Tagged: security

Blockchain Devs at Qtum Explain How they Achieve High Scalability Without Sacrificing Decentralization

Scalability has been the “hottest topic” in the crypto space during the past few years, the team at Qtum notes in a recent update. Qtum‘s developers write in a blog post that they have seen several projects “adopt a centralized stance just to speed up… Read More

HYPR, a Company Reimagining Authentication with True Passwordless MFA, Achieves SOC2 Type 2 and ISO 27001 Compliance

The team at HYPR reveals that they’re pleased to confirm that they’ve successfully completed SOC 2 Type 2 and ISO 27001 compliance and audit initiatives “along with obtaining ISO 27017 and ISO 27018 compliance certifications.” As noted by its management, HYPR allows customers to finally… Read More

Mark Fiebig: Founder at The Closing Docs Reveals How their Automated Income Verification Solution Helps Property Managers

We recently connected with Mark Fiebig, Founder at The Closing Docs, a firm offering automated income verification for property managers and lenders. As explained by the company’s management, The Closing Docs provides an automated income verification tool that positions property managers and lenders to “make… Read More

Crypto.com has Allegedly Lost Over 172 BTC, 4,831+ ETH Valued at a Total of $22.5M via Recent Breach: Report

The Sentinel Protocol team, which is operating a platform leveraging blockchain technology in order to harness collective cyber security intelligence to protect crypto assets against hackers, scams and fraud, has provided an update regarding the suspicious activity incident involving Crypto.com. Through their team’s preliminary analysis,… Read More

Over 50 Forked Binance Smart Chain (BSC) Projects Are Potential Rugpulls: Report

Fork

A CertiK security analysis has found that over 50 so-called decentralized finance (DeFi) and non-fungible token or NFT projects may have “critical” vulnerabilities. CertiK wrote in a blog post that they “feel obligated to share these insights” with their community members. According to the blockchain… Read More

Digital Identity Verification Firm Trulioo Shares Common Use-Cases for ID Verification

Trulioo, the international identity verification firm, notes that ID verification has three primary use cases: “achieving compliance requirements, reducing fraud and building trust and safety.” Trulioo explains in a blog post that depending on your business and where you operate, you might “prioritize a particular… Read More

Bitcoin focused Tech Firm Casa Comments on Major Privacy and Security Issues Experienced in 2021

The team at Bitcoin-focused firm Casa recently shared some notable privacy and security stories from last year. Casa wrote in a blog post that as technology continues to make advances, the world of privacy and security changes along with it. The end of 2021 saw… Read More

HYPR Explains How their True Passwordless Security Helps Enable Compliance with Salesforce MFA Requirement

Salesforce is reportedly requiring clients to implement multi-factor authentication or MFA by February 2022. Salesforce, the world’s largest customer relationship management (CRM) software provider, assists organizations with increasing their revenue and enhance their customer experience. But the vast quantity of high-quality data (like personal and… Read More

Using Quantum Tech to Exploit Bitcoin (BTC) Protocol May be Theoretically Possible, but Quite Challenging in Practice: Report

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes that advances in quantum computing are “stoking fears” that Bitcoin’s wallet structure is “vulnerable to exploits,… Read More

SlowMist Releases Comprehensive Blockchain Security Industry Review, Global Losses Surpassed $10B

SlowMist has shared their review of the blockchain security industry in 2021. The blockchain security firm reveals that international losses for the sector surpassed $9.8 billion. As mentioned in the update from SlowMist, 2021 was a year of “ups and downs” for the blockchain or… Read More

Payments Fintech Adyen Reveals How It Addressed Log4j Critical Vulnerability

It was an eventful week for the Java Ecosystem and the Open Source communities: on December 9, 2021, a critical vulnerability was found in the widely-used Java Logging framework Log4j (version 2). The team at payments Fintech Adyen has shared details on some of the… Read More

India’s Payments Fintech Paytm Introduces Tokenization Solution for Online Credit and Debit Card Transfers

In order to ensure the safety and security of the payment system, the Reserve Bank of India (RBI) has expanded the tokenization facility from an earlier version/framework to Card on File Tokenization (COFT). Virtual payments Fintech Paytm has now introduced a tokenization solution for online… Read More

ID Verification Platform Trulioo Reports that 87% of Compliance Professionals Say Digital Identity More Important Now Following COVID Outbreak

Following a massive $394M Series D round earlier this year to establish the foundation for greater financial inclusion, international ID verification Fintech Trulioo is “strengthening pathways to create a more inclusive and trust-oriented digital economy,” according to an update shared with CI. With the ability… Read More

Milestone: BitGo Surpasses $700 Million of Total Crime/Excess Specie Insurance Capacity

      BitGo, a digital asset financial services provider, announced earlier this week it has surpassed $700M of total Crime/Excess Specie insurance capacity. The company reported that in 2020, it claims it became the first digital asset custodian to offer clients the ability to… Read More

Blockchain Security Company CoolBitX’s Sygna Bridge & Elliptic Releases API Solution to Facilitate Private Wallet Transaction Information Discovery

  CoolBitX, a Taiwan-based blockchain security company, announced on Wednesday its products, Synga Bridge and Elliptic, have released an API solution and service to facilitate private wallet transaction information. According to CoolBitX, the Wallet Address Filter API is fully operational and ready for use as… Read More

Security & Compliance Automation Platform Adlumin Secures $6 Million Through Series A Funding Led by Leawood venture Capital

Adlumin, a security and compliance automation platform,  announced on Tuesday it secured $6 million through its Series A round of funding led by Leawood Venture Capital with participation from various other institutional sources, including The Independent Community Bankers of America (ICBA). Founded in 2016, Adlumin… Read More

Ethereum Classic (ETC) Suffers Yet Another 51% Attack, Major Changes Needed to Improve Blockchain Platform’s Security

Ethereum Classic (ETC), which only has about 3% of the total hashpower (computing resources securing blockchain networks) that’s currently being used to secure the much larger and arguably more secure Ethereum (ETH) network, recently experienced another serious 51% attack. These types of attacks can occur… Read More

US Secret Service Establishes Cyber Fraud Task Force to Combat Financial Crimes Conducted via the Internet

The US Secret Service, a federal law enforcement agency operating under the Department of Homeland Security and responsible for conducting criminal investigations and protecting the country’s leaders and their family members, has established the Cyber Fraud Task Force (CFTF). The CFTF has been formed after… Read More

Privacy-Focus Product Brand Kangaroo Now Seeking Funds Through Reg CF Campaign on Republic

  Kangaroo, a smart home security company, is now seeking funds through its regulation crowdfunding (Reg CF) campaign through funding platform Republic.  Founded in 2018, Kangaroo states its security systems have a singular aim of making the world safer. The company notes it wants to… Read More

Chainalysis Announces Expansion of Series B Round to $49 Million With New Investment From Ribbit Capital & Sound Ventures

Blockchain security and analytics firm Chainalysis announced on Tuesday it raised an additional $13 million to expand its Series B round to $49 million with an investment from Ribbit Capital and Sound Ventures.  Founded in 2014, Chainalysis claims it offers cryptocurrency investigation and compliance solutions to global law enforcement… Read More

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