UNCLOAK™~ The future of Cyber Threat Detection

Uncloak is an exquisite and unique scable blockchain powered technology, that enables businesses to monitor, eliminate cyber threats and protect themselves, making them stay ahead of the hacker.

Computer hacking has been one of the worlds major problems with various breaches lf data and updated ways of maneuvering things easily occurring at an alarming rate. Cyber crime has been predicted to cost over $6 trillion by 2021. There is basically no hideout cause any major data could be hacked and cracked. They have basically hacked and the trends suggests that this would continue basically as evolving programs such as Internet of things, smart cities and mass digitisation becomes the reality of life

Currently, there is shortage of ways by which cyber hacking could be detected or identified, but Uncloak provides a commercial tool that will close this gap and maintain significant revenues across many platforms that are suspicious of cyber crime.

For cyber security threats to be tackled, it requires more than antivirus protection, firewalls and detection systems. Cyber security solutions rely on custom made approach to cyber threat management with little or limited ideas between competitive vendors. Most of the patterns and ideas that aid cyber crimes are freely available to the public as a whole on the Internet hence allowing the hacker to jave the same knowledge as a security vendor

IMPORTANCE OF UNCLOAK
• Uncloak has plans to build its own detection database by using advanced Al technology to crawl the public and private Internet looking for the latest cyber security threats, which would therefore be converted into security signatures and then added to the Uncloak threat detection system to check if the vulnerability exist. When vulnerability exists, the user would be notified immediately so that corrective measures can be taken.

• Uncloak is the most unique position to becoming the market leader in cyber security threat detection because, it does not only involves themselves with cyber security experts to find undiscovered security threats, but also to constantly update itself using Artificial Intelligence Technology to ransack the internet searching for upcoming security vulnerabilities to add them to it’s threat vulnerability database
• They help end users understand their security risk position in real-time, so they can place themselves in a position to eliminate cyber threats before they occur.

Cyber Security attacks are more frequent than ever before, reasons due to the availability of internet to everybody even available to the young and the old, connectivity across all types of devices from laptops, desktops, notepads and mobile phones affecting not just businesses but individuals too as well. Crypto currencies, and tokens issuance platforms have also suffered from significant security breaches over the last few years further compounding more of the issue.

Businesses needs of be aware of the full costs of a cyber attack. Security breaches can cause serious financial problems hence damaging the reputation of that business or Cryptocurrency platform as a whole. Computer security consulting firms have produced estimates of total worldwide losses, from $13 billion (worms and viruses only) to $226 billion (for all forms of covert attacks) annually.

Unfortunately, moat companies are exposed to highly exposed cyber threats due to the constant changing nature of cyber attacks which needs security professionalism and financial resource to remain secure.

Features of Uncloak

BLOCKCHAIN POWERED BUG BOUNTY
• Uncloak would use a number of smart contracts (a function allowing a set of known actions to be performed in a very secured manner)
• Using a token called UCC on the Uncloak platform a smart contract will be used to make a voting right system to allow a community of Uncloak registered experts/ software developers to join heads kn finding cyber threats within applications and network devices, whilst also finding ways or measures in which would be uses toresolve threat issues
• Presently, companies are not aware of basic cyber threats that are about to be released to the public domain which wouldn’t just cause financial damage but also damaging the Goodwill which a company has.
• The use of block chain and smart contract voting rights system has greatly reduced the level of manual administration to the lowest level. All subscribers to the Uncloak platform would receive the latest and current list of cyber threat vulnerabilities against theie existing computing infrastructure, allowing them tk know where potential threats could surface from.

The Uncloak platform supports various business goals;

• Tends to end visibility of vulnerabilities found and payments to hunters within the Uncloak platform
• Real-time analysis and automated reporting with a locked audit and trail of everything
• Securely sharing data with all parties
• Reduces reporting process time and effort for vulnerability checks
• Vulnerabilities are not allowed to be added or included without approval from verified hunters

The Uncloak Token

More details can be found here :
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Website: https://uncloak.io/
WhitePaper: https://whitepaper.uncloak.io/
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