Cybercrime is something we should all take more steps to prevent. However, we are all human and make mistakes. Hackers understand this and use it to their advantage to access secured information. Even the best encryption and software can fail if someone uses “password” as their password. So isn’t it time we consider new ways to create a safer Internet?
Cybercrime can cost businesses millions of dollars. In 2016, the total cost to the global economy was $450 billion, and that number keeps rising each year. The traditional approach to network infrastructure, which focuses on keeping hackers out, is no longer effective. We understand this now. It’s important to design your network so that hackers can’t access large amounts of data by taking advantage of one person’s weak password or getting one individual to click on a harmful link.
Enter blockchain. Yes, the technology that gives us cryptocurrency can actually make the Internet safer by decentralizing everything. Instead of hacking one website to gain access to millions of people’s sensitive information, hackers will instead have to hack each person individually. Sure, hacking will still occur, but it won’t be on the scale that can bring down millions of people with a few keystrokes.
What is your company doing to address the growing cyber threats the world is starting to see? Chances are you are stuck in the old way of thinking and it’s not going to work out for you in the long term. Learn more about how a decentralized web could change the hacking game forever from this infographic!
Infographic Source: Cyber Security Degrees