5 Tips for Protecting Your FinTech Data Assets

first_imgRelated Posts Tags:#data and security#Finance#Fintech#technology How Blockchain Changes Nowadays Business Security Ryan Ayers Nasdaq’s automated quotations in the mid-seventies and online shopping in the mid-eighties were disruptive technologies for financial field. The latest disruptive fintech innovation, cryptocurrency, is gaining popularity with consumers, businesses and governmental bodies. Large corporations and governments are particularly interested in the underlying technology of cryptocurrency called blockchain. In fact, many organizations have launched initiatives to test the feasibility of using blockchain to facilitate accurate, fast and secure transactions.The Latest Disruptive Technology in FintechWhile the future of cryptocurrency is ambiguous, past performance indicates that the high-tech financial instrument has a bright future. For instance, the value of one Bitcoin rose from $280 in 2015 to $1,000 in two short years, and by the end of 2017, the value surged to a phenomenal $17,000 per Bitcoin coin.However, the currency also is attracting the attention of cybercriminals, who see a burgeoning market with widespread security flaws. The following excerpts provide 5 helpful tips to help cryptocurrency owners protect their fintech and data assets.Tip 1: Don’t Provide Your Private Information in Public ForumsPhone porting is a technique commonly executed by cyberthieves. For this kind of attack, hackers lurk on social media platforms where cryptocurrency investors might leave sensitive information, such as phone numbers and email addresses, to connect with other investors. After acquiring a target, the hacker calls the unwitting investor’s phone service provider, poses as a victim and has the number ported to a mobile device in their possession. Now the hacker can enter the victim’s cryptocurrency exchange account, reset the password and abscond with funds as desired. Using this method, hackers can steal thousands of dollars in minutes.Tip 2: Make It Harder for Hackers to Hijack Your AccountCoinbase cryptocurrency VP of Operations Dan Romero recommends disabling SMS account recovery as an additional defense against phone porting attacks. He also recommends using a coin vault and enabling two-factor authentication for sending funds off of the exchange. When it comes to discussing cryptocurrencies in public, Romero recommends against it, especially online where anyone can target an investor for theft. It’s also a good idea to implement all available security options with your cell phone service provider, such as adding an account passcode and requesting a “do not port” order for your phone. Finally, warns the operations VP, while cryptocurrency exchanges take security seriously, they are not banks and should not be treated as such.Tip 3: Don’t Put All of Your Crypto Eggs in One BasketFor optimal protection of your fintech assets, Internet security specialist Sanjay Beri recommends diversifying digital financial holdings among several exchanges to limit investor exposure in the event of a cyberattack. Also, suggests the security expert, investors should keep their cryptocurrency stored offline in what’s called a cold wallet. This limits the access that hackers have to investors’ currency. For daily transactions, Beri recommends a separate hot wallet. In essence, remarks the security expert, a hot wallet is like a checking account, and a cold wallet is like a savings account.Tip 4: Exchange Your Currency With CautionChief Technology Officer and founder of 0x (zero-x), Amir Bandeali, recommends that cryptocurrency investors use centralized exchanges only if they make frequent transactions, and when trading tokens on platforms such as Ethereum, he suggests sticking with decentralized exchanges. The primary difference between the two, he explains, is that decentralized exchanges don’t hold users’ cryptocurrency. Unless a hacker somehow manages to acquire to a user’s private key, there’s no way for them to gain access investors’ funds.Tip 5: Don’t Forget the BasicsWhile making use of the most basic security measures seems like a no-brainer, many investors fall prey to hackers because they neglected to follow basic security measures. For instance, cryptocurrency investors should set up a separate account for each exchange. This way, if a hacker does gain access to the account, they won’t be able to poke around and access other sensitive assets. Also, investors should use strong passwords for their accounts, and keep them stored securely as a hardcopy, and only the account holder should have access to the hardcopy password list.The most aggressive hackers will search relentlessly for cryptocurrency exploits. To ensure the safety of this new and powerful financial instrument, the cryptocurrency market needs highly qualified specialists who can help investors prevent unauthorized access to their accounts. As the popularity of cryptocurrency rises, so will the need for cyber security experts who can thwart the attacks of persistent cyber thieves.Sources:University of North Dakota – Master of Science in Cyber SecurityNortheastern University – Guide to the Rise of Cryptocurrency, Digital Currency and BitcoinThe New York Times – The Evolution of Financial TechCNBC – This is how you can protect your cryptocurrencies from hackers Ryan Ayers is a researcher and consultant within multiple industries including information technology, blockchain and business development. Always up for a challenge, Ayers enjoys working with startups as well as Fortune 500 companies. When not at work, Ayers loves reading science fiction novels and watching the LA Clippers. Why is Bitcoin Soaring? Blockchain – Impending Revolution in Glob… ToyBox and PlayTable Partner Together For Block…last_img read more

