Tech

How Secure is the BlockChain?

I want to start by asking you this very question? When you think of BlockChain what’s the first thing that come to your mind? (Comment Below)

            Survey is most likely to say Bitcoin and Crypto Currency. Why? That’s what we know it as. Recent trends I read, speak and discuss with others is BlockChain is also the safest technology out there. Its already safer than the technology out there today and it can’t be hacked.

            Let’s analyze this very statement. BlockChain is secure and can’t be hacked.

Amazon Go – Is this what full circle looks like?

How it Goes

The Amazon Go store, apart from seeming to be a tad elitist (no food stamps accepted here, or cash for that matter) is a store of Amazon grocery products functioning without cashiers, cash or checkouts.

Buyers enter the store with their downloaded QR code, Android or iPhone, almost like logging in at Amazon.com (which is where you will need to get the QR code). With this login, Amazon gets to know who is in store, or on site.

Biometrics and Identity theft

Cracking numeric-text passwords can be approached in a variety of ways and most data breaches will start with a simple phishing campaign. Even the most novice of hackers will have some idea of how to break one factor authentication passwords, which according to Verizon, accounted for over 80% of cyber security hacks in 2016, we are sure the 2017 statistics are similar. 

Measuring Online Success in Billions

After Amazon, who consistently refuses to sell Chromecast, added further insult to injury by removing the Google products, Nest Secure and E Thermostat from their listings, Google has responded in kind and removed YouTube from Fire products.

Amazon took its sweet time to release a Prime Video app for Android in the Google Play Store, only permitting this in 2017. Prior to this, users had to install Amazon’s own app store  and then install Prime Video, which still doesn’t support Chromecast.

Behavioral Biometrics

Any kind of external information is very susceptible to being stolen, whether it’s your password, your kid's birthday, drivers license, social security number - damn you Equifax!

Take a deep breath, even though there may be some justice in the swift and recent dismissal of many of the Equifax crew, we must at some level accept, we are waking up to the same predicament, regardless of any recent measures being taken.

Let's Face it, Biometrics is the Future.

The New iPhone is being promoted loudly with biometric security measures using facial recognition ID instead of passwords which seems pretty risky as many consumers just aren’t there yet, when it comes to biometrics.

There were several companies that have tried developing this feature in the past. Samsung’s facial recognition feature was circumnavigated by a picture of the person. Android had a similar feature that was easily hacked back in 2011.

Cyber Fraud in the Cloud.

Although it's taken a lot of convincing, both individuals and organizations feel more comfortable hosting their software and available services in the cloud, most noticeably, business owners find it hard to argue with the low cost- opportunities. Comparing a full suite of operational and tracking services where both clients and staff can log in, view and edit the process of current projects for $3-500 a month, with the cost per square foot in your office space, makes even the most techno-phobic of business owners perk up and listen.