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Bitcoin SV Dips 33% amid Altcoin Season Bust and More Losses are Coming – newsBTC

The altcoin market is bleeding red and Bitcoin SV (BSV) is its most injured pawn.

The fifth-largest cryptocurrency on Monday slipped by circa 10 percent to establish a new intraday low at $256.66. The move downhill came as a part of a larger bearish correction that started last week when BSV was trading at $382.70.

Bitcoin SV loosening its grip on bulls | Source: TradingView.com, Coinbase

As usual, traders used the said local top for profit-taking and the price dipped by 33 percent so far into the retracement. But on a larger scale, BSV was trading about 44 percent lower from its all-time high at $458, established in January 2020. That left traders under the impression that the coin could be under the risks of further bearish crackdowns.

Part of the reason why Bitcoin SV slipped overwhelmingly can be laid on the altcoin market bust.

Ethereum, XRP, Bitcoin Cash, Litecoin and more than 5,000 other crypto assets fell in tandem to register a $23.84 billion crash in the last three days. A similar move ensued in the bitcoin-denominated markets. Bitcoin SV, for instance, lost 23.86 percent of its valuation against the top cryptocurrency.

As a result, Bitcoin regained part of its lost dominance over the cryptocurrency market albeit slipping itself by 7.76 percent within the same timeframe. The cryptocurrencys market cap against rival altcoins surged from 61.98 percent on Friday to 65.449 percent on Monday, showing that an otherwise overbought Bitcoin SV was under the risks of facing major plunges.

Early signs of a bullish reversal on Bitcoin Dominance. Altcoins will be destroyed if this gets back up to 68 70% again, said market analyst Elixium.

Technicals aside, other catalysts also played an influential role in driving BSV prices down.

Earlier last week, for instance, the number of unconfirmed transactions on Bitcoin SV blockchain spiked dramatically, leading to its networks mempool rising by 400 times. In retrospect, miners were unable to pick up transactions owing to unfound network errors that ended up straining the Bitcoin SV blockchain.

The mempool spike followed a grave issue faced two weeks ago by the Bitcoin SV miners. So it appears, the blockchain was struggling to differentiate between its own nodes and the ones that belonged to its forked cousin Bitcoin Cash. The error ended up linking many of BSV nodes to that of Bitcoin Cash.

Low trading volumes and thin order books also make BSV prone to crashing further. According to Simon Peters, a research analyst at eToro, the cryptocurrencys 300 percent upside move in January looks unsustainable against poor trade metrics. Therefore, it could be due to a deep plunge.

As of now, Bitcoin SV is targeting $241 as its next downside target.

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Bitcoin SV Dips 33% amid Altcoin Season Bust and More Losses are Coming - newsBTC

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Here’s Why Even as a Bitcoiner you Shouldn’t Ignore Ethereum – Bitcoinist

Ethereum (ETH) is on a rising spree in 2020 w.r.t price. But its network is also established and increasingly proving quite significant.

BTC blogger, Sylvain Saurel, looked at the reasons Ethereum is here to stay, and why Bitcoiners should not diss the project outright. Saurel believes Bitcoin (BTC) remains unique, but there are also good reasons to start owning at least some ETH tokens.

In 2020, Ethereum already has a large and well-established ecosystem, with Maker (MKR) alone showing the potential for decentralized finance. This gives a boost to ETH, as the combined market capitalization of all projects is even more significant, and competes with the market cap of BTC.

Saurel also believes ETH prices reflect the overall sentiment of the entire altcoin market and serve as a proxy for overall altcoin investment.

By buying and then hodling ETH from Ethereum, you ensure that you benefit from the significant potential success of many Altcoins based on Ethereum, he explained.

Instead of being spread to many illiquid altcoins, owning ETH may be a way to get exposed to any unpredictable altcoin season gains.

ETH is also a leader in the distributed app space, and thus, owning the token gives exposure to the growth in that sector. Granted, growth has been relatively slow, and there is yet to be a killer app to compete in the mainstream space. But owning ETH is a tool to potentially benefit from the growth of unexpected winners in the dApp space.

The dApps market is expected to grow in the future. The fact that Ethereum is a hegemonic leader in this field is another reason why you should seriously consider Ethereum for the future, wrote Saurel.

