information

ARCS

May 19 2020

Get To Know ARCS Token, The IFA Company’s AIre Ecosystem Native Tokens

Have you heard about the blockchain project that doesn’t simply offer you future passive income but also functionality? To be honest, there is a particular project named AIre project. Offering solutions for data preservation and security, AIre uses blockchain as a way to prevent data tampering. The project itself uses a native token known as ARCS. In this article, read further and you will learn about the promising project along with the native token.

Brief Definition Of The IFA’s Company AIre

Have you heard about AIre? Probably not or even just heard in a glimpse. Believe it or not, there is numerous blockchain project that comes with interesting promises and systems. From helping SME (small and medium enterprises) to use blockchain solution, want to be the number one currencies, properties rental, etc. But one that comes as unique is the AIre. The project resolves and makes a blockchain platform over a data bank for some reason.

From here you can tell that there are some functional and benefits of joining the project. The main idea of the project is quite simple, which is provide save data bank while later can be used as blockchain sash. The sash will be in the ARCS coin, which is the native coins used in this platform. The process is all under the control of AIre. When your data is acquired, the system will calculate the token sash from it and put it on the blockchain.

The ARCS Coin or Tokens

Worth noting that, AIre is not the first and only project that offers native coin. To make it easier, the ARCS token or coins will be available and can be held in the wallet as long as the apps support ERC-20. It can be said that the token can be traded on exchanges that list ARCS coins in it. A lot of people are not sure to join such as new cryptocurrencies however if the project and the investor are fluctuating, the exchange rate will increase.

At some point, you should know why the project needs native digital money. From the resource, the ARCS token mainly has two basic purposes. The first one is as incentives for you or all users. From the name itself, you can figure out that you can gain some income by joining the data bank. In this case, the concern of avoiding giving personal data to service is the main problem. If you join and provide information in AIre, you will get incentives.

The basic idea of it is to lower down the resistance to storing personal data. You don’t need to worry or hesitate anymore. The AIre has provided a blockchain system that helps prevent data tampering. At the same time, the token itself represents your rights to use all the AIre services. The main core values are the data which are held by the data bank. While the ARCS token works as the global network currency.

Token Specification And Distribution

Named as ARCS the native digital money in the platform is under the entity of IFA Co. Ltd. With the token symbol as ARX, the total minted tokens are 20 Billion. Work under the Ethereum blockchain platform, the token standard is ERC20. The token is exchangeable, however, make sure the exchange site has lists ARCS or running ERC20. Since the project is developing, there is some planned token distribution you should know about.

From a total of 20 billion ARCS tokens, the 50% parentage will be used for third party organizations. Following it, there will be 12,5% for free distribution startup supporters. Incentives for partners and members both will get 2,5% distribution. The IFA allocation for operation and development will take 20%. The last 12,5 percent will be reserved for future needs and plans. This percentage likely changes in future development.

The ARCS Token Flow for income

Interested to join the data bank cryptocurrency train? Hesitate no more, and try putting your money in this unique project. The token flow itself is regarded as simple and possible. To get your incentives, reward, or income, there are some steps your token will take. First, you will need to input data into the data bank and will receive ARCS as a reward. Every third party or company that wishes to acquire your data needs to buy ARCS from exchanges.

After they bought and get ARCS, they can later use it to buy the data from the AIre data bank. This is where everything getting interesting. While the company buys your data or information, you will gain reward for their data. At the same time, IFA will collect the commission fee for you as you have delivered the service. The company later can utilize the data your provided for their services, or offer it to other users for more ARCS token.

The Benefit Of Investing The ARCS

Just as explained before, you will get security and the best place to store your data. The data bank will later be layered with data tampering prevention by using blockchain. While you provide information on AIre, each time your data acquired, you will gain reward or compensation. Isn’t it great? You can store your data and gain money at the same time. In this case, the platform also has a new credit standard.

The standard will make sure that people will have the same chance to gain higher credit, according to their work. The new credit criterion consists of objective data or information provided by the individual. At the same time, the future potential will be evaluated by taking into account some other data. The data are subjective data such as enthusiasm, feeling, and other emotion. It can be said that users can receive trust by utilizing abundant data.

