The Future of Cyber Threat Detection - UNCLOAK

ammier (35)in #blockchain • 6 years ago (edited)

The word ‘cybersecurity’ is not new to individuals and corporate organizations anymore. What used to be of less importance in the past has now turned into a nightmare for organizations. Interestingly, cyber-attacks keep evolving and becoming more advanced daily, thereby making it difficult to alleviate them. A typical example is a transition from the use of malicious.exe files to incorporate fileless methods, i.e. most cyber-attacks no longer make use of malicious.exe files to package and deploy malware.

Forecasts predict that cybercrime damage cost is expected to reach about $6 trillion yearly by 2012 from $3trillion in 2015. Also, cybersecurity cost has been predicted to surpass $1 trillion by 2021. These figures clearly show the magnanimous effect of cyber-attacks on organizations.

Organizations are faced with the burden of having to look for new antivirus or endpoint solutions for further protection, or even in some cases, supplement their existing solutions which in turn leads to extra expenses. Funny enough, most of these solutions are not able to aggressively recognize new cyber threats, and also enable organizations block them out. Due to the expansion of cyber attacks, security is becoming costlier and harder to manage, thereby placing extra pressure on the organizational budget.

It is therefore evident that there is a burning need for solutions that will not only address the current issues but also further prepare businesses against emerging attacks. However, this can be achieved by utilizing on blockchain technology.

Having carried due research to identify the current lapses with traditional cyber security market, Uncloak is taking a different approach to closing the current gaps. Uncloak aims to leverage on blockchain technology to provide an artificial intelligence based analytic tool that will enable the seamless performance and automation of security checks, thereby empowering the end users with the capabilities to easily understand, rectify and fix cybersecurity issues.

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Uncloak aims to empower and provide business with the right security tool that will make them to easily monitor, safeguard themselves, and get rid of cyber threats. This will enable businesses to have an edge thereby making them stay one step ahead of hackers.

UNCLOAK MODEL AND ITS OFFERINGS

Uncloak aims to develop a decentralized detection platform that places importance on the robustness of the community to play a part in detecting vulnerabilities. Uncloak’s solution will utilize the combination of an involved community of cybersecurity experts and artificial intelligence to uncover obscure security threats. The introduction of artificial intelligence provides an added advantage because it helps to regularly update the platform by scanning the internet for emerging security vulnerabilities to add to the existing threat vulnerability database.

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Once a scan been completed, the vulnerabilities found are converted to security signatures, and then a check is carried out on the base network and infrastructure of subscribed clients to know if any of the detected vulnerabilities occur in them. If vulnerabilities are found to be present, the client is instantly informed of remedial measures to be taken.

Key distinctive features.

AI-based cyber threat engine
Automated bug bounty
On-premise software tool to enable users scan their internal network
Advanced network discovery tool to allow users scan a cloud-based environment
Intelligent security compliance tool
Blackhat extreme mode to help convert online security database into extra tools which can help scan for vulnerabilities in multiple operating systems
Organizations can acquire ethical hacking testing for their applications
Subscribed clients will get tailored updated list of cyber threat vulnerabilities against their infrastructure
Suitable for small and large scale organizations
Open API to enable 3rd party applications to easily integrate with the Uncloak platform.

Another interesting thing about the Uncloak solution is the voting rights system. This system will replace the traditional method where organizations are not well prepared and informed to handle emerging cyber attacks, and then have no choice but to bank on vulnerability scanning applications, which in turn also depend on hackneyed cyber threat security information to determine the risk exposure of an organization's infrastructure.

How is this achieved? Uncloak will design a voting right system by utilizing smart contracts to enable ethical hackers to be duly rewarded with UCC tokens for any newly detected cyber threat vulnerability which has been also been confirmed satisfactory by other ethical hackers. Also, the smart contract enables duly registered Uncloak IT security experts or software developers to join forces to uncover vulnerabilities and its possible remedies. These registered IT security experts or software developer are referred to as 'hunters' on the platform.

Once a vulnerability has been found and recorded by a hunter, it is instantly confirmed to know if such vulnerabilities already exist or not in the public cyber database. Once confirmed and satisfied by 4 validators (ethical hackers) to be a new vulnerability, the hunter who detected the vulnerability will be rewarded with 10,000 UCC tokens and validators with 1,500 UCC tokens respectively. Both the hunters and validators will be able to exchange their UCC tokens to UNC tokens on the platform.

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In order to further revitalize the traditional cyber security industry, Uncloak partnered with a leading Artificial Intelligence software development firm, Krzana, to develop the AI threat detection engine. The detection engine will help to regularly search for unstructured text data both on the public internet and the dark web (hidden section of the internet), and then convert it into structured and easily applicable data used to build reports in order to inform clients about the recent cyber threat terrain.

The detection engine which utilizes artificial intelligence is a private cloud-based real-time cyber threat search engine and has the capability to read streams of publicized text data from more than 7,000 channels across the public internet and dark web.

TOKENS

As it was earlier stated, hunters and ethical hackers are able to convert their UCC tokens to UNC tokens on the platform. This means two different tokens will be utilized to fuel the Uncloak platform, each with its specific use case.

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