5 Ways IoT can Help to Reduce Automatic Vehicle Accidents

first_imgTags:#adaptive technology#automated transport#IoT Why IoT Apps are Eating Device Interfaces Follow the Puck Professional Digital Marketer and Blogger. Contributing writer to authoritative publications online. Related Posts What it Takes to Build a Highly Secure FinTech … Do you know that about 1.25 million people lose their lives as a result of road crashes annually? It is also worthy to note that between 20 to 50 million more suffer injuries with a lot resulting in lifetime disabilities. These injuries have caused considerable economic losses to individuals, families, and nations at large.With the invention of IoT, this loss of lives and money can be reduced.IoT is an ideal software component that connects physical and everyday devices to the internet. Devices built based on IoT are capable of communicating with each other over the internet, and they can be controlled to perform different operations.IoT can help to ensure secure and safe transportation. This is because IoT systems are controlled by event-driven applications that take inputs either as sensed data, user input or other external triggers. These data are taken by different inbuilt sensors (a sensor is a sophisticated device that is frequently used to detect and respond to electrical and other signals). The user data obtained is converted into physical and measurable parameters. Examples of sensors used include a smoke detector, motion sensor, contact sensor and so on. With the help of IoT, the sensors update the data at regular intervals and send them to the administrators to notify the user in case of any dangerous change.IoT can help to reduce automatic vehicle accidents through the following ways.1. Signaling the administrators to control the activities of the vehicle:Physical condition and performances of drivers are analyzed and monitored in case of danger; the administrators are notified. With the help of IoT, drowsiness and tiredness of drivers are monitored. The blood content is also analyzed to detect the presence of alcohol.Also, the distraction of drivers is monitored. This can be accomplished through the use of face monitoring camera. The camera is a prototype embedded system and sensor technology that is used to measure vital parameters during a car ride.The camera measures factors such as head pose and blink rate. The measurements also indicate the driver’s attentiveness or excitement level. The collected information allows a conclusion to be drawn on the user’s driving behavior.Moreso, weariness, and microsleep at the wheel are often the cause of most serious accidents. However, the signs of fatigue can be detected before a critical situation arises. Driver’s drowsiness can be detected by monitoring the steering movement. In cases where driver’s drowsiness has been detected, administrators are signaled, hence the distraction warning system is enabled.2. Diagnosing the condition of the vehicle:Regulatory enforcement ensures that vehicles traversing on a particular road network are safe and reliable. With the help of IoT, vehicles can undergo real-time monitoring. Several options facilitate IoT context.The following data can be measured and recorded to know the condition of a particular vehicle:Exhaust gas temperatureAmbient temperatureGas flow velocityVehicle speedVehicle tilt angleEngine revolutionElectric currentWhen the condition of a vehicle is diagnosed and known, the vehicle will always be in good condition.This is because of notification is gotten whenever there is any damage, hence enhancing the user to repair the vehicle quickly, thus preventing an accident.3. Avoiding Collision:A vehicular collision may occur between vehicle to vehicle, vehicle to human or even vehicle to structure. Through the use of Inter Vehicular communications, a vehicle can communicate with it’s surrounding.For example, when a vehicle is moving too close to another vehicle, the user is notified of the possible collision. Through the use of IoT, a specific distance is recorded as the safe distance between the vehicle and another vehicle or the vehicle and a particular structure. Once this distance is not maintained, the driver is notified of possible danger hence calling the driver back to order and preventing accidents.4. Monitoring the location of Vehicles:Tracking system using IoT is a technology used to obtain the specific location of vehicles using special methods such as GPS navigation. The system is a known system of retrieving vehicles. This is beneficial in monitoring the location of a vehicle to notify the user of the possible danger that is ahead of them.These dangers may include frozen roads, damaged roads, or a scene of pre-occurred accidents. The overseers notify users around the danger zone to warn them of the situation of the environment. This will help to prevent accidents since the drivers are aware of the condition of the area and they tend to divert. 5. Notifying the overseers whenever the system is faulty:IoT helps to send information to the appropriate quarters. For instance, when a vehicle has been tampered with, the user isn’t always aware of this developed fault unless they are told.The information collected by the sensors installed in the vehicle is sent over the internet through the help of IoT and hence, a registered number of the user will send a notification to be aware of the condition of the vehicle. This awareness helps to prevent accidents since the user will repair the vehicle before using.ConclusionConnected vehicles through the help of IoT will help to reduce accidents. Due to its highly sophisticated mode of operation, accidents can be foreseen and prevented.A vehicle that is operating with IoT is one that can help to save lives.In years to come, the safety of road users will be assured since accidents would be a rare occurrence. Loss of lives due to faults and ignorance will be as antique as Black and White movie in the future since self-driven vehicles will soon be introduced. Sunday AdenekanDigital Marketer Trends Driving the Loyalty Marketing Industrylast_img read more

