These crypto platforms are victims of hacking !
Tags: Smart Contracts, Blockchain, Cryptocurrency, Bitcoin, Hacking

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The occurrence of a case of hacking in several cryptoccurency exchange and mining service providers recently caused an uproar among crypto investors.

Security researcher KrebsOnSecurity reports that several cryptocurrency platforms hosted by the popular hosting provider Godaddy have been attacked over the past week, among them liquid.com, nicehash.

The attack started on or around November 13 on cryptocurrency trading platform liquid.com. Liquid CEO Mike Kayamori said GoDaddy wrongly transferred control of accounts and domains to bad actors. Kayamori added that the move allows malicious actors to modify DNS records, and thus, control a number of internal email accounts. Additionally, criminals can penetrate parts of liquid.com infrastructure and gain access to document storage.

The second victim was cryptocurrency mining service NiceHash, which on November 18 discovered that some of the settings for its domain registration records on GoDaddy were changed without authorization, briefly diverting email and web traffic to the site.

NiceHash immediately freezes all customer funds for 24 hours to prevent attackers from transferring funds and to verify that they have restored their original domain settings. The company advised its clients to change their passwords and enable 2FA security.

Social engineering, where attackers disguise themselves as users to deceive administrators, has proven to be a popular tool for criminals looking to steal crypto wealth.

CloudBric SECURITY NETWORK IMPROVEMENT SYSTEM.

having successfully launched a blockchain subsidiary organization in early 2018 by bringing corporate security features to the cryptocurrency space related to web applications, servers and mobile devices. Cloudbrick instant complements the blockchain flawlessly protecting cryptocurrency exchanges, wallets and web systems.

Companies can easily integrate this threat data into existing security solutions through the APIs provided by Cloudbric Integrated Services to enhance the solutions they are looking for.

Blockchain Nodes in 25+ Service Regions In order to rapidly decentralize threat data, Cloudbric plans to implement an InterPlanetary File System (IPFS) to securely store and verify emerging threat data (such as hash values) across all of Cloudbric’s global data centers, these nodes will be fully secured by Cloudbric’s enterprise SWAP security system. .

Companies interested in gaining access to CloudBric threat data need to purchase an API with the CLBK token which is now available and continues to be developed in trading which can be found on several well-known markets such as Coinone, Bitsdaq, Bitforex, and BitSonic.

If you own a company with valuable digital data and need to protect intellectual property, you must have very reliable security systems from different suppliers. Few understand, however, that this way of protecting, Kinda, provides attackers and hackers with additional channels for attack. After all, if you fail to break into one system, you will be able to bypass another. This is a lot of system protection which is often a vulnerable place and the reason for the robbery of digital content.

For reliable protection and unacceptable interference by non-existent persons, one universal, strong and powerful threat is required. Nowadays, a lot of software that is paid for by customers is only in practice. Simply put, by trial and error. The system is installed, it is hacked — that means a bad product and it needs the next one. Don’t talk about what happens to information protected using those methods.

How Cloudbric solves problems

Blockchain technology for protecting user data. Cloudbric developers offer a product marketplace that combines blockchain technology and AI. Its name is a decentralized universal security platform.

The platform will continue to educate their ideas. And users can help in this. To protect your information with Cloudbric’s help — you need to purchase CLB tokens. Using it you can customize and customize the system, reports better and more powerful.

This system consists of 3 main subsystems, which have been intensified in product development:

Server security. Any intermediate or temporary storage should be protected the same as any connection on the Internet.

Endpoint. Data viewers should be provided with an additional security environment that restricts access to people without problems.

Cryptocurrency protection. This platform uses its token use, the security of which Cloudbric will provide.

Platform advantages

One of the facts of the use of AI in its development shows the high level of team and project developers. Protecting digital property with AI is the next step in the industry. Permanent learning enables the Cloudbric system to populate its database with new threats very quickly and quickly. Information gathering will come from many sources.

At the same time, all the information collected will be transparent and visible to users. Based on this data, a transparent ecosystem with increasing capacities and a decentralized environment will be created.

Cloudbric Labs will allow all users who wish to use Cloudbric services and improve them, to contribute to the data protection structure. This is made possible thanks to the interaction with the system participants who will reward them for contributing to the platform’s knowledge base. Prizes are given in the form of CLB tokens.

Cloudbric technical solutions

In assuring the complexity of information sources, three main structural elements of the system are involved:

BlacklPedia: a database where harmless IP addresses are stored, as well as all possible threats.

WAF protocol: the ability to check any resource for vulnerabilities in the data protection system.

Threat Indexing: Cloudbric’s database keeps a history of all attacks and threats detected on the network.

Token platform

In total, the developer issued 1,000,000,000 tokens. Most of them — 440 million, exist for public sale during the ICO. The rest of the tokens will be allocated to the team, simulations, corporate bounties, investment reserves, and users who contribute to the Cloudbric ledger.

In order to use all the platform resources, each user must maintain a constant balance of his crypto-wallet in the CLB token. Also, if CLB tokens are used to support Cloudbric’s service, the platform offers to subscribe at a 50% discount.

Conclusion

Information protection will be better if the information is protected by artificial intelligence. Usually, all the well-known and collected data developments in each company separately. Artificial intelligence will help collect all the data and will keep it up to date so that the resources entrusted to it remain protected.

Further information;

Website: https://www.cloudbric.io/

Whitepaper: https://ico.cloudbric.io/upload/file/Cloudbric_Whitepaper_EN.pdf?

Twitter: https://twitter.com/cloudbric

Facebook: https://facebook.com/cloudbric

Telegram: https: // t .me / cloudbric

Media: https://medium.com/@cloudbric/

Reddit: https://reddit.com/r/cloudbric

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