Cryptocurrencies are a Clear Danger

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#Ransomware – attackers encrypt an organisation's data and require payment to restore access.

· #Cryptojacking – when cybercriminals secretly use a victim's computing power to generate #cryptocurrency.

· Threats against data – data breaches/leaks.

· #SocialHacking- “Employees are still falling victim to social attacks. ...

· Distributed denial of service (DDoS) Attacks are becoming very common and it seems there is no respite on the immediate effect.

The recent move by the Government to regulate the Virtual private network or VPN, is aimed at strengthening cyber security. Since, VPN services don't store logs of user activities and users usually use VPNs to hide their IP address from their Internet Service Providers and other third parties.

However, the tech companies are getting suffocated and addressing the industry by raising the issue of user privacy as VPNs are generally, which is used to conceal information.

Dubbing cryptocurrencies like Bitcoin and Ethereum as clear danger, the governor of Reserve Bank said, anything that derives value based on make believe, without any underlying, is just speculation under a sophisticated name.

RBI Governor Shaktikanta Das said this in the latest Financial Stability Report of India, even as the country’s government is in the process of finalising a consultation paper on cryptocurrencies after gathering inputs from various stakeholders and institutions. We must be mindful of the emerging risks on the horizon. Cryptocurrencies are a clear danger.

While technology has supported the reach of the financial sector and its benefits must be fully harnessed, its potential to disrupt financial stability has to be guarded against. As the financial system gets increasingly digitalised, cyber risks are growing and need special attention, the Governor said.

However, regulatory clarity is yet to emerge with re.

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    Cryptocurrencies are a Clear Danger

    #Ransomware – attackers encrypt an organisation's data and require payment to restore access.

    · #Cryptojacking – when cybercriminals secretly use a victim's computing power to generate #cryptocurrency.

    · Threats against data – data breaches/leaks.

    · #SocialHacking- “Employees are still falling victim to social attacks. ...

    · Distributed denial of service (DDoS) Attacks are becoming very common and it seems there is no respite on the immediate effect.

    The recent move by the Government to regulate the Virtual private network or VPN, is aimed at strengthening cyber security. Since, VPN services don't store logs of user activities and users usually use VPNs to hide their IP address from their Internet Service Providers and other third parties.

    However, the tech companies are getting suffocated and addressing the industry by raising the issue of user privacy as VPNs are generally, which is used to conceal information.

    Dubbing cryptocurrencies like Bitcoin and Ethereum as clear danger, the governor of Reserve Bank said, anything that derives value based on make believe, without any underlying, is just speculation under a sophisticated name.

    RBI Governor Shaktikanta Das said this in the latest Financial Stability Report of India, even as the country’s government is in the process of finalising a consultation paper on cryptocurrencies after gathering inputs from various stakeholders and institutions. We must be mindful of the emerging risks on the horizon. Cryptocurrencies are a clear danger.

    While technology has supported the reach of the financial sector and its benefits must be fully harnessed, its potential to disrupt financial stability has to be guarded against. As the financial system gets increasingly digitalised, cyber risks are growing and need special attention, the Governor said.

    However, regulatory clarity is yet to emerge with re

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    Yeh Rishta Kya Kehlata | Ruhi Hui Bekaabu, Abhira Se Cheena Baccha
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