Guilt and Caregiving Go Hand in Hand

first_imgBlog post written by Mary Brintnall-Peterson, Ph.D., MBP Consulting, LLC, Professor Emeritus, University of Wisconsin-ExtensionWhen I find myself in a caregiver role, due to my husband’s chronic medical condition, feelings of guilt are often with me. When I lash out at my husband or when I don’t react in a kind and loving way I feel guilty. When I go through my list of “what ifs”, “if onlys” and “should,” guilt surfaces. I learned in a caregiver class that guilt is natural for caregivers, but knowing that doesn’t take my guilt away! In fact, I think as caregivers, we have a tendency to feel guilty when anything goes wrong. It’s natural for us to feel responsible for what is happening to our loved one, even if we have no control over or responsibility for the situation.The instructor of the caregiver class went on to explain that many times what I thought was guilt was really regret. Guilt involves saying or doing something that causes someone to be hurt or wronged. Guilt occurs when you have some responsibility or control over the situation. Regret is wishing that things or the situation could be different. It is a feeling of disappointment or distress when a situation is not the way you would like.Here’s an example – a friend called me last week and said she was feeling guilty because John, her husband who was recovering from an infection in his amputated leg, fell while she was at the grocery store. I asked her if she had caused John to fall and she responded NO. Next, I asked her if going to the grocery store made John fall? She said, “of course not” – so my response to her was “why are you feeling guilty?” I explained that she was actually feeling regret about John falling and not guilt as she had nothing to do with his fall.The class I took taught me that guilt can be a difficult and painful emotion and that too much can be harmful, therefore I need to correctly identify guilt. When I feel guilty I ask myself two questions:Is there a direct cause and effect relationship between what I did or failed to do and the resulting harm to someone?Did I do something wrong or say something I shouldn’t have said that resulted in someone being hurt?If the answer to these questions is yes, then I explore ways to react to my guilt feelings by doing one or more of the following:Admitting responsibility for what I did or said.Apologizing and/or asking for forgiveness from the person I’ve hurt, harmed or wronged.Attempting to make the situation better.Talking with a friend who can help me come to terms with my feelings by being understanding and supportive.Identifying and understanding my responsibilities as a caregiver. I try to make sure I have realistic expectations of what I can and can’t do.Focusing on what I have done that is positive, good and right. By doing this, it helps me counter balance my feelings of guilt.Learning from my experience and trying not to make the same mistake again.Realizing I am human and make mistakes, especially when I am under a lot of stress.Seeking professional help if my guilt persists and consumes my thoughts.I hope that what I’ve shared makes sense to you and is helpful as you figure out whether you’re feeling guilt or regret and how to deal with your guilt. The bottom line is that taking care of our guilt is one way, as caregivers, to take care of ourselves. You are not alone on your caregiver journey, so hang in there and remember you are doing the best you can!This MFLN-Military Caregiving concentration blog post was published on August 14, 2015.last_img read more

November 9 2016This is the third year that master

first_imgNovember 9, 2016This is the third year that master glass instructor Joshua Dopp of ‘Highway Hotshot’ Glass visited Arcosanti to teach a series of beginners courses in glass blowing and casting.Glass workshop participant Lana Morris and Josh.[photos and test by Sue Kirsch]  He taught introductory classes on October 21st, 22nd, and 23rd with additional student bench time on the 24th and 25th, and classes for small projects like flowers, ornaments or drinking glasses on the 28th and 29th of October. Here is Josh with a college and Arcosanti resident Brandon Siegl in the background. They are working on a three layer project with poco dots between the layers.Here we can see the set-up behind the Building.center_img The three layer glass project.The set-up was moved into the Vaults for the second week-ends classes, see the next posting.last_img read more