Those are some information regarding the ARCS token and the system. Started with the concern of lack of security and control over data, the project resolve around data bank. With blockchain, the investors or users can both gain some rewards and data tampering prevention. Along with the ability to save all kinds of information and source, this developing project is worthy of checking it out and eventually turn into a good investment.

Website: https://www.arcs-chain.com/

White Paper: https://www.arcs-chain.com/whitepaper_en.pdf?v=20191122b

Social Media:

https://twitter.com/ARCS_ARX

https://medium.com/arcs-arx-official
https://t.me/ARCS_ARX_EN

Posted by kurniawan05

Profile link: https://bitcointalk.org/index.php?action=profile;u=1187741
ETH: 0x3946bc29197BF793CB796243109b39b019c3fC00

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IQ_Cash_Income

May 2 2020

All You Need To Know About IQ.Cash Before Jump Into 200- 300% Income Strategy

The official account of IQ.cash mentioned the strategy to gain 200 – 300% passive income. Which means you can gain such fortune without even need to go outside. Is it possible? The coin system designed for IQ.cash makes this idea possible. With the growing number of cryptocurrency users all over the world, this IQ digital money has a chance to be bigger soon. Just like the famous Bitcoin, your simple investment might flourish in years.

Regarding that idea, stacking and invest in the master node attract quite a lot of people. Especially for the traders, investors, and also miners out there. The IQ crypto trains are appealing to many people. How could it be? Is it wise to join? The high expected income is the main interest of this project. Before you join the train, you should know some basic information. What is that information? Check it out in the following explanation.

Brief Explanation About The IQ.Cash

It is important to know where you will invest your money. Thus, let’s talk about IQ.cash. IQ cash is a universal large-scale blockchain platform that opens for all traders, investors, and miners. The main goal of this project is to provide instant anonymous online investment and payments through the master node system. While Cryptocurrencies users keep on growing in numbers around the world, this project can gain enormous profit shortly.

According to the StackofStake knowledgebase site, the overall project score is mainly focused on the market states and social media activity. The market stats and social media activity hit the 7.6 points. While the development activity only gets 2 points. This is granted since the DAO system and block split focused on the holder and the miners. What is means? This project has shown its main purpose in gaining high profit in the future.

The DAO System And The Block Reward Split

It can be said that the system used by the IQ.cash is the main interest. Just as said before that the main purpose is to gain high profit. How could? The block reward split through the master node system is another vital point. If you look at other projects, it is very common that the share will be poured on the platform ecosystem. However, you will find a very small block reward share for the IQ.cash DAO (decentralized Autonomous Organization) ecosystem. 

Most of the time, a high portion of the share will be given for this DAO ecosystem. The main reason is to develop the platform. How about this project? Indeed, the ecosystem will get its portion but it is only 6%. Is it bad? No, of course not. The 6% to DAO or trader projects will be used to finance approved projects provided by traders. It includes web sites, software, startups, algorithmic trading systems, and improvement of the IQ Cash ecosystem.

At the same time, there will be no condition in the network. Your money or fund in this network will be in your total control, no one can access or make a profit of it. The DAO also explains that you have the right to convey a proposal for the platform. Then how if there is something wrong in the network? Since it is DAO, everyone can give ideas. The problem will be solved together, 6% of reward shares will be used as the fund to fix the occurring problems.

You will be happy to hear the exact number of block reward split. How much it is? IQ.cash universal, blockchain platform shares will be 57% given to the master nodes owner (investors or holders), 43% for the IQ.cash master node system miners, and the 6% will be given for the DAO. If you are unfamiliar with this crypto project, you will find this number strange. On the other hand, this percentage shows great possible future income for your investment.

The Wallet And Flits Application

There are three wallets available for IQ.Cash. It is not the physical wallet, but one which holds your digital money balance. In this case, you can use a personal computer using Mac, Linux, or Windows. You can download and install it to gain access to your digital money along with managing your master node. To ease the participants, this IQ.cash also available in Flits application from your smartphone.