A special class of distributed apps, the Defi space, is also highly promising. The space depends entirely on the Ethereum blockchain for its tokens and smart contracts. ETH as an asset is also highly important, as collateral and in pairings within decentralized exchanges. Growing activity in that space may regenerate demand for ETH, which fell after the ICO craze washed away.

Defi is still a young and risky sector, as seen by the latest exploits in smart contract logic, which led to fast gains for the attacker. But Saurel believes the centrality of ETH is a good reason to add the asset to ones portfolio.

The upcoming ETH 2.0 ecosystem, which will allow the staking of coins, becomes the last reason to avoid ETH just for the sake of being a Bitcoin maximalist. Since its ICO and the initial stages of trading, ETH has established itself as one of the most powerful and long-running projects in the crypto space and has overcome multiple setbacks. Now standing at $260.63, ETH is also reigniting interest as once again entering a growth stage.

What do you think of the potential of ETH to fulfill uses beyond Bitcoin? Share your thoughts in the comments section below!

Images via Shutterstock, Twitter: @ssaurel

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Bit-comment: Bitcoin does not keep up with the altcoin”s rebound – MENAFN.COM

(MENAFN - FxPro) On the crypto market, we are witnessing quite a rare phenomenon when altcoins bounce back 5-18% after the slump, while Bitcoin barely started to grow. At the moment, the benchmark cryptocurrency is trading at around $9,800. The minimum point was at $9,500, where Bitcoin got the support of the buyers. However, it was not so impressive, as BTC failed to return above the threshold $10K level.

Crypto Fear & Greed Index rose by four points over the last 24 hours, though it remains in the "neutral" zone. The RSI halted its decline from the overbought territory. So far, the altcoin season is still in question.

Judging by the sharp jump in volatility, market participants suggest that all this may be an attempt of "whales" to squeeze out the weakest traders. Besides, the negative sentiment may have been affected by the statement of US Treasury Secretary Mnuchin on significant changes in the regulation of the crypto sector.

The FxPro Analyst Team

MENAFN1802202001560000ID1099720387

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Heres Why Litecoin Is Leading The Rise Of Altcoin Dominance – ZyCrypto

Altcoins have started this year on a strong note. The cryptocurrency market itself also started very well with most of the digital coins performing as expected with regards to major developments expected to happen. This, however, does not take away the fact that relatively smaller coins in the market are putting up a fight for a place at the top.

Many altcoins, including Tron, Ethereum, Stellar Lumens, Cardano, XRP, are all having a strong year regardless of the loss most endured within the last 48 hours. However, one altcoin which has been a stand out in this journey for supremacy is Litecoin.

The digital coin was tipped by many experts to break the $100 barrier within the first five months of the year. After its anticipated halving in August 2019 which was expected to have a positive effect on its price backfired, the coin lost almost 60% of its value.

LTC started the year, trading at $41.12 and gradually made its way to its current price which is $76.95 (at the time of the writing). Litecoin just like the other altcoins, also saw its price decline over the last 48 hours, losing about 5.28% over that course. The coin started the day hovering around the $76 mark and within 3 hours of trade, rose to reach $80.51 mark, before plummeting to its current price. This unstable price action within the past few days according to experts doesnt demonstrate a firm bull run which Litecoin was projected to undertake, even though the crypto market is in reds.

Litecoin has taken over the tourism-related field and is now one of the widely accepted digital currency by several travel and accommodation service providers. This development highlights Litecoins potential as a payment method, and further strengthens its underlying design which is to facilitate payments globally. Litecoins adoption rate against merchants is also high, a development that may be potentially behind the projected bullish trend for the digital coin.

The Litecoin Foundation also partnered with Cred a few weeks ago, in a deal that will offer Cred customers the option to lock their funds with the provider to earn a 10% percent rate annually. Cred, a global cryptocurrency-based borrowing, and the lending firm will now allow LTC holders to lend their digital coins at very lucrative rates, and in so doing increase the number of LTC holdings as well as investors.

The year might be early to make conclusions on this wildly volatile market but Litecoin with its current performance and several developments to back it might finally put up the performance investors have always wanted.

