It’s time to switch to Blockchain-based mail systems.
The creation of email systems in Blockchain technology is becoming more and more essential, since the current email services are cumbersome and are no longer secure. In fact, email service providers are using obsolete technology that has become too vulnerable against ever-more sophisticated hackers.
After suffering the biggest data gap in history, Yahoo is now urging its users to change their passwords. However, changing passwords is an almost useless exercise. In fact, experts warn that changing passwords often could be counterproductive.
Improving email systems while protecting data from users’ accounts requires a radical change of technology but fortunately, some startups are already doing that. They are transforming electronic mail systems using the technology of the so-called “Fourth Industrial Revolution”
John McAfee Swiftmail is a mail system example which works with Blockchain technology. 256 bit, end-to-end encryption protects Swiftmail data and renders data interception useless.
“John McAfee Swiftmail is a decentralized, peer-to-peer, proof-of-work, encrypted mail system that uses bitcoin technology to replace email. A Swiftmail wallet address looks like this: ab99b776de244fe0f70f229921517829,” states Company through its website.
Cryptamail is another decentralized email system that runs on blockchain technology. Because the blockchain stores the messages, “there is no central point that stores your messages, so there is nowhere to steal or even submit a request for your private data,” affirms its website.
Current email systems are no longer secure. Yahoo recently revealed that it had suffered the world’s biggest-ever hack, compromising more than one billion user accounts. Hackers stole Yahoo users’ crucial personal data. Most disturbingly, the stolen information could have included unencrypted or encrypted security questions and their respective answers. Yahoo reported that the hack of one billion user accounts occurred in August 2013. However, Yahoo announced it only on December 14, 2016. Forensic experts are still investigating the mega data breach.
“We have not been able to identify the intrusion associated with this theft. We believe this incident is likely distinct from the incident we disclosed on September 22, 2016,” “Based on the ongoing investigation, we believe an unauthorized third party accessed our proprietary code to learn how to forge cookies.” Said Bob Lord, CISO Yahoo.
Earlier in September, Yahoo revealed another incident in which information relating to 500 million user accounts was stolen in 2014. Yahoo lists these two major criminal incidents with “the same state-sponsored actor.”
Cyberattacks have been the norm for a long time. Now, however, the frequency, magnitude, and implications of email hackings and other malicious acts are increasing dramatically. As a result, it is now urgent to innovate and move toward more secure email technologies, such as those that integrate the security offered by Bitcoin’s block technology.
Disclaimer: This press release is for informational purposes only. Information does not constitute an investment advice or an offer to invest. The views expressed in this article are those of the author and do not necessarily represent infocoin views and should not be attributed to Infocoin.