You can download this Flits app as the cryptocurrency wallet. At the same time, this app is also known as one way to follow the 300% passive income strategy. There is a complete step by step instruction available on the IQ.cash social media sites. Or if you are interested, look for the related update on this site. In case you are curious, this is a brief explanation that might help and explains a tad bit about the use of flits for IQ.cash master node.

First, you should download and install through AppStore or Google play. Install and make an IQ.cash wallet. Follow the instruction, then explore and find IQ.cash to make a new IQ wallet.  After having your IQ wallet, you need to deposit buy IQ cash and later on deposit into your wallet. Along with that, you can continue and make or start an IQ master node (check the complete steps for better explanation). Right after starting the master node, you are now an official holder. 

The Master node Block System

Is it that easy to be part of the investor? Yes, it is. All you need is to purchase a certain number of IQ.cash (3,000 coins). Then deposit the coin to start having your master node server. While your deposit blocked, you will start gaining your compensation as one of the holders. That is, as easy as that to gain access for future 300 – 400% passive income. How could it be? How the can master node Reward block system give you such amount of money?

The answer is simple. The enormous split gives you a high share of the money. After depositing 3,000 coins you are officially regarded as one of the holders, which have a reward portion of 57%. You may have to share accordingly with 43% for the miners, but still, your share is quite big. The master node will operate payments inside the blockchain system. At the same time, it is worth noting that IQ.cash will eventually thrive over time. 

The more people use IQ.cash the higher the value will be. Just like Bitcoin, the starting value of IQ.cash might be lower. However, over time the value will rise significantly. Especially, with a high rate of online transactions nowadays. If you are interested in a higher profit, this is your chance. While you can gain profit from the reward system, there is a quite interesting event such as bounty. The bounty has a reward of coins that worth thousands of dollars. 

Coin Exchanges And Profit Generator

After becoming one of the holders, you will start gaining profits. In this case, you have two options. First, stack the profit and buy more servers for bigger income. Or you can trade your coin on the exchange site partners. You can use CryptoBridge, Cryptopia, Mercatox, or Crex24 to trade the coin for a real dollar. If you are interested in the first option, it is better to deposit only 3,000 coins for each server. Why? because the higher deposit the lesser compensation you will get. 

The Security And Anonymity Aspects

Until here you might still doubt to join the IQ.cash. However, there is quite a lot of reasons why do people use this digital money. The first thing that came out to your mind, might be about security. Is it trusted? Does your money okay? Don’t worry, IQ.cash has millions of active users throughout the world. While it continues growing over time, it can be said that this cryptocurrency is credible and trusted by a lot of people.

At the same time, the IQ.cash team ensures that the user’s account cannot be blocked. It means your fund will not be accessed by anyone other than you or owners. Another reason is the anonymity of the transaction. The system uses the PrivateSend algorithm, which ensures all the transactions under the name of anonymous. The system is completely trustable. It will securely encrypt data whenever you transfer or receive an asset, and there won’t be third-party access.

The Master Node And DAO Systems

How about the system? Just as explained before, that the IQ.cash platform run DAO for the ecosystem and use consensus PoW with the master node system support. The IQ.cash decentralization network implies that there won’t be any dominant influence on the other members of the network. Everyone has the same right, including you. This system excludes influence on coins due to the limited release and also not provided additional emission.

On the other hand, master node system support is used to make attractive mining and holders income. In this case, IQ.cash split the blockchain reward into 43% for the miners and 57% for the investor or master node holders. At the same time, this kind of system provides higher network integrity. Along with supporting anonymity of transactions and also a higher speed of the transaction. To get a master node server, you should invest 3,000 IQ cash. 

ASIC Resistance And Transaction Speed Technology

To assist and give better performance for all the participant, IQ.cash adopt Asic resistance technology. The technology called a NeoScrypt algorithm used to solve the problems related to the acceleration of network complexity growth when using ASIC. Compared to the use of CPU usage, this technology successfully overpasses and support the growing network. Another technology made this IQ.cash worth to try is InstantSend.

