Topic: 🔥🔥🔥 [ANN][ICO] BITFENCE - REMOVE HACKERS FROM YOUR NETWORK - page 49. (Read 30058 times)

Quote from: phantam on May 31, 2018, 05:13:04 PM

People seem to forget that hackers aren’t exactly easy to catch just because an ip is a source of an attack doesn’t mean that’s the attacker it could just be an insecure network being used to relay an attackers actions that’s why most smalltime hacks don’t get prosecuted it’s better to stop it be trying to rigure out the true source

I think the proactive approach with this one is what is most interesting. Since the honey pot would actively attract and analyze hacking attempts almost instantly and distribute to the rest of the network you are basically protecting before the attack happens.

Also a more experienced hacker will know what a honeypot is and how it works. And can in turn use it against the miners. How can bitfence prevent this ?

That's exactly what their lead team member said in the video interview, that they know IP's can be comprimised which is why each hackers fingerprint will be unique, and not include IP and machine name etc.

Building a fingerprint of the hacker is a wise move as it moves them away from traditional blocking and more towards something actually useful in preventing future attacks I’m gonna be interested to see how the full fingerprint is built

That's probably the most innovative part of this project, i don't actually know how the technical part of the fingerprint works but one thing is for sure, you can't fake a fingerprint and even if you do, it will take a whole lot of effort than just changing an IP and all that, so it is a right step in the right direction and to me, this is the first of its kind

ibininja

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Quote from: faulerwilli on May 31, 2018, 04:04:36 PM

Quote from: Soslumisir on May 30, 2018, 01:47:38 PM

As cryptocurrency growth at this exponential rate, i think the security will become more relevant in this space. Happy to see bitfence is making contribution to crypto space and make the ecosystem more resist to hacker.

You're absolutely right, that simply means an increase in the market value of the project with every new entry that is made in the crypto world will lead to a potential increase in the value of the token and is not just the cryptosphere that this is applicable but the traditional means too, so the project has a huge market base, its relevance will keep growing

I agree with you Mate. Cryptocurrency market is clos to $500B+ I think. This means lots of hackers will be active and trying to steal the data/wallet. That's why I think BitFence products will be in demand.

If only it was at $500B+ !!! It has been consolidating around $300billion currently at $330billion. Also BitFence is targeting securing at multiple levels - mainly targeting securing business' rather than Cryptocurrency wallets.

I am honestly interested in trying out the honeypot and see how much returns that would have. I know mining Eth for example is not as profitable as it used to be so I hope this would be better Tongue

I think at the beginning of a project mining is mostly profitable
And what you should not forget here: Even if you earn little, it is a great reward, if you caught hackers and prevents them from hacking :-)

Exactly it’s a good thing regardless but with this project you do the right thing and you get rewarded for it so I’m not sure how people could ask for more i mean imagine if avg paid it’s users for finding viruses lol this teams gonna basically pay for helping to find and develop fingerprints of hackers

putting it that way ya; I mean if any of the current anti virus software paid part of what they get it we will all be rich Tongue

. As mentioned I think it is mostly profitable around the launch since you will get them tokens easier and when they grow they will be more valuable.

Owillz

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Quote from: Darkoth89 on May 31, 2018, 03:25:14 PM

People seem to forget that hackers aren’t exactly easy to catch just because an ip is a source of an attack doesn’t mean that’s the attacker it could just be an insecure network being used to relay an attackers actions that’s why most smalltime hacks don’t get prosecuted it’s better to stop it be trying to rigure out the true source

Yeah true, it's a fact being stated cause even if they are caught they could as well destroy the source and deny the act, I wish a secret camera capture can be put in place aside tracking of IP

And how would you do a secret camera capture ? I mean everyone want that, but that is even more difficult than tracking a IP. You have nowadays a lot of tools to get a IP from someone you want.

Yea. And the thought of that gives a weird feeling. Meaning there is actually a chance of nabbing the wrong person while the right person goes around with maybe another iP. Hopefully the team may have thought of this.

gee777

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Quote from: faulerwilli on May 31, 2018, 04:04:36 PM

People seem to forget that hackers aren’t exactly easy to catch just because an ip is a source of an attack doesn’t mean that’s the attacker it could just be an insecure network being used to relay an attackers actions that’s why most smalltime hacks don’t get prosecuted it’s better to stop it be trying to rigure out the true source

Yeah true, it's a fact being stated cause even if they are caught they could as well destroy the source and deny the act, I wish a secret camera capture can be put in place aside tracking of IP

And how would you do a secret camera capture ? I mean everyone want that, but that is even more difficult than tracking a IP. You have nowadays a lot of tools to get a IP from someone you want.