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Ethereum max out till date – BTC Wires

Feb 19, 2020 06:00 UTC

| Updated:

Feb 19, 2020 at 06:00 UTC

By Rajat Gaur

We all know there has been a lot of interesting debacles that are arising in the cryptocurrency space, so is simultaneously the profits each of the cryptocurrencies are earning. There are a lot of factors that make the cryptocurrencies to reach their max payout and one of the most underlying reasons is the market adaptability to new concepts like the blockchain technology.

The company is back on its feet

There are a lot of companies that invested a fortune and luckily they have been so far happy with the investments they have made. So must be the investors who had their investment rants on the most famous altcoin known to the crypto space, Ethereum.

It has been raining cats and dogs in the profit margins of Ethereum as the altcoin influencer marks the most successful trading in the year start. Such a glorious trade point is definitely showing signs of sunny days ahead for the altcoin.

The magic numbers

The trade value grossing at $273.77 on the scale boosted up the overall average weekly gain to a significant 25% and above percentage. The cause and effect phenomenon came into the picture as the value of BTC took the down road to 61%. The magic numbers do not stop there, the daily trading value of Ethereum crossed the $26 million mark making it a huge record for the year.

The other competitive altcoin tried to catch up with the pace but ended up catching the trail left behind Ethereum. This means that there are a lot of head points that may serve the favor of altcoin.

Other Altcoins that are existent in the space try to make the best out of what is left. With huge valuations expected to churn out from the trade sheets, there is a huge probability that the market for such altcoins are sure in for a joy ride.

Looking at the current stats of Ethereums performance, it is little more than amusing to know that the altcoin would be free out of the dry spell for a few months from now as well. The utility factor of the coin will see a fervent increase to make sure that there is steady utilisation factor of the coin in the transactions that they make. This all will result in the bounce back trajectory path of the coin after all that it has been through.

Steadiness in the performance graph also opens market for new investors and that directly boosts the performance of the Ethereum 2.0 testnet which will be a good base for establishing solid grounds.

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Veteran Analyst Warns of XRP Crash to $0.20 as Price Stumbles – Ethereum World News

As Bitcoin has collapsed over the past day, so too has Ripples XRP.

Since peaking at around $0.34 last week on the back of FOMO buying, the popular altcoin, the third-largest cryptocurrency by market capitalization, has plunged as low as $0.26 a drop of around 25%. Ouch.

While the cryptocurrency has already plunged heavy, underperforming Bitcoins relatively measly 10% loss, a top analyst is fearing that more pain is on the horizon.

Legendary commodities trader Peter Brandt recently remarked that XRP is in the midst of forming a potentially extremely bearish chart pattern: a head and shoulders top, marked by two shoulder-like price action and a blow-off top.

Brandt remarked that should this textbook pattern play out, the cryptocurrency could fall to $0.2071 around 23% lower than the current market price around $0.27 for that is where the measured move for this pattern lies.

Should XRP fall this low, that would mean bulls would be put back to the drawing board, for the cryptocurrency would have broken through the crucial daily and weekly support around $0.27.

While a strong drop in something like Ethereum would normally be accompanied by a plunge in Bitcoin, XRP can move independently of the market leader due to certain market dynamics; indeed, in 2019, the altcoin fell 50% against the U.S. dollar, dramatically underperforming Bitcoins 94% yearly performance.

That means for this bearish pattern to unfold for XRP, it isnt a necessity for Bitcoin to fall that much lower than it is now.

While Brandt is warning (not predicting) of a potential crash in the altcoin, there are some sure the asset remains bullish, citing a confluence of technical analysis trends.

Financial Survivalism, the trader who called Bitcoins surge to $9,200 by mid-January weeks in advance, almost nailing the timing and magnitude of the move, said that XRP could be forming a medium-term bull trend.

In a tweet published Tuesday, he posted the below chart, showing that he expects the price of the cryptocurrency to rocket towards $0.70 160% above the current $0.27 price in the coming months.

Financial Survivalism backed this lofty forecast by looking to a few factors on the long-term chart of the cryptocurrency: the Heiken Ashi candles have turned green on a weekly basis, implying reversal, the cryptocurrency has turned a key horizontal into support, and it has broken above a falling wedge pattern, adding to the bull case.

