Cybercrime: What is cybercrime and should I be worried about it?

louisevontrapp (25)in #news • 6 years ago

It seems that nowadays, not a month goes by without news of yet another cybercrime being committed, or company suffering a data breach. While physical crime statistics are reportedly dropping almost everywhere, cybercrime is on the rise with cybercrime damage costs estimated to hit $6 trillion annually by 2021.

Since around the turn of the century, the type of malware a system could be infected with took a turn from the older type of virus that was simply a pain to deal with, to attacks driven by a more financial motive. One common technique in the early days of the internet was to have a victim unknowingly install software that changed the local rate telephone number their dial up modem called to connect to the internet to that of a premium rate number. The late 1990's saw a huge number of people see their telephone bill increase by ten or twenty times.

This change saw an escalation of cybercrime over the years. In many ways, the crime being committed was as old as the hills, but now used modern technology to aid the criminal. For example, tales of identity theft, or impersonation go back more than 100 years, but modern technology means that many of our personal records are now stored on computers, and make attractive targets for cybercriminals. Once a person's identity, or rather, information used to confirm a person identity, such as name, date of birth and mother's maiden name are known, a cybercriminal can apply to take out loans or other credit in the name of their victim.

The introduction of crypto currencies, such as Bitcoin and Ethereum, have often been attributed to online 'dark markets' and criminal activity, although many argue this association is unfair. Nevertheless, cryptocurrency helped enable the next generation of cybercrime in the form of ransomware – malicious software that encrypted a victim's computer and would only decrypt the contents if a ransom was paid using cryptocurrency.

Cybercriminals then realised that it is easier to simply compromise a popular website and install software that mines cryptocurrency using the browser of anyone that visits the site. Using this method means the criminal gets a much better return for their time, and with less risks.

While there are, of course, many other types of crime committed online, such as blackmail, fraud or selling fake goods, many of the methods discussed above can be defended against using cyber threat management software.

Uncloak - The next generation in the fight against cybercrime

Uncloak is a next generation cyber security threat management solution that will help protect users against the increasingly sophisticated attacks launched by today's cybercriminal.

Uncloak features include the following:

Automatically identify a client’s external footprint, including websites, mail servers, along with any exposed, internet facing endpoints and applications.
A user-friendly interface and dashboard that allows the user to schedule scans and check the progress of scans in progress, as well as reporting features and the ability to liaise with external IT consultancies, should the need arise.
Black Hat mode – Uncloak is able to mimic the steps a malicious attacker might take against a company and simulate a live hack attempt against a corporate mail server, as well as performing checks to test the effectiveness of the installed antivirus solution.

With the following features planned for release:

An on premise software tool that allow users to perform a scan against their internal network.
An advanced network discovery tool that performs a vulnerability scan and assessment of cloud environments.
An intelligent security compliance tool that can be used to check a company’s posture against cyber essentials/PCI DSS/ISO27001 compliance requirements.
A “Black hat extreme mode” that uses an online security database as the basis for developing further, advanced tools and techniques to test numerous, emerging vulnerabilities across multiple operating systems and technologies.

With such a unique cyber security solution in development, now is the ideal time to register for the Uncloak token.

The Uncloak presale started 25th May 2018 and ends 25th June 2018. Their ICO starts 26th June 2018 and ends 3rd July 2018. You can sign up here: https://uncloak.io/register/

Uncloak token details

Token symbol: UNC

Token Price: 1 UNC = $0.01 USD

Total token supply: 4,200,000,000 UNC

Hard Cap: $21,000,000 USD

Soft Cap: $6,000,000 USD

Uncloak token distribution

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