TechA New Type Of Cybersecurity To Tackle The Surge...

A New Type Of Cybersecurity To Tackle The Surge In NFT And Crypto Scams

-

- Advertisment -sslate

Interlock, a next-generation cybersecurity company, today introduces its blockchain-based security solution set to change the face of cybersecurity. The new technology has been created to address the surge of cryptocurrency and NFT threats that have risen sharply in recent times. Between 2020 and 2021 alone, cryptocurrency theft rose 516% to a value of $3.2 billion, with a reported average loss of $1,900 per person.

The speed at which today’s technology is moving has meant that the security and testing normally in place have not had time to adapt. As the adoption of NFTs and crypto wallets gain popularity, a window for new, sophisticated, and malicious attacks has opened.

Interlock offers a fresh solution that leverages blockchain technology, ushering in a new era of smarter, safer, and more collaborative online security. The first Interlock product is a browser extension that provides instant protection from browser-based threats like impersonation sites and malicious links while rewarding users for sharing anonymized browsing data. Users can install the bowser extension in just 2 clicks, and then browse the web as normal. When they come across malicious sites or click on dangerous links, they are detected and blocked, in real time, keeping people protected. You can sign up now at Interlock.

cybersecurity

To detect the malicious sites, Interlock uses Visual AI, scanning over 100 million websites, 67 billion pages and 12.20 trillion links for visual look and feel. When people visit a look-a-like site the network compares it to the visual database to create immediate protection if unrecognised. The Interlock community is incentivized with tokens ($INTR), when they identify threats and validate trusted pages, always optimising the security platform. The solution’s safety in numbers, combined with a trusted backbone of blockchain technology, brings unprecedented peace of mind for a web browsing future.

Rick Deacon, CEO, Interlock, said: “The threats facing the everyday internet-user, whether browsing from home, work, or on-the-go, has reached pandemic proportions. The risk has grown within investment into cryptocurrency and NFTs. Interlock is a new kind of solution to address a new kind of problem. Our vision is to become an ungated threat intelligence platform that elevates our understanding of cybercrime and strengthens the world’s ability to battle online threats.”

Jamie Burke, CEO of Outlier Ventures, who led a multi-million-dollar investment in Interlock added: “Today nobody knows who or what site they can trust on the Web generally. And sadly, that’s even more true in trustless environments like Web3, with self-custody of assets and people transacting in ever-larger amounts of value, be it crypto or NFTs. It’s evident the only sensible approach for such a p2p environment is a crowd-based approach to monitor and curate web security. This is Interlock.”

By focusing on collaboration as the future of security, Interlock will render the current gatekeepers of security technology obsolete by making valuable threat data widely available, helping stop threats, pre-empt attacks, and empower a global online community with the confidence to transition to Web3.

Sunshine Slate
Sunshine Slatehttps://www.sunshineslate.com
Sunshine Slate is your news, entertainment, music fashion website. We provide you with the latest breaking news and videos straight from the United States of America.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

The Many Benefits of Metal Thread Screws: A Comprehensive Guide

In this article, we'll explore the many uses of metal thread screws and why they might be the perfect choice for your project.

Bitcoin to peak at $29,095 in 2023

The price of Bitcoin (BTC) is set to rise in 2023 but will stay well below its all-time high, according to Finder’s latest BTC price predictions report.

Oral Hygienist Highlights Dangers of Dental Disorders in Children

Dental hygienists are trying to raise awareness about the importance of oral hygiene, noting dental pain is one of the most common reasons for school absenteeism among children.

Top 20 Bucket List Travel Experiences

A new study has found that most Brits feel that their biggest regret at the end of their lives will be not having explored enough of the world.
- Advertisement -

SALE: Up to 40% off at GANT US

The sale of the season is here – shop reductions with up to 40% off. 

AP African American Studies Course Blocked in Florida Schools

The administration of Florida Gov. Ron DeSantis has rejected plans to expand an Advanced Placement African American Studies course for high schools
edealo.com
- Advertisement - Motel 6
transformerscon

Must read

Best Apps for your New Mobile Phone

We can install any app from the google play store very quickly. Let’s take a look at some most amazing apps for android mobile phones.

Top Huda Beauty Lipstick Shades to Buy Online

A lipstick helps a woman achieve the perfect look. In other words, every woman must have a decent collection of lipsticks.
- Advertisement -
- Advertisement -sslate

You might also likeRELATED
Recommended to you