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The best antivirus protection of 2020 for Windows 10 – CNET

We should all know the rules of how to protect our privacy and internet security and keep Windows secure: Don't open mysterious messages and emails, don't give out personal information, don't tap questionable links or download apps from shady sites, use secure passwords, and keep your Windows software up to date.

You can also take a few extra internet security steps to make sure you're safe online with a PC: Use aVPNto protect your internet traffic, apassword managerto keep track of login credentials, and anend-to-end encrypted messaging appto keep people from spying on your communications.

But if you are looking for legitimate software to keep your Windows device secure, a good first step is to run the best antivirus software. The best antivirus suite and antivirus tools monitor your app downloads and watch for malicious software and suspicious software behavior.

And here's the first important thing for you to know about the best antivirus software and antivirus products: Microsoft Defender -- the free antivirus program and internet security software that comes free withWindows 10 and until recently was called MicrosoftWindows Defender -- does a fine job of protecting your PC and providing internet security. (Amazingly, Microsoft provided no built-in protection for Windows back in the days of Windows 98 and XP.) Using Microsoft Defender should be your starting point for the best antivirus security on Windows, and most users will find they don't need to go any further.

However, you can make the case that the Windows security ecosystem is healthier when users don't depend on just one company for protection from a virus or malware. If you favor robust platform diversity, you can easily find solid virus or malware protection from third-party security companies that are up to the task of guarding your PC for free. And most let you also protect all your devices with an annual subscription -- though, it's important to note, that's largely unnecessary outside the Windows realm.

To that end, we've put together a list of the best antivirus products for Windows, encompassing both free antivirus programs and subscription options. These picks of the best antivirus programs are a combination of recommendations from independent third-party labs AV-Test and AV-Comparatives and our hands-on testing.

Note that the free and paid security services discussed here are independently chosen by our editors. We're in the process of updating this full list, so check back before the end of the year for an update.

Update, October 21: This list previously included Avast's antivirus as an alternate free choice, but we've pulled that recommendation in light of a report fromAvast that its internal network was breached this year, possibly to insert malware into its CCleaner software. This is the second such security issue from Avast in under 3 years.

Looking for free antivirus protection or virus detection, willing to pay for broad antivirus coverage across all your devices, or needing to remove a virus ormalware from your PC right now? Here's where to start.

Free version? Yes, built into Windows 10

Paid version:Windows Defender Advanced Threat Protectionis available to corporate users for a fee

Honestly, if you consistently practice safe computing -- you keep your software up to date, you use strong passwords (with the help of password manager) and you steer clear of unexpected emails and links -- you probably can stay clear of zero-day attacks and ransomware attacks. And with Microsoft's free Microsoft Defender Antivirus software running on Windows 10, you have a safety net if you do let your guard down. (Note that Microsoft recently changed the name of Windows Defender to Microsoft Defender and has expanded the service to other platforms.) This antivirus program is literally built into Windows -- just leave it turned on (it is by default) and let it do its thing and this will cover the basics. Microsoft pushes new updates daily.

Read more: The best password managers and how to use them

Platforms:Windows 10 plus MacOS, Android, iOS

Cost:$100 per year for five devices, on sale for $60

For a long time, respected security company Norton Security from Symantec, now called NortonLifeLock, hasearned high marksfrom AV-Test for virus and malware detection. A five-device subscription via Norton Security is normally $99.99, but you can sign up for $59.99 to get coverage across PCs, Macs, Android devices, and iPhones and iPads. (But note, again, that we don't think antivirus protection is terribly useful outside the Windows realm.) In addition to malware and virus protection, you get 100GB of automatic backup to the cloud, safe-browsing tools, a VPN, an easy device management via a web-browser console and LifeLock identity-theft protection.

Read more: The guide to password security (and why you should care)

Platforms: Windows 10 plus MacOS, Android

Free version? Yes, after 14-day trial expires

Paid version: $40 per year for one device, $60 per year for three devices

Malwarebytes does protect your PC from a virus or malware, scoring well in recent independent testing for guarding against malware infections. But that's not really what Malwarebytes is known for. If you find yourself in trouble, the go-to disinfectant for many is Malwarebytes. You can get protection and disinfection for one device for $40 a year. To cover 10 devices -- any combination of Windows, MacOS and Android -- it's $130. To get the free antivirus version, download this trial version, which "downgrades" to a no-fee on-demand cleaner with fewer features that detects and removes viruses and malware when you run an on-demand scan.

