With the size of the cryptocurrency market today, combined with the number
of high profile hacks on crypto exchanges, there is a clear market need.
With crypto - related scams reported on a daily basis and
frequent high profile hacks often resulting in millions of dollars lost, it is evident that alternative actions need to be taken.
With the number of data breaches skyrocketing in recent years, and an increase
in high profile hacks dominating the headlines, there is growing concern about the impending shortage of infosec professionals required to meet increasing needs.
The need to protect sensitive customer information has been highlighted recently by
several high profile hacking incidents of customer data and by the FCA's very recent report (10/12/15) on the need for financial services organisations to do more internally to protect the flow of confidential and inside information.
With high profile hacks trashing company reputations and costing billions in legal fees and lost business, we can all improve our data hygiene.
However, the issues of security of the platform are not well articulated by the company behind the site and this could be an area of concern, given
the high profile hackings that have occurred on several other platforms.
«Indeed, the opposite holds true: in today's digital world, it appears to be a virtual certainty that computers accessing the Internet can — and eventually will — be hacked,» he writes, and then points to a series of media reports on
high profile hacks.
Previous exchanges have of course been subject to
high profile hacks; however, it is important to note that while these were cryptocurrency exchanges, they were not truly decentralized.
The history of cryptocurrency is relatively short, but in that short time, there have been
some high profile hacks.
Most of
the high profile hacks you've heard about were completely preventable.
«
A high profile hack is not good for sentiment and curtails the ability for market makers to keep an orderly market.»
For NiceHash, however, the month of December was anything but merry as the execution of
a high profile hack on December 6
For NiceHash, however, the month of December was anything but merry as the execution of
a high profile hack on December 6th resulted in the theft of over 4000 bitcoins worth an estimated $ 63 million.
There have been a number of
high profile hacks and thefts from big cryptocurrency exchanges and people have lost their entire savings as a result.