Just as the name implies, InstantSend technology is adapted into the IQ.cash system to ensure high-speed transactions. To support the ever-growing digital money throughout the world, this type of technology is very vital. Especially, related to the money transaction. The instantaneous exchange of data across the network is available. Whenever for transfer or receive assets, all your transactions will be done instantly within just 5 seconds.

Roadmap And The Latest Update

The IQ.cash project has been running from the year of 2018. It can be said that the roadmap of this project is just as good as it is. The website, IQ.cash blockchain, wallet, mining pool, and DAO were launched and released around June – Augustus 2018. Steadily, the project keeps on moving. In the first quarter of 2019, IQ DAO launched. In the Q1 to Q2 2020, the project starts to list at least 5 high-volume exchanges. It is continuing to Q3 2020.

There will be integration with tradersfair.com in the Q3 2020. Later on, the third and fourth quarter of 2020 will be full of many events for traders. Along with that, starting from April 15th to May 14, 2020, there is a Bounty campaign with the fund 60,000$. It is also having a reward pool of 200,000 IQ which is equal to a total of 60,000 USD. Together with the bounty, IQ cash releases a stacking strategy using 3,000 IQ.cash deposit to make 300% of passive income.

This strategy has attracted quite many investors, miners, and traders into the system. If you are interested, all you need to do is deposit 3,000 IQ cash and be one of the holders. At the same time, you will need to install the IQ master node in the Flits apps. The ever-growing of IQ.cash users and the stacking method, allow you to gain more profits from the block system. Along with the 57% reward splits, you can generate 200% – 300% passive income in the future.

That is some information about IQ.cash. The project is promising and most likely getting bigger in the future. To gain the promised profit, you need to be an investor in this project. You can submit by depositing 3,000 IQ coin and gain your master node server. From that server, you will split the whole profit with miners (57% for you and 43% for miners). If you are interested, it is wise to deposit into the projects while it still in the early stages.

Ann Thread: https://bitcointalk.org/index.php?topic=4360591
Website: https://iq.cash/
White Paper: https://iq.cash/iqcash_whitepaper.pdf
Bounty Thread: https://bitcointalk.org/index.php?topic=5240221.0
Exchanges list: https://coinmarketcap.com/currencies/iqcash/markets/

Social Media:
https://twitter.com/IQ_Crypto
https://www.facebook.com/TradersFair/
https://www.youtube.com/finexpo

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Liqio

Jan 22 2020

Using Liqio Exchange For Your Digital Asset Trading

Talking about digital asset trading, sometimes we could not understand the terms that make us feel confused, which leads us to forget about it. But if you look closely, the digital asset trading is probably the main thing that people used as their income for their living. However, trading on digital assets or cryptocurrency might come with many challenges. Hence, if you are not smart enough to choose an intelligent trading decision, then it will be so hard for you to gain a token, which is, in this case, is the possessive investors are dying to buy. In other words, it can be said that doing “business” in this digital asset trading is not an easy peasy thing to be done. Nonetheless, if you do this business with the proper platform, it probably can make you more confident and believe in doing this business.

Recently, there is a platform that perhaps is the best tool for you to surf the digital asset or cryptocurrency business. It called Liqio Exchange. It is the newest digital asset platform in the line and already gained much attention since its features provided many properties that can be used by you. The Liqio Exchange is built in Estonia and aims to reduce the hassles that come with trading on digital assets. It comes up with a fresh and understandable interface. This platform, however, can lead you to find the best excitement in doing this digital asset or cryptocurrency business.

Now talking about the primary digital asset or cryptocurrencies in Liqio Exchange is still like the common platform that makes LQO tokens as their primary also. However, in this Liqio Exchange, it provides many features to offer. Let’s take a look at features that offer by Liqio Exchange down below;

How Does It Work?

Since Liqio Exchange will get their first financial license, it will make this platform will get their exposure as the other similar companies who have already gained its name and proper perspective. Besides, by getting the license, it also is a good point for liqio exchange to be the platform that can stand above their self without getting help from others. It will raise the intention of the new participants or traders to join this platform.

