In the modern tech-driven world, it doesn’t really matter if you are running a small business or a global venture – there is always a chance that cyber-criminals will attempt to extract sensitive business information from your data stores or your employees. Just because you’re a small business owner doesn’t mean that scammers and hackers will pass you by, especially if you are operating in a competitive industry where others stand to gain plenty by selling your business information to other companies and individuals. Remember, there is always something to steal from your company, even if it’s information about a single customer.
After all, it only takes a small data leak to jeopardize your brand’s reputation and trust in your industry, which is a scenario that you might not be able to recover from. With that in mind, let’s go over the best data security solutions for 2020 that will safeguard your business.
Start with employee training and education
There is not much you can hope to achieve in terms of data security and cybersecurity using technology alone, simply because your employees can be your biggest liability if you don’t put in the time to educate them on proper online behavior and cybersecurity measures. You can employ the smartest of tools to monitor your employees, but it only takes one act of social engineering to succeed for a team member to give up a piece of information, by which point your reputation could be irreversibly damaged in the eyes of the public and your audience.
To prevent this scenario, be sure to devise comprehensive cybersecurity workshops for your employees. You can also bring in outside advisors and IT industry professionals to help with this task. It’s important that you take an individualized approach to employee education, in order to make sure that every employee is on board with the latest policies and cybersecurity practices in your company. Mind the age difference between employees as well, as your long-standing team members might have a more difficult time retaining all of that information.
Introduce multi-factor authentication
There are many potential access points that scammers and hackers can exploit to enter your system, ranging from smartphones and smart devices in general, to old employee accounts in the cloud, email accounts, and many more. Your job is to seal all of these potential data leaks and prevent all data breaches by introducing multi-factor authentication for every device and piece of software in your company. Take the following example as an illustration of how this solution can benefit your company.
Many employees will store some form of business information on their smartphones, even if it’s just emails. Should they lose their phones, or should their phones get stolen, you want to ensure that no one is able to access any relevant business data. This is achieved with multi-factor authentication that requires the user to log in through username and password, but also confirm their identity with an answer to a unique question, or by verifying their phone number.
Monitor all network activity in the workplace
No matter how much you educate your employees, and no matter how many obstacles you put in the way of scammers and hackers, you still can’t leave your employees to handle online communication all on their own. You shouldn’t even allow them to browse the web unsupervised in this day and age, because there is always a chance that they will inadvertently make a mistake that will lead to a data leak.
This is why business leaders are nowadays implementing innovative web filter solutions that give them a comprehensive overview of all network activity in the workplace, allow them to monitor their employees, restrict access to certain websites, and thus elevate the level of data security. This type of software minimizes risk and allows for deep traffic inspection, which ultimately improves employee productivity and safeguards all of your data on the web.
Generate truly powerful passwords
Another tried-and-tested solution that elevates data security is to simply use stronger passwords on all devices and software in the company. That said, this is not as simple as telling your employees that their passwords should contain uppercase letters and special characters, because modern tech-savvy hackers have no problem cracking these codes. Instead, you should use a password management tool that will create a truly randomized assortment of letter and characters to generate passwords that cannot be cracked by humans or machines.
Integrate software and hardware firewalls
And finally, keep in mind that it’s no longer enough to have software firewalls. Sure, every device needs to have a software firewall installed, but you also have to optimize it for your needs and adapt it to the device in question. Once you’ve done that, be sure to introduce a hardware firewall into the workplace in order to put a physical device between your network and the outside world that will help with traffic inspection, filtering, and data security. This device can safeguard your entire network, and protect all devices even when the operating system crashes.
The online world is becoming a more dangerous place for businesses with each passing year, which is why cybersecurity and data protection should be your top priority for this year. With these solutions in place, though, you should have no problem safeguarding your brand’s reputation, your employees, and your customers’ information.
The post Data Protection Best Practices 2020: 5 Solutions You Need appeared first on PrimaFelicitas.
President Maduro: Venezuela Seeks Opportunities To Use Cryptocurrency For Global Trade
- Venezuela’s cryptocurrency story continues as the country’s President Nicolas Maduro has presented new use cases.
- A recent report informed that the South American nation is studying the possibility of using digital assets in trades alongside the national Petro.
- President Maduro has presented new anti-sanctions law in the Constituent National Assembly. In a recent speech, he asserted:
“The anti-sanctions law is the first response to give new strength to the use of petro and other cryptocurrencies, national and global, in domestic and foreign trade, so that all cryptocurrencies of the world, state and private, could be used. This is an important project that is under development.”
- The news comes after Maduro suggested last year that his country could adopt cryptocurrency payments.
- Additionally, Venezuela signed a new tax agreement this summer that enabled the nation to start collecting taxes and fees in the Petro.
- A study reported by CryptoPotato revealed that digital assets already play an essential role in the country’s struggling economy. Venezuela’s intensifying financial crisis has catalyzed significant interest in cryptocurrencies as people seek opportunities to escape the devaluating national currency.
- The Bitcoin peer-to-peer volume exemplifies the growing interest in the primary cryptocurrency within the country. As per data from coin.dance, the BTC P2P volume on LocalBitcoins has been continuously surging in the past several months.
Leader That Allowed Scams: TRON’s Justin Sun Responds to Claims by Ex-Employees
Yesterday The Verge published an elaborate article portraying a picture of Justin Sun’s leadership at BitTorrent post the peer-to-peer file-sharing site’s acquisition by the TRON foundation.
Sun later responded to the ‘false-claims’ made by TRON/BitTorrent’s ex-employees in the article with ‘An Open Letter to Anyone Who Cares to Read’ on Medium.
