When you hear the word ‘cryptocurrency’, do you think ‘safe’? Here are some of the implications of the lack of secure security practices in the crypto world.
When you hear the word ‘cryptocurrency’, does the word ‘secure’ immediately come to mind?
In this edition of Security Week, Tony Crypto has examined several effects of the lack of proper security practices in the world. For example, he sees:
- Why the two main principles of cryptocurrency – that is, those that are decentralized and uncontrolled – are both a blessing and a curse
- Why Cryptocurrency has been co-opted as the ‘engine’ for cybercrime
- What sets the crypto industry apart from the traditional financial industry?
- How the lack of control and oversight in the crypto industry ultimately leads to loose cyber security practices
- How governments are responding and what lies ahead for the crypto industry
All of these – and more – at WeLiveSecurity.com Connect with us Facebook, Twitter, LinkedIn And Instagram.