In addition to the three antivirus apps we recommend above, a handful of other anti-malware tools are worth considering among the best antivirus protection if you find them at a better price or prefer to use one over our picks above.

Platform: Windows

Free version?Yes

Paid version:$80 per year for three PCs; $120 Family Pack per year for 15 devices

If you'd like to take a step up in securing your PC without taxing your wallet, it's hard to beat Bitdefender's free anti-virus software for Windows 10. The Windows security software offers real-time monitoring for viruses, malware and spyware and ransomware protection. Bitdefender Antivirus Free Edition is easy to set up and stays out of your way until you need it. And the protection it offers is solid. Bitdefenderconsistently earns top marks for its antivirus protection and usability from the respected AV-Test independent testing lab. The free antivirus version covers one Windows PC. For broader protection, Bitdefender Internet Security is $80 MSRP and available at the moment for$45. It lets you protect three computers, set up parental controls on a kid's computer and run a VPN. To protect every device you own, the Bitdefender Family Pack can secure 15 total device -- Windows, Android, iOS and MacOS -- in your home for $120 MSRP and discounted to$60right now.

Read More: This is the best free password manager

Platforms:Windows 10 plus MacOS, Android, iOS

Cost:$120 per year for 10 devices, on sale for $45

It feels like the company has been around forever, first on its own in the '80s, then as part of Intel starting in 2010, and then again on its own when Intel spun it off in 2017. And it's been around forever because quarter after quarter it creates solid security software that protects your PC. (In recent evaluations by AV-Test it had perfect scores on detecting 0-day attacks and blocking current widespread viruses and malware.) McAfee Total Protection guards against viruses and offers ransomware protection, wards off shady websites, includes a password manager and lets you manage all your protected devices through web console. A 10-device subscription is normally $120 MSRP, but currently is $45 for any combination of Windows, MacOS, Android and iOS devices.

Platforms:Windows 10 plus MacOS, Android, iOS

Cost:$90 per year for 10 devices, on sale for $50

Maybe not as well known to consumers because of its focus on enterprise security, Trend Micro quietly brings its business expertise to the home with its Trend Micro Maximum Security tools. Trend Micro's software earns high marks fromAV-Test-- scoring 100 percent of detecting 0-day attacks and widespread viruses and malware. And Trend Micro does a good job of not taxing system resources. Trend Micro's 10-device subscription for computers and mobile devices is $90 MSRP but discounted currently at $50.

Read more: This is the browser you'll want if you care about online privacy

Platform:Windows

Cost:$59 per year for three PCs

If you are looking for something easy to set up and use, ESET NOD antivirus may meet your needs. It earnstop scoresfor usability and offers solid virus protection. And its Android antivirus gets top marks in third-party tests.

Because the company has been in the news the past few years, let's talk about Kaspersky Lab -- specifically about the federal ban that blocks US government agencies from using Kaspersky products.

Based in Moscow, Kaspersky Lab has for years produced some of the best antivirus software for business antivirus needs and home customers. But in 2017 the US government prohibited Kaspersky software on federal government computers because of alleged ties between Kaspersky and the Russian government.

Notably, the ban does not apply to its consumer products. But, like China-based Huawei, the question remains: If the federal government doesn't think the products are safe enough for its own devices, should consumers avoid it as well?

In a statement sent to CNET, the company said, "Kaspersky Lab has no ties to any government, and the company has never, nor will ever, engage in cyber offensive activities. Kaspersky Lab maintains that no public evidence of any wrongdoing has been presented by the U.S. Government, and that the U.S. government's actions against Kaspersky Lab were unconstitutional."

In Kaspersky's favor, it continues toearn top scores and awards for virus and malware detection and endpoint security from independent testing labs. And it's reasonably priced, with basic antivirus protection for three devices running $30 a year, or blanket protection for 10 devices -- with Kaspersky Total Security -- for $75 a year. In comparison, the Webroot SecureAnywhere AntiVirus program costs $37.50 per year for three devices -- and a single device on Webroot SecureAnywhere AntiVirus costs $30 a year.

