“100% of companies in the world are getting attacked by the hackers and the average detection time is 256 days” (2015 Ponemon Report)
According to 2015 Ponemon Report, the average detection time is 256 days. This delay in detection and response cause enormous and irreversible privacy and financial damages. Similar attacks are being observed on multiple targets in different geographically located companies which might have been protected if proactive defensive approach had been understood and therefore adopted. These attacks all have to do with Zero Day Exploit or Vulnerability.
Zero-Day!
What is a Zero-Day Exploit? In it’s a basic term its a Flaw. Zero-Day is an unknown exploit in the wild that exposes security vulnerability in software and/or hardware and can create problems without anyone knowing, which is when hackers take this opportunity to attack the software/hardware. This is known as a Zero-Day Attack, which is when the exploit is exploited and attackers release malware before a developer has an opportunity to create a software patch to fix the vulnerability — hence “zero-day.” Once a patch is written, issued and deployed, the exploit is no longer called a zero-day exploit. These attacks are rarely discovered right away. In fact, it often takes months and sometimes years before a developer learns of the vulnerability that led to an attack. Is there anything that can help find these Exploits faster!?
BitFence
The Solution? Bitfence! BitFence detects, deflects, and counteracts attempts at unauthorized use of information systems and gives your security team an unfair advantage over hackers. How? Well BitFence Cyber Security is a smart-contract based global Cyber threat prevention system that offers immediate and unmatched advantage over existing network security solutions. BitFence Cyber Solution is to reduce the average detection time of zero-day malware as well as adopt and deploy a proactive defensive approach/solution to mitigate other systems from similar cyber threats, But thats not all they also offer a way to earn their tokens (HNY).
HONEYPOTS
ITS A TRAP!!- beside zero-day defense, BitFence also provides incentives to those who deploy BitFence configured honeypots to attract distributed hackers around the world. As hackers get into BitFence Honeypots, The system captures and analyzes attackers signatures using custom designed Artificial Intelligence software and alerts/delivers threat protection to all of its subscribers which in return those who are running that Honeypot (or honeynodes) will be rewarded with HNY Tokens.
In Short Words
Overall vision of BitFence is to provide zero-day threat intelligence solution in order to protect people from hackers. BitFence will help companies and individual users to select suitable security solution to meet their needs. BitFence will help implement and integrate its solution with existing networking hardware and software with very minimal modifications or configuration changes. Once installed, BitFence system will create threat landscape reports in order to meet compliance/regulatory requirements.
In Conclusion
This fantastic ICO will truly change the cyber-security industry. This was just a introduction to this company and their goals. Over the next couple weeks i will be going deep into their products and goals and explain it in more details.
Check out the ICO going on now on their website : https://bitfence.io/,
Telegram : https://t.me/BitFence , Feel free to join and ask any questions you may have.
As always don’t take my word as any investing advise, do your own research and more research.
Excellent article! Bitfence.io is an ICO that is innovative and has great potential!
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Very informative article, thank you for pointing out the problems that we all face on the internet every day. I think this will bring a revolution!
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