Privacy risks inherent in the use of biometric identification are extreme. In the event of a data breach, you cannot reissue an iris or a fingerprint. As technologies become more advanced and surveillance on city streets the norm who will draw the line at just what level of invasive monitoring is permissible?
When you hear “sensitive personal information,” what’s the first thing that comes to mind? Social security numbers? Addresses? Bank account information? It’s time to add a few more to the list: iris movement, facial recognition, fingerprints, voice identifiers and even your blood.
How organizations can maintain a strong security and compliance posture during the ‘new normal’ of remote working?
New quantitative study exposed what some risk managers and compliance executives have suspected: Vendors are not complying with corporate insurance requirements, representing a significant risk for their clients and partners.
There is reason to be optimistic about the future of cyber security. In today’s world, there is always a “weak link” in the chain that hackers can exploit. In a blockchain world, there are no longer any weak links and every action taken on the blockchain is part of a completely verifiable and trackable digital ledger.
How can businesses walk the tightrope between using critical customer data and protecting their privacy? Emerging privacy technologies like blockchain and confidential computing provide an ideal solution.
There is an obvious problem with how we approach cyber security. But blockchain may enable a single marketplace of enterprises, consumers, vendors and geographically-diverse security experts to help revise the hiring model, make cyber security more efficient, and decrease the impact of malicious attacks globally.
The features that make blockchain so attractive to enterprises are also the very features that could lead to headaches like “blockchain privacy poisoning", which Gartner has named as one of the biggest risks facing organizations over the next few years.
Given the severity of losses and criminal activity within the coupon sector, stakeholders used blockchain technology to establish a Universal Digital Coupon for the retail industry to enhance coupon security and reduce financial fraud.
Blockchain can bring the world to a common consensus of “what exactly happened” when it comes to threat intelligence, reducing confusion and complication, and promoting trust in the information.