In the end, even though no one has ever publicly produced a "smoking gun" linking the company to Russian intrigue, we think any of the options listed above are a safer bet. And, if you are a US government employee or work with the federal government, you'll want to steer clear of Kaspersky.

Picking the best antivirus software for Windows means finding one that keeps your PC safe, doesn't take up a lot of system resources, is easy to use and stays out of the way till you need it. Here's what to look for.

Effectiveness. Antivirus scans for a known virus and malware, of course, and can offer real-time protection. And it watches for shady websites and suspicious links to keep you out of trouble. It can also offer ransomware protection and monitor unexpected behavior that may be a sign of new and not-yet-identified viruses and malware. You want antivirus that can successfully identify these unknown online threats without flagging too many false positives.

Light on system resources. You don't want antivirus that taxes your PC's resources. If after you install antivirus, websites open slowly, apps download or open sluggishly, or file copies take longer than expected, you may want to try another service. The good news is, all our picks offer a free trial to let you try out the antivirus program, so if your system feels sluggish after you install antivirus solutions, you may want to keep looking.

Cost and discounts. Don't just pay the sticker price for antivirus. Before you buy, check for discounts on a company's website. Another way to save: The prices we list above are for 10 devices -- if the company offered that package -- but you can trim your cost with antivirus packages if you need to cover just three or five devices. You may also find discounts on an app's Amazon page.

Privacy. To be effective, antivirus software needs to monitor what's going on with your PC and check in with company servers about unusual behavior. The companies say they anonymize this technical data as much as possible to protect your privacy. But if you want to know more, the security companies on our list post privacy policies on their websites, so read their privacy statement to learn what the companies do with the information you share.

Protection for other platforms. Microsoft is by far the biggest target for viruses and malware. But Android is second, with the largest threat coming from sideloaded apps -- those you install outsideGoogle's Play Store. Google said in the last quarter of 2018, 0.99 percent of apps installed outside the Play Store were a potentially harmful app, or PHA. For those installed from the Play Store, the number drops to 0.042 percent. To stay safe, we do not recommend sideloading apps, but sometimes, like with Fortnite, you might want to. In that case, running virus and malware protection from a trusted security company is not a bad idea.

The threat to MacOS and especially iOS are low, in part because of the tight control Apple has over its app stores. While the Macdoes rarely come under attackvia sideloaded apps, if you download apps only from the Mac and iOS app stores, and keep your guard up when clicking links and download files, you should be OK without an antivirus app on Apple devices.

Originally published earlier. Updated to clarify Norton pricing details and LifeLock service options, and to note the removal of the earlier Avast recommendation.

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The best antivirus protection of 2020 for Windows 10 - CNET

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Vigilantes and private security are policing the internet where governments have failed – The Conversation UK

The internet revolution of the past 20 years has opened up countless new ways for people to shop, bank, find love and to commit crimes. Every time we switch on a computer, open an email, view a website or make an online payment, there are multiple new opportunities for crimes to occur. In fact, almost half of all crimes against individuals in England and Wales now involve or are enabled by the internet.

These technological changes have fuelled a substantial new private policing sector that includes commercial companies but also online vigilantes. This change is comparable to the quiet revolution seen in the 1970s when conventional private policing, particularly the use of uniformed security officers, emerged on an industrial scale.

Despite its scale, online private policing activity has been largely ignored by researchers and politicians. Yet it is already creating some significant issues that need addressing.

This new online private policing sector exists most obviously in the numerous companies providing services. These include designing, testing and maintaining security systems, responding to cyber-attacks and moderating websites for harmful or illegal content.

But many other organisations have also developed their own cybersecurity structures to better protect themselves from online crime. In most large organisations, these structures are led by what are generally called chief information security officers (CISO) but there are also many other new cybersecurity roles such as security architects and ethical hackers.

Globally, this new sector is estimated to support around 6 million jobs and is predicted to be worth US$248 billion (190 billion) by 2023. This is much more than the traditional private security industry, which is only predicted to be worth around US$167 billion (128 billion) by 2025.

One of the most interesting roles to emerge in this new sector is that of the moderators who police the content published on the internet. They play an important role in preventing the publication of undesirable material, from hardcore pornography and footage from war zones through to abusive and inappropriate language.