Furthermore, Liqio Exchange works will have similarities with other platforms that rely on blockchain as their technology resources. In this case, by using blockchain technologies, this platform can be used for carried out any transactions in instant, transparent, and more importantly, it will be safer due to unchanging data from its participants or traders who use this platform.

However, as the main reason this platform build, which is one of the platforms that provide any digital assets transactions from both seller and buyer, this platform also can receive dividends for holding an internal token. Hence the holder of the token will be able to take their part into the voting things that consist of this platform.

The Voting Model From Traders

In this Liqio Exchange Platform, the traders that consist of it can give their suggestions or inputs for any topic that put in the table. It can be assumed that Liqio Exchange is the only platform for the digital asset or cryptocurrency business that designed management that includes all the participants to taking care of the issue. Furthermore, by these circumstances, the participants or traders can vote for their suggestions or even can fight back the topic brought in the table by using their LQO tokens.

Following the previous line, it means that Liqio Exchange provided every single participant or trader a token holder, and it would be allowed freely to give their suggestions on each topic delivered by the Liqio Exchange. However, the Liqio also patterned each vote from participants or traders to be one vote per token. It means that 1 LQO token equal to the one vote.

Tokens

Since the systems in this platform will be based on LQO, which means all the orders will be developed based on ethereum. ERC 20 Standards will also establish the policies. However, there is another thing that needs considerable attention, which is the amount of the token will approximately be covered in 100.000.000 total of LQO.

Following the previous case, it will make the value of the coin will be added with potential demand in the digital asset market is increasing. Moreover, in this platform, it will also develop a plan that focuses on the STO; however, since this is still in proposing tempo, the distribution of the coins will be conducted as usual.

Understandable Trading Interface

In Liqio Exchange, you will find out the most comfortable and natural trading interface. It often has seen a trading platform with such an unclear and uncommon interface that leads us to confusion. However, in this Liqio Exchange, it all can not happen since its interface is a hundred percent can understandable by even the beginner’s traders. Furthermore, in Liqio Exchange, you can use the platform without worrying about malfunction or anything else.

The Revenue Model

Talking about the income in this Liqio Exchange, it has different revenue compare with another platform. In this platform, there is 4 primary revenue that you can consider as the reason before you land your choosing to use this platform, those four model as follows:

  1. Trading Fees
    Of course, the trading fees are the primary revenue in this platform. In this case, the participants or traders will pay trading fees while they perform a transaction. The allocation of income will consist of the 0,10% current rate for the maker and 0.20% for the taker of the trade. However, you need to pay attention since the trading fees may be changed and optimized in agreement with the community by voting from the token owner.
  1. Withdrawal Fees
    In these terms, the participants or traders will pay the fees from their withdrawal. The amount of withdrawal itself varies due to the token or coin, and sometimes it depends on the rates.
  2. Listing Fees
    To make the listing, sometimes, it requires a fee from its participants or traders who wants to put their listing in the table. Also, the listing that consists of coins or tokens has to be selected and voted by the community, and after the list has already been confirmed by the community, the listed will be free charge of each month.
  3. Ancillary Services
    The last revenue model will be the additional services provided by the Liqio Exchange that covers White label, launchpad, legal advice, and many more.

The Spending Model

Of course, when there is revenue, there also will be spending. Thus, in this platform, there are four models of spending that the participants or traders need to know. Those four spending model are mentioned below as follows;

  1. Growth
    The first spending model in this platform is growing. It means that when the 35% security token offering STO revenue is needed to be invested for the growth of the platform itself. In order to apply this, the Liqio exchange will use various methods to expand their user base.
  2. Developing The Exchange
    The second spending model will be allocation of 45% of the security token offering for the development of the exchange and its functions. It also used for the development of Initial Exchange Offering IEO, community trading, and many more.
  3. Compliance and Security Update
    The third spending model will be used 15% of income to make the compliance regulations and security systems be updating following the other sectors’ developments.
  4. Other Expense
    The last spending model will focus on the renewal of things such as equipment, servers, attending seminars, and many more. The allocation will be at 5% of the revenue or income.

