We’ve all heard the saying that whatever doesn’t kill you makes you stronger. While this phrase is often hotly debated, it never rings more true than when applied to cyber security.
Cybercrime is the fastest growing crime. In.a digital world where we keep virtually our whole lives on a computer, everything about us could be at risk. From financial information, to personal data, to intellectual property and art, there is nothing that won’t be targeted by hackers. In 2017 the annual cost of cyber security was $11.7 million, a 22.7% increase from 2016.
With hundreds of cyber attacks claiming the private data of millions, it begs the question: will the internet ever truly be safe? The future of cyber security lies with a decentralized web. Using blockchain technology, based on cryptocurrencies like Bitcoin, the decentralized internet will keep us from having to rely on data banks like Facebook or Google to keep our information safe. Blockchain technology for security puts the control back into the hands of the users and would make it impossible for criminals to simultaneously steal from millions through data breaches of major companies.
What are your thoughts on the future of cyber security? Take a look at this infographic for more on how tackling cyber crime can help make the internet a safer place.