There has been virtually no academic research of these important operatives. But media reports have raised concerns over the welfare of these staff, who often have to view large amounts of distressing content, including images. So their conditions of employment and capabilities should be more of a priority for researchers and regulators.

The internet hasnt just stimulated new forms of commercial private policing but has also enabled a new type of vigilantism to flourish. For example, the limited law enforcement response to the masses of scam emails and bogus websites were at risk from everyday has led to the growth of scambaitors. These are private individuals who try to engage with scammers and waste their time or simply raise awareness of their scams.

One of the problems with scambaiting is the humiliation and racism often involved. For example some scammers have been encouraged to do repetitive tasks such as draw street maps and rewrite books, paint themselves or pose naked in humiliating positions, all of which have then been publicised. Sometimes this is done with explicit or implicit racist commentaries, relating to the fact that many of the scammers are black West Africans.

Perhaps the most controversial area of online vigilantism that has emerged is paedophile hunting. Organised groups of internet users pose as children in online chatrooms to lure and expose paedophiles.

The actions of these groups have clearly helped the police and led to the exposure of real paedophiles who have subsequently been charged and convicted. In 2018, at least 150 people in England and Wales were charged using evidence provided by paedophile hunters.

But some groups have made their exposures and confrontations public, in some cases even live-streaming them online. This has led to innocent people being falsely and publicly condemned, while others have killed themselves after the exposure. It has also been revealed that some of the people enacting this justice are themselves convicted criminals whereas police forces themselves often bar people with criminal records from joining.

The rapid growth of both commercial and amateur attempts at policing the internet shows there is a demand that is not being met by the traditional provider of law enforcement, the state. But the problems that are emerging from this private security activity demonstrate why it isnt enough to leave such significant operations to the market or volunteers.

The first quiet revolution eventually resulted in many jurisdictions introducing regulations to better control the activities of private security. This new shift at least warrants further research and investigation to determine if the controls are adequate. The suspicion is that they are not.

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Cyber Minds: Expert Insights on Blockchain and Much More – Government Technology

Shira Rubinoff is the President and Co-Founder of Prime Tech Partners, which is a unique incubator in NYC. She is also the President of SecureMySocial, which warns people of social media problems in real time.

In Shiras new book Cyber Minds, we see a unique mix of cutting-edge perspectives on blockchain and where it is going, insights on several hot technologies like AI and the Internet of Things (IoT) as well as solid cybersecurity advice for technology and business leaders.

Cutting right to the core, this book offers the best practical content l I have seen regarding blockchains potential, future and cybersecurity opportunities and drawbacks. The materials on blockchain, which includes interviews with thought-leaders in the area, are simply ground-breaking.

Heres an excerpt from page 52 regarding blockchain:

If you look into the financial services space, weve blueprinted the financial architecture and sort of overlaid it with the crypto industry. When you look at that, you realize that within five year, something amazing has been built. Weve got exchanges, wallets, mining, interfaces, and so on. Its all moving towards institutional grade infrastructure.

Logistics is another example. In the past few weeks, weve heard the news of the biggest competitors in logistics coming together. I believe it was DHL, UPS, and FedEx coming together to think about how they can use blockchain to reduce and merge the burden of governance in the system. Well get more efficient Internet safety from that.

Blockchain is being used by farmers for cattle feeding and in Switzerland, its starting to be used in the watch industry and the butter industry among others.

Here's one other excerpt that I like from page 60 (quoting Sally Eaves) on the leading blockchain sectors:

"Yes, I would say two sectors (are leading) - financial services and supply chain. We are going to see more development in both, but I would love to showcase a sector outside of this too: healthcare.

I am seeing a lot of research and development focused on the 'marriage' of AI and blockchain technologies. As an example, we have opportunity to use blockchain as a method of security for our DNA data, negating fears of it being misused - while AI can enable rich insights to be anonymously extracted from it. ..."

