BlockSafe Technologies ™ is a subsidiary of StrikeForce Technologies, Inc. (OTCQB: SFOR), the leading provider of cyber security solutions for consumers, companies and government institutions. BlockSafe Technologies ™ has been granted license rights to implement and distribute the award-winning cybersecurity technology offered by StrikeForce Technologies, Inc.
The wallet was hacked by malware that uses keyloggers to steal secret keys and capture clipboards to change destination addresses. Estimates for untold damage to wallet users amount to more than $ 350 million. If your wallet is hacked, you will not be able to return money and sue anyone.
There are hot and cold wallets in crypto exchangers. The user's secret key is stored in the wallet, as well as the secret key of the exchange. Most keys are stored offline in the safe (cold wallet). Some keys are stored on an internet-connected server (hot wallet), to facilitate transactions. These servers are subject to hacking data, like other hackers.
Exchange Defender includes two products to protect internal crypto exchange systems. CryptoDefender ™ and ProtectID® ™ protect computers and mobile devices from keylogging, screen grabbing, and clickjack attacks. ProtectID® provides access to internal systems using two-factor out-of-band authentication.
The Blockchain Defender acts as a gateway between applications and private block chains. It scans each message, checks whether it is permitted according to company rules and policies, scans data field content for malware, and verifies the authenticity of transactions through the ProtectID® system. It can also send blockchain messages to the company system or other blockchain through the appropriate gateway.
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Website: https://blocksafetech.io/Whitepage: https://blocksafetech.io/BlockSafeWhitepaper.pdf
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Author: Oteemit
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