Increased use of technology in business organization has led to development of new types of risks and among them is cyber crime. For a cyber crime to occur there has to be a computer involved and it is majorly carried out in the cyber space. Types of cyber crimes include hacking which is the illegal theft of information from a computer that is considered confidential; Identity theft where an individual steals another individual or organization information and uses it for financial gain or other defamatory activities; and malicious software where an individual introduces malicious software into the organization’s network system in order to damage it.
In business organizations, information and data is the current source of competitive advantage. If an organization is operating in a competitive business environment, the critical information about the company’s operations can define the market share they end up with at the end of the day. This makes the confidential information of the company to be important not only to the company but to its competitors. With the problems of cybercrimes, SlSHUB aims at ensuring that the data stored is safe and secure.
SlSHUB
Because the internet is an open network and implementation of internet network leaves it exposed to external intrusion and access to the company’s confidential data which is stored in the systems. Hacking is one way cyber crime can be carried out and through it, an intruder gains access to the organizations information. Through the SlSHUB decentralized STEEL anti-virus, the users data is protected from hackers, malware and unauthorized access to the users data. With SlSHUB, this becomes a thing of the past. SlSHUB is a decentralized STEEL ecosystem that uses the blockchain technology and smart contracts in ensuring that the data is secure and safe.
SlSHUB offers a secure digital communication where the cryprocurrencies and financial operations can operate effectively and faster.
Problems SlSHUB will solve
The United States is known to be one of the biggest nations around the world. In 2012, United States lost over $1.5 billion to online debit and credit card fraud. In 2016, research conducted by Juniper Research shown that the cybercrime could rise to 2.1 trillion by 2019. With the rise of financial fraud crimes such as altering data in unauthorized manner, destroying, deleting stored data, stealing output and suppressing to conceal unauthorized transactions, SlSHUB offers the solution. SlSHUB though the use of its decentralized STEEL systems permits better transfer and storage of the data that the unauthorized users cannot manipulate. SlSHUB will guarantee security anonymity and privacy to its users. Through the introduction of triple encryption, the use of a decentralized block chart and blockchain technologies, SISHUB has encrypted message nodes that employs multifaceted tunnels and identifiers. This guarantees that SlSHUB products are completely secure and anonymous. Below is a video explaining the problems SlSHUB will solve
Over the past year, I have realized that the use of credit card is major and common problem in international transactions as they are susceptible to theft. This has made some companies hesitant to use this medium of payment due to the risks involved. Cryptocurrency have changed how funds are transferred globally and have enabled users to send funds directly from one country to the other. Cryptocurrency users do not have to go through credit card companies or bank for them to transfer money.
Cryptocurrency has made it possible for buyers to exchange physical goods to digital assets through escrow. An escrow is a financial agreement that allows a third party to regulate transactions between two parties. This helps keep payment safe in an escrow account and the funds are released when all terms and conditions of the arrangement are met by both parties and approved by the escrow company.
Hackers are continually attacking the institutions by stealing their data. With the improving technology, Hackers are becoming smarter each day while the investors are looking on the investment opportunities where they can get greater returns. With this in mind many companies are coming up with software’s that can guarantee security to the investors.
In my opinion, I believe that with many companies moving from centralized operations to decentralized operation, there is a need for them to invest in cyber security as this is the only way that can ensure secure digital communication. For an investor like me, I understand who hackers are and they actually harm the world. There is a need to employ a powerful cyber security that can deny unauthorized access of data or unauthorized transfer of funds.
Conclusion
Though change is inevitable, many people and organizations are not ready to embrace change. With the digital age, crypto currency technology keeps on improving. With the decentralized platform such as SlSHUB, the solutions to cyber crime will be a thing of the past. SlSHUB will offer a secure digital communication and a decentralized data exchange where there will be better transfer and storage of data. The unauthorized users will not be able to access data or files without the permission of the authorized manager.
References
Twitter: https://twitter.com/STEEL_SLSHUB
Facebook: https://web.facebook.com/SlSHUB ico/?_rdc=1&_rdr
Whitepaper: https://SlSHUB .network/whitepaperennew.pdf
Bitcointalk Username: Gitagiajose
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2303447
Ether Wallet: 0x1547fB0fBb1dA830af27F4D015E6f5f2F4F00c7c
Telegram username:@gitagiajose