a large number of people still using very easily hackable passwords. Admittedly, biometrics has been proposed as a solution, but it’s an expensive route and hard to implement.
Control your identity
This story is from the October 2018 edition of Skyways.
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This story is from the October 2018 edition of Skyways.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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