How the Embedded Vault uses EOT

There are many areas where the Embedded Vault uses and will use EOT in the future, as short explanation follows.   Installation EOT is used in the installation process of the Embedded Vault.   Dynamic Key Creation: Every time the Embedded Vault or an application inside the EV is used a small cryptocurrency transaction takes place in the background and EOT is used in the process of creating the keys.   EOT Wallet: This is the most obvious use for EOT.  EOT is a very effective, fast and secure payment…

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New IoT White Paper explains Hacking Vulnerability and Solutions

With the unhindered growth and acceptability of internet globally, the revolution and evolution of its successor, Internet of Things has been massive, slowly erasing the distinguishing line between real and virtual.     This thrilling piece of technology is maturing at an unparalleled rate, connecting innumerable diversified smart objects in an all-encompassing network.   The technological ecosystem can be imagined as a three-node cycle comprising of “people” that run the ecosystem, “internet” on which the ecosystem runs and “intelligent device” that support the ecosystem.     Unfortunately  “most good things…

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Cybersecurity – Two-Thirds of Middle East Bank CEOs at Risk of Losing Jobs According to Metin Mitchell Research

DUBAI, UAE, February 14, 2018 /PRNewswire/ Two-thirds of bank chief executives (71%) in the Middle East could be at risk of losing their jobs because they are not managing cybersecurity risks effectively.   Research shows that only 29% of Middle East banks with assets of more than $10bn have a chief information security officer (CISO) reporting directly to the chief executive – a key sign among cybersecurity professionals that an organisation is taking and managing these threats seriously. More than a third (35%) of CISOs have no direct reporting line to any C-level executives.   The research was…

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