Mobile banking applications are highly vulnerable to cyber threats, according
to a report released by Positive Technologies. Their analysts found that NONE
of the 14 banking applications tested had acceptable levels of security and were
actually more vulnerable on the server-side than clients. Cyber-criminals will
certainly access sensitive data and steal from these users.
43% of the applications installed stored information on their phone in clear text,
at risk of being accessed by bad actors. Worse still…76% of the vulnerabilities can
be exploited without physical access and more than one-third can be exploited
without administrator rights. So hackers can easily access sensitive data, including usernames, account balances, transfer details, and the phone numbers bypassing all
authentication and authorization protocols.
None of this would happen if only these applications adopted proper encryption. Acknowledged encryption expert Andrew Cheung (CEO at IronCAP) urges all users, personal and business, to adopt the highest security measures. Every day hackers are scouting for vulnerabilities in software and programs and every day brings news of
new data breaches and hacks. If you are serious about data protection reach out to Andrew Cheung – his IronCAP encryption shields you against all cyber vulnerabilities and provides a bullet proof encryption for your data. In addition to that it is also quantum-safe which means you need not worry about the upcoming quantum hacking tsunami expected in 2022!
As we know cryptocurrency and blockchain is widely accepted today.
Cryptocurrency is redefining the conventional finance industry, and
blockchain is changing the face of businesses and governments today.
Powerful countries such as China are using blockchain technology for
their newly announced digital currencies. Blockchain has multiple
applications, it can be used for asset traceability, supply chain, trade
payments, global payments, banking systems, voting and even digital
identity. Using this very technology, new business models are evolving and
disrupting the existing ones.
While blockchain is a revolutionary technology it is vulnerable to
hacking with massive repercussions, the infrastructure endpoints
are at risk from a quantum attack. As we know quantum is
here, tech leaders such as IBM, Google, and Microsoft are developing the
most powerful computers that will one day hack the blockchain
infrastructure in seconds. State actors are investing massively
in quantum hacking, in fact many believe that the cyber cold war is already
Let me summarize the issue at hand, in the quantum world blockchain endpoints are
hackable by quantum computers, so entire currencies or infrastructure
records can be subverted within seconds. IronCAP can help the blockchain integrity, it was built to protect data against all quantum threats and can secure the blockchain endpoints. IronCAP along with the blockchain infrastructure will be invisible to all cyber threats.
01 Communique Laboratory Inc. filed a patent with the United States Patent and Trademark Office (“USPTO”) for a Cryptographic System and Method that facilitates sending encrypted emails to a recipient.
Andrew Cheung, President of 01 Communique said, “This new patent application receipt is a very important milestone towards providing businesses and individuals with a seamless end-to-end encrypted email system that delivers encrypted messages that only the intended recipients can decrypt and read.” An added advantage of this product is that while it safeguards against attacks on today’s computers, customers can be ensured that they are also safe from future malicious Quantum Computer attacks.
In a traditional end-to-end email encryption system, the recipient must first be a user of the system before the sender can send encrypted messages to the recipient. The new method filed in the patent facilitates sending encrypted emails to a recipient without having to first require the recipient to be an existing registered user of IronCAP X. This invention enables a seamless plug-and-play mechanism to automatically invite new IronCAP X users fuelling a viral growth pattern.
The IronCAP X product encrypts sensitive emails such as those sent by financial, legal, and other institutions, and protects personal or business data. A key feature of IronCAP X is the digital signature of emails to confirm sender identity, this feature will shut-down the source of most malicious activities such as ransom attacks and phishing email scams.
01 Communique has achieved a milestone towards providing businesses and individuals with a seamless end-to-end encrypted email system. This will discourage hackers to attack email servers of email providers.
Cybersecurity CEO, Andrew Cheung, at IronCAP sees this pandemic very differently than most CEO’s in other industries. COVID-19 has brought about a plague of cybercrime, phishing has never been so easy! This gives IronCAP the opportunity to shine, boost encryption, use bullet proof digital signatures and protect the data of users beyond anything that came before.
Through revolutionary technology, Andrew Cheung has achieved highest levels of security to protect your data now and in the quantum future. With Andrew’s 20+ years of experience in remote protocols and communication, IronCAP and its owner 01 Communique have been remote for more than 20 years! This allows Andrew to maintain control of day-to-day operations, manage staff remotely, and keep product launches on track.
Andrew said, “While it’s not easy we have to keep moving forward. I have created the technology (IronCAP) to ensure our users across the globe can protect their private data against current and future cyberattacks.” The unique cryptographic technology, digital signatures and end-to-end encryption not only insulate us from Phishing attacks but will completely eliminate Man In The Middle attacks too.
IronCAP is designed to be a bolt-on replacement of current cryptography (e.g. RSA) as it is compatible with existing infrastructure. Now more than ever a cybersecurity CEO wants to provide a safe cyberspace for people to freely navigate. IronCAP’s quantum-safe cryptography solution enables the construction of public-key infrastructure (PKI) to secure users against any adversary equipped with a quantum computer which is imminent. It encrypts data transmitted over the Internet, and is radically redesigned so that it is faster than RSA, can withstand a quantum computer cyberattack, and does not allow “back door” access to the data. Also, email messages sent using IronCAP X on a laptop or a mobile device, can NEVER be read by an unauthorized third party.
As a cybersecurity CEO, Andrew Cheung, in this rare pandemic envisions a future wherein, he with the help of technology can provide data protection and privacy to all.