Claim: Megalomaniac Leader; Response: True Libertarian
In the supposedly expose piece, author
Refuting the above portrayal of his leadership, Sun, in his response, stated that he has devoted his entire life ‘to being a responsible, global citizen’. Adding to this, Justin said that is a true champion of libertarian principles for a significant portion of his life.
I have devoted myself to being a responsible, global citizen throughout my entire life, spending significant portions of my personal and professional life to activities promoting universal values of respect, liberty, equality, and kindness.
The TRON and BitTorrent chief impressed further on his ‘global’ approach to things. He explained that the TRON Foundation harbors a ‘global team of talented contributors and developers’. And that he takes ‘pride in working’ with this global community to make TRON ‘one of the greatest decentralized blockchain protocols’.
Claim: Freedom Suppressor; Response: Upholder Of Human Rights, Individual Values
Dunaway reportedly engaged in conversations with folks who are/were associated with the TRON brand and the work culture. From what he gathered, Justin enforced a draconian company culture, with employees officially following the ‘9-9-6’ norm.
According to the article, TRON’s HR had Slack replaced with its Chinese counterpart DingTalk. The communication platform had an in-built surveillance mechanism that would use ‘Apple Health to count people’s steps’. Also, DingTalk used to ping employees literally all the time.
To this, Sun responded by saying that he has left no stone turned in, establishing a work culture that respects.
diversity and individuality through a culture that cherishes fundamental human values freedom of speech, user privacy, intellectual property protection, kindness, a diversified working environment, and compliance with legal standards.
Justin went on to comment that TRON and BitTorrent operate with a ‘globally collaborative team’. One that upholds and respects the ethos of cross-culture teams. Sun claimed that the folks at TRON folks have ‘worked hard’ to create a collaborative work culture. One that values freedom of speech and individual privacy.
Claim: Suppressed Criticism, Allowed Scams; Response: No Control Over Protocol Functioning
The Verge piece mentioned that ‘decentralization’ was just a facade for what was happening behind the curtains. Justin Sun and his core officials exercised strict control over content moving about and within the TRON network.
This involved allegedly paying a Redditor to ‘erase negative posts’. Which later drew the ire of the community.
Free speech is part of the ideology of decentralization, where ideas flow without gatekeepers. Tron started deleting any post it wanted.
The article also claimed that TRON’s administration team was silent and allowed the perpetration of scams on the network. While this happened, scammers and the scammed continue to grow in numbers while the management did nothing to interfere.
Justin, in his Medium post, said that he and the entire TRON administration team function sans control. Even though the team at TRON works to upgrade the platform, they do not exercise any censorship/regulation.
…we have no control or discretion over what applications use the protocol, what data is transmitted, or how its community members use it.
Sun went to add that he and his team are proud of TRON and BitTorrent’s achievement over the years. He went to quote that both have collectively ‘served 2 billion users around the world. These include ‘numerous enterprises, universities, and governments’.
Lastly, the TRON and BitTorrent boss struck down all claims made by ex-employees Lucasz Juraszek, Richard Hall, and Cong Li. Justin declared that the TRON foundation’s legal counsel has submitted all the requisite proofs and evidence pieces to the court. “We believe the decision will speak for itself”, he said.
BTT and TRX’s price didn’t seem to undergo any correction following the release of the bitterly scathing Verge piece. On the contrary, BTT is actually up 2.3% in the last 24 hours.
Featured image courtesy of QZ.com
Ethereum Price Analysis: Will ETH Surpass 2019 Highs Towards $400?
ETH/USD – Bulls Struggling To Pass 2019 Highs
Key Support Levels: $350, $336, $325.
Key Resistance Levels: $364, $378, $390.
Ethereum pushed higher last week to reach the 2019 highs at around $364 over the weekend. Unfortunately, it has not been able to overcome this resistance in the past four days of trading as bearish divergence popped up on the short term charts – highlighted in our last analysis.
For now, Ethereum is finding strong support between $350 and $355; however, it is looking increasingly likely to break this support soon as the short-term bearish divergence continues to play out.
ETH-USD Short Term Price Prediction
If ETH does penetrate back beneath $350, the first level of strong support lies at $336 (100-days EMA). Beneath this, additional support lies at $324 (.618 Fib), $320, $310, and $300.
On the other side, the first level of resistance lies at $364 (2019 highs). Above this, resistance is expected at $378 (bearish .382 Fib), $390, and $400.
The Daily RSI did dip beneath the mid-line to suggest that the sellers are battling to gain control of the market momentum.
ETH/BTC – Bears Continue To Face Resistance at Falling Trend Line
Key Support Levels: 0.033BTC, 0.032 BTC, 0.0315 BTC.
Key Resistance Levels: 0.0337 BTC, 0.0347 BTC, 0.0352 BTC.
Against Bitcoin, Ethereum continues to face the resistance at a falling trend line that has dictated price action during September. Each time ETH attempted to break above this falling trend line, the coin was rejected and headed lower.
On Monday, ETH attempted to push beyond the March 2019 support at 0.0337 BTC but could not pass it. As a result, ETH moved sideways this week and has returned to the falling trend line. Here, it can be expected that ETH should be heading lower – especially with the daily RSI flattening out in the bearish territory.
ETH-BTC Short Term Price Prediction
Looking ahead, if the trend line rejects the sellers, the first two levels of support lie at 0.033 BTC and 0.032 BTC. Beneath this, support lies at 0.0315 BTC (100-days EMA & downside 1.414 Fib Extension), 0.0311 BTC (.618 Fib Retracement), and 0.0305 BTC.
On the other side, if the bulls can penetrate the falling trend line, the first level of resistance lies at 0.0337 BTC (March 2019 Support). Above this, resistance lies at 0.0347 BTC, 0.0352 BTC, and 0.0361 BTC (March 2019 High).
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Cryptocurrency charts by TradingView.
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