Gartner Says Worldwide IoT Security Spending Will Reach $1.5 Billion in 2018

STAMFORD, Conn., March 21, 2018 – Press Release – By 2021, Regulatory Compliance Will Become the Prime Influencer for IoT Security Uptake.  Internet of Things (IoT)-based attacks are already a reality. A recent CEB, now Gartner, survey found that nearly 20 percent of organizations observed at least one IoT-based attack in the past three years. To protect against those threats Gartner, Inc. forecasts that worldwide spending on IoT security will reach $1.5 billion in 2018, a 28 percent increase from 2017 spending of $1.2 billion. “In IoT initiatives, organizations often don’t have control over…

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Amazon will soon be ringing your doorbell

  Amazon recently announced that is acquiring Ring, a startup that specializes in smart-camera-equipped doorbells for homes.     It is reported that Amazon will pay more than $1 Billion for Ring.   Ring’s doorbells are equipped with cameras and audio equipment, and they can easily work with voice-enabled smart-home devices to add to that experience and take it to the next level. You can chat with people at your front door remotely.   Amazon CEO Jeff Bezos hinted at acquisitions like this one in the company’s most recent earnings…

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EOT, a Sleeper Coin Crypto Dreams are Made of

  With the meteoric rise in the Bitcoin price, everyone is looking for the next big thing and thus we have the rise in new currencies, tokens and the ever popular ICO [Initial Coin Offering].  Traders and investors alike are looking for the “magic coin” that could make their dreams come true.   However, as with everything in life, these dreams don’t come true easily and most new cryptocurrencies will end up on the scrapheap of despair.   The Rise of Tokens and the ICO   The ease with new tokens…

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How to Install your Embedded Vault

  Cryptocurrency during the past year has soared to new highs coupled with the need to protect them. Embedded Vault can do just that. Embedded Vault is the world’s most secure cryptocurrency software wallet that can turn your PC into a secure hardware wallet.   Current Requirements for Embedded Vault: Android Smartphone with Fingerprint scanner and Bluetooth Windows PC with Bluetooth       Embedded Vault currently supports popular cryptocurrencies such as Bitcoin, EOT Coin, EOT Token, Waves and also provides an exchange between EOT tokens to EOT coins.  …

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All your Devices can be Hacked – IOT needs EOT

  In this Ted talk, computer science professor, Avi Rubin takes us on a journey of hacking that will astound you.   Implanted medical devices   The pacemaker was invented in 1926 but the real interest from a computer security perspective started in 2006 when they were given networking capabilities. Now what a research team did was they got their hands on what’s called an ICD. This is a defibrillator, and this is a device that goes into a person to control their heart rhythm, and these have saved many…

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Covert Crypto Mining hits YouTube

  Youtube users were given a shock with breaking news that YouTube serves ads with CPU-draining cryptocurrency miners.   While users are watching videos, attackers are profiting. Users tool to Social media last week to complain that their antivirus programs were detecting cryptocurrency mining code when they visited YouTube.               Monero mining:  Researchers at Trend Micro said that attackers were abusing the Google DoubleClick ad platform to display them to YouTube visitors.     The ads contain Javascript that mines the digital currency, Monero.  …

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Introducing the Embedded Vault – The World’s Most Secure Cryptocurrency Software Wallet

  LIMERICK, Ireland, Jan. 22, 2018 /PRNewswire/ – Embedded Downloads, the developers of the BitVault®, the world’s first blockchain smartphone, have introduced what they call: – “The world’s most secure cryptocurrency software wallet”     With a unique interaction between hardware, encryption and blockchain technology, the company has created a solution that they believe can mitigate much of the risk of holding Bitcoin and other cryptocurrencies without the need of purchasing additional hardware.     Dynamic Key creation – Your private keys are never stored The defining feature of this product is that the private…

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SuperCom to Develop Bitcoin and Other Cryptocurrency Capabilities for its Mobile Money Suite SuperPay

SuperPay to Support the Purchase and Sale of Bitcoin, Ethereum and Other Cryptocurrencies for Unbanked Populations.  HERTZLIYA, Israel, January 8, 2018 /PRNewswire/ SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-government, public safety, healthcare, and finance sectors, is in the process of developing various cryptocurrency capabilities for its SuperPay secure mobile money suite. Upon completion, SuperPay users will be able to purchase and sell Bitcoin, Ethereum and other cryptocurrencies.     SuperCom’s secure mobile money and mobile payments solution, SuperPay, subject to local regulation, allows users to load funds into their SuperWallet mobile…

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What was the First Product to be Bought with EOT?

Cryptocurrency is becoming more popular as a peer to peer payment system and there is no doubt that adoption will increase over time.   The utility cryptocurrency, EOT, recorded the first sale in December 2017.       How does a payment work – A transfer of funds between two digital wallets is called a transaction and this transaction is submitted to a public ledger called the blockchain where it awaits confirmation.  When a transaction is made, wallets use an encrypted electronic signature to provide a mathematical proof that the transaction is…

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An Independent Review of BitVault®, the World’s First blockchain phone

NEW ZEALAND /Guest Writer/2 January 2018 – An Introduction:- The BitVault® Blockchain communicator is a phone that provides secure calls, video calling, messaging, web browsing and storage for some of the most popular cryptocurrencies available on the market.   It uses biometric security with fingerprints and iris scanning with Third Party Independent Multilayer Security (3IMS).  A removable security key also applies extra security.   BitVault® uses the encryption algorithm Scrypt on the Blockchain where each application uses an internal Blockchain that is independent to prevent compromise. In order for this process to…

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