Input From Experts

This book gets 5 stars from me for the blockchain material alone, but it also offers interviews and recommendations on cloud security, IoT, artificial intelligence (AI) and much more. From my perspective, the advice offered form these top global leaders is excellent:

Topics Covered in Book Cyber Minds

Heres an overview of the topics covered in the book:

I also like the straight-forward and easy to understand steps that Ms. Rubinoff uses to describe cyber hygiene, and those sections in the beginning and ending serve as a primer for readers who have less experience and insight into cybersecurity challenges. The workforce development strategies include:

After giving you these guidelines, Shira warns about the most common behaviors that could lead to a data breach and the psychology behind them.

This YouTube video show you Ms. Rubinoffs excellent speaking skills and abilities in communication on technical topics.

Final Thoughts

The interviews and insights offered in this book make it an excellent choice for technology, security and business leaders to learn the latest approaches and thinking on cybersecurity on a range of hot tech topics. I find the insights and interviews discussing topics like blockchain and cloud computing to be very insightful and different.

I have no hesitation in strongly recommending this book and giving it 5 stars.

Read the original:
Cyber Minds: Expert Insights on Blockchain and Much More - Government Technology

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The top UK cyber security companies – Information Age

Investing in the right cyber security for your company is more vital than ever, but which are the top UK cyber security companies right now?

It's important to know what kinds of services your company needs.

The following cyber security companies vary in what services they provide, from what devices or software they cater for, to the kinds of security they offer. Some completely focus on cyber security, and others deal in multiple services, including cyber security.

Looking for the right cyber security provider may depend on the size of your company, or the areas of the companys system that you feel are the most vulnerable.

With this in mind, lets take a look at the top UK companies in the space right now.

Professional services company EY offers cyber security advice to companies of all sizes, from start-ups to established multi-national firms.

The company has teams dedicated to cyber security, strategy, risk, compliance and resilience, and can offer guidance into securing a range of tech, including IoT and cloud.

Cyber security services offered by EY include a cyber maturity accelerator, vulnerability assessments and penetration testing.

Clearswift specialises in data loss prevention (DLP) and protecting against leaks.

The firm offers companies various products that focus on this issue, including its Adaptive Data Loss Prevention tool, which aids effective data storage and transfer, and SECURE gateways for email, web and Internet Content Adaption Protocol (ICAP).

The ICO told businesses that ultimately it is their responsibility to ensure customer data is secure Read here

Telecommunications provider BT offer network-based security in the form of behavioural analytics for guidance.

The company has its own cyber security platform, which protects its customers as well as its own infrastructure, as well as Cyber Defence Operations for larger corporations.

Specific specialist services that BT offer include asset oversight, threat identification and neutralisation, and continuity planning in the event of future Distributed Denial of Service (DDoS) attacks.

Professional services provider PwC offers two forms of network cyber security: IT risk identification and security, and cyber threat detection and response.

Services include rapid risk reduction, compromise discovery assessments and crisis management.

PwC adopts both proactive and preventive approaches in order to protect the networks of larger companies.

Defence, security and aerospace firm BAE offers cyber security to commercial and governmental customers.

Its services include fraud detection and prevention, incident response and services relating to regulation compliance.

The company focuses on helping its clients to stop cyber attacks from penetrating their systems in the first place using analytics.

Information Age explores Kineticas active analytics use cases, which is helping accelerate data innovation across industries. Read here

Data protection specialists Sophos deals in antivirus and encryption, as well as securing Wi-Fi and email gateways.

While the company also offers products for cyber at home, the business-orientated services that Sophos offer include endpoint protection, firewalls and protection for the cloud.

Acuity Risk Management analyses and guides larger corporations in dealing with cyber threats.

Risk management guidance is given via its software platform, STREAM Integrated Risk Manager, which features analytics, as well as dashboards and reports.

The services offered by Acuity through STREAM focus on governance, risk and compliance (GRC).

The services offered by Becrypt focus on endpoint encryption and protection for enterprise IT and the Internet of Things (IoT).

Its clientele range from governmental bodies to businesses and organisations with critical infrastructure.

Also offering USB/port control, Becrypt additionally managed devices on iOS and Android.

With GDPRs one-year milestone only less than a month away, businesses are still using unencrypted USB devices to store their data. Read here

SentryBay are a DLP company offer its services to a variety of industries, from financial services to insurance.

Its Data Protection Suite (DPS) is a prominent feature, but the companys capabilities also include anti-keylogging and mobile security.

Read more:
The top UK cyber security companies - Information Age

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