The Advantages of Liqio Exchange

Like any platform that includes in the digital asset or cryptocurrency business, the Liqio Exchange also has its own advantages that you can use as a reference before you take your own part to join this platform. Those advantages are mentioned below as follows;

  1. Legalized Platform
    The first advantage you may want to know is about the legalization of this platform. Indeed, the liqio exchange is already registered under the Estonian identifier number 14789497 (Financial and insurance activities). By this, it makes it clear that the Liqio exchange is a platform that can give you confidence in doing the digital asset or cryptocurrency business while the other platforms might be illegal.
  2. Safety
    As it has been registered in European regulations, the Liqio exchange will provide you with extra safe trade activities. It also will make your cryptocurrencies secure.
  3. Secure Wallet
    In this Liqio exchange, almost a hundred percent of the funding is in the form of cold wallets. It means that you do not have to worry about a thing that related to the fraud or something even worse.
  4. Mobile Friendly
    Since this era, everyone uses their smartphone as their daily basis equipment so the
    Liqio exchange will also try to apply their platform with mobile web browsers that compactible with an understandable interface.
  5. Referral Program
    If you want another income for yourself, then you need to tell your friends about this platform, let them sign themselves to the platform, and then the Liqio exchange will give you a fee commission as a reward.

Problems in Liqio Exchange

Using this Liqio Exchange as your platform or media in doing digital asset or cryptocurrency business does not mean that you are in great systems that can be tracked by the problem, or in other words, is safe. It means that you need to prepare some heavy mental in order to face some problems that might be happened at a certain time without asking your permission. Those problems consist in the Liqio exchange are mentioned below as follows;

  1. Financial Loss
    The first problem that usually happened in this digital asset or cryptocurrency business is that when you do the transaction, that gives too much commission to other participants or traders.
  2. The Efficiency
    The second problems are about efficiency. Since using this Liqio exchange means that you will be spoiled with many features that make you feel more comfortable, it indirectly will make you forget about things that require effectiveness, such as the cost number of transactions, the commission you need to give to the conductors.

However, by looking at the advantages of using this platform, perhaps those two issues can be maintained and fixed properly.

Liqio Risk Assessment

As one of the first priorities held by Liqio Exchange is to guarantee their participants or traders’ safety in its comfortable transaction. So, this platform conducts a risk assessment. It aims to identify which users have a risk profile to be their users. Following this, the participants or traders need to do an assignment held by Liqio Exchange before they join the platform itself.

In this case, Liqio Exchange will make a restriction for those participants or traders who lived in countries that listed in the risk categories of the country that not allowed to use cryptocurrencies, countries who have low tax, and that user who make the transactions of cryptocurrency and cash in an abnormal way.

Furthermore, for more details information the risk assignment conduct by Liqio Exchange will cover three different assignment as follows:

  1. Level 1 Risk
    This assignment will cover the information about the country of the new participants or traders who want to involved in the platform. It also covers such things likes the legal person of area, the legal person activities, the representative of the owners of the coins, and many more.
  2. Level 2 Risk
    This Assignment will cover the activities that the users have before taking its part into account. It also will gain information about the information on users’ legal activities linked with whether it is legal, financial offense, or other suspicious activities related to financial matters.

The Conclusion

Since using a traditional transaction will make you worry about several issues that need to handle properly, then you need to start using this Liqio exchange as your platform for doing the transactional business. It also can be used by you if you want to involve more in the digital asset or cryptocurrency business. By looking at the advantages that offer by this platform, somehow, it convinces me to use this platform also. Additionally, about the interface that can be understandable to use, personally for me, and don’t forget to mention the features provided in this platform, it’s awesome.

Ann Thread: https://bitcointalk.org/index.php?topic=5195018.msg52840589#msg52840589
Website: https://liqio.co/
White Paper: https://drive.google.com/file/d/1Zq0d0k4-dJWqoVihnLdWLjTrpWX6YROV/view

Social Media:

https://www.facebook.com/Liqio-101013327984747/
https://www.linkedin.com/company/28385007/

Posted by kurniawan05

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Jan 22 2020

Same Problem, Different Drivers: 2019 is Breaking Records for Data Breaches

Some types of cyber threats run together in many people’s minds. However, the question of what is a data breach versus a different type of cyber incident is pretty clear.

