Cryptocurrency and Cybersecurity

in #technology5 years ago (edited)

Coinbase did a good job of explaining some of the transformational benefits of cryptocurrency across the global society.  The challenge for cybersecurity is how both law abiding citizens as well as cybercriminals will leverage this for their own purposes.  The security industry has a long history of protecting finances and currency.  This time the battles will play out across the digital domain.  The same challenges exist: theft, counterfeiting, money laundering, illicit sales, tax evasion, fraud schemes, forgery, black markets, etc.  Blockchain technology, the foundation of cryptocurrencies, helps protect against some problems, while enabling others.  Tech is not inherently good or bad, it is in how it is used.  

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We must make transformative technology trustworthy and pursue maximizing the benefits of technology while managing the risks to an acceptable level.   

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Very informative.

Criminals chase money. Physical, digital, does not matter.

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