Data breaches have become a daily occurrence. Many organizations collect massive amounts of data about their customers and fail to properly secure these collections. Since this data is valuable on the black market, cybercriminals take advantage of these weak protections to steal sensitive data.

It probably should not come as a surprise that the threat of the data breach is not only ongoing but growing. Organizations still have the same vast collections of sensitive data, and it is only becoming more valuable. However, while the growth of the number of data breaches and exposed records in 2019 is to be expected, the drivers behind the exposure of sensitive data may be less so.

The Threat of the Data Breach

Data breaches have entered the public consciousness as one of the biggest cybersecurity threats in existence. They probably would have the top spot unopposed if it wasn’t for the very visible and personal threat of ransomware.

For many organizations, preventing a data breach is one of their highest cybersecurity priorities. With the passage of new data privacy laws like the General Data Protection Regulation (GDPR) in the European Union, the California Consumer Privacy Act (CCPA), and dozens of others, being the victim of a data breach can be extremely costly for an organization. This has created some odd incentives in cybersecurity efforts like bug bounty programs, where extremely common threats like cross-site scripting (XSS) that don’t often result in data breaches are assigned much lower bounties than rarer threats that could result in a major, public breach.

Protecting against data breaches is difficult because they can be performed in so many ways. A common cause of a data breach is misconfigured security settings in the cloud, where a “public” data store is fully accessible to anyone who can learn the URL. Data breaches are also commonly caused by exploitation of web application vulnerabilities (including XSS) that take advantage of the fact that these web apps often have direct access to back-end databases containing user account information.

Organizations attempting to protect themselves from the threat of data breaches must struggle with the fact that a data breach can be very profitable for an attacker and is difficult to defend against due to the wide range of possible attack vectors. Since the majority of organizations lack the level of technical knowledge and expertise held by many cybercriminals, and the identification of vulnerabilities that can be used in data breaches can be performed in an automated fashion, it shouldn’t be surprising that the number of data breaches is growing.

Data Breaches Continue Growing

2019 is a bad year for data breaches. In the first nine months of 2019, there were a total of 5,183 different data breaches with 7.9 billion records exposed. This represents a significant growth in both the number and impact of data breaches compared to the same period in 2018. The number of breaches has grown by 33%, and the total number of breached records is 12% higher.

Interestingly, the drivers between the number of breaches and the volume of breached records differ. Unsurprisingly, cybercriminals were responsible for the majority of data breaches; however, they don’t account for the majority of breached records.

Accidental data leaks, like those caused by misconfiguration of cloud services security settings, have caused over 6 billion records to be exposed in the first three quarters of 2019. This number is calculated based upon the number of insecure cloud data repositories that have been discovered and reported. However, the true amount of data exposed on these cloud deployments is likely much higher, and the nature of the cloud means that organizations with insecure cloud resources may not even be aware if they have been accessed by unauthorized parties.

How to Protect Sensitive Data

Data breaches can be carried off in a wide variety of different ways. Many of them are intentional actions by cybercriminals attempting to gain access to sensitive data for their own use or for resale on the black market. However, others occur without malicious intent as companies accidentally expose their own data due to negligence or a lack of understanding of how to secure new environments like the cloud.

Protecting against data breaches requires the ability to identify and monitor repositories of sensitive data through the organization’s environment. While the organization’s main databases may be well-protected, unforeseen circumstances can cause sensitive data to be stored in unprotected repositories.

Data may be migrated to the cloud to fulfill business needs, but without the oversight of the organization’s IT and security teams. Sensitive data may be needed to test software under development and be copied to a database within the development environment. The organization may have backup systems in place to protect against ransomware but inadequately protect those backups.

These unofficial data repositories are a favorite target of hackers since they lack the defenses of the main database. Protecting against data breaches requires visibility and security into all of an organization’s sensitive data, wherever it may be located.

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