Lol what the hell is a 'secret camera capture'? This is the whole point that BitFence is trying to do, because IP address alone isn't evidence, they will be fingerprinting each detected hacker with their own signature.

Lol... Secret camera capture isn't cool. So bitfence miners will be hacking the hacker's camera. Which can also turn out bad for bitfence and bring about legal actions against bitfence.

nesh1

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Quote from: Soslumisir on May 30, 2018, 01:47:38 PM

As cryptocurrency growth at this exponential rate, i think the security will become more relevant in this space. Happy to see bitfence is making contribution to crypto space and make the ecosystem more resist to hacker.

You're absolutely right, that simply means an increase in the market value of the project with every new entry that is made in the crypto world will lead to a potential increase in the value of the token and is not just the cryptosphere that this is applicable but the traditional means too, so the project has a huge market base, its relevance will keep growing

I agree with you Mate. Cryptocurrency market is clos to $500B+ I think. This means lots of hackers will be active and trying to steal the data/wallet. That's why I think BitFence products will be in demand.

If only it was at $500B+ !!! It has been consolidating around $300billion currently at $330billion. Also BitFence is targeting securing at multiple levels - mainly targeting securing business' rather than Cryptocurrency wallets.

I am honestly interested in trying out the honeypot and see how much returns that would have. I know mining Eth for example is not as profitable as it used to be so I hope this would be better Tongue

I think at the beginning of a project mining is mostly profitable
And what you should not forget here: Even if you earn little, it is a great reward, if you caught hackers and prevents them from hacking :-)

I think it is better later on when you are already making a good amount and when you earn the amount you spended on the miner back.

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Quote from: Darkoth89 on May 31, 2018, 03:25:14 PM

Quote from: faulerwilli on May 31, 2018, 04:04:36 PM

People seem to forget that hackers aren’t exactly easy to catch just because an ip is a source of an attack doesn’t mean that’s the attacker it could just be an insecure network being used to relay an attackers actions that’s why most smalltime hacks don’t get prosecuted it’s better to stop it be trying to rigure out the true source

Yeah true, it's a fact being stated cause even if they are caught they could as well destroy the source and deny the act, I wish a secret camera capture can be put in place aside tracking of IP

And how would you do a secret camera capture ? I mean everyone want that, but that is even more difficult than tracking a IP. You have nowadays a lot of tools to get a IP from someone you want.

Lol what the hell is a 'secret camera capture'? This is the whole point that BitFence is trying to do, because IP address alone isn't evidence, they will be fingerprinting each detected hacker with their own signature.

I think he means that the camera of the user will be hacked, and so you can view the person who is hacking.

I find it also better that they are going to fingerprint the hackers.

phantam

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Quote from: Soslumisir on May 30, 2018, 01:47:38 PM

As cryptocurrency growth at this exponential rate, i think the security will become more relevant in this space. Happy to see bitfence is making contribution to crypto space and make the ecosystem more resist to hacker.

You're absolutely right, that simply means an increase in the market value of the project with every new entry that is made in the crypto world will lead to a potential increase in the value of the token and is not just the cryptosphere that this is applicable but the traditional means too, so the project has a huge market base, its relevance will keep growing

I agree with you Mate. Cryptocurrency market is clos to $500B+ I think. This means lots of hackers will be active and trying to steal the data/wallet. That's why I think BitFence products will be in demand.

If only it was at $500B+ !!! It has been consolidating around $300billion currently at $330billion. Also BitFence is targeting securing at multiple levels - mainly targeting securing business' rather than Cryptocurrency wallets.

I am honestly interested in trying out the honeypot and see how much returns that would have. I know mining Eth for example is not as profitable as it used to be so I hope this would be better Tongue

I think at the beginning of a project mining is mostly profitable
And what you should not forget here: Even if you earn little, it is a great reward, if you caught hackers and prevents them from hacking :-)

Exactly it’s a good thing regardless but with this project you do the right thing and you get rewarded for it so I’m not sure how people could ask for more i mean imagine if avg paid it’s users for finding viruses lol this teams gonna basically pay for helping to find and develop fingerprints of hackers

faulerwilli

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Quote from: Soslumisir on May 30, 2018, 01:47:38 PM

As cryptocurrency growth at this exponential rate, i think the security will become more relevant in this space. Happy to see bitfence is making contribution to crypto space and make the ecosystem more resist to hacker.

You're absolutely right, that simply means an increase in the market value of the project with every new entry that is made in the crypto world will lead to a potential increase in the value of the token and is not just the cryptosphere that this is applicable but the traditional means too, so the project has a huge market base, its relevance will keep growing

I agree with you Mate. Cryptocurrency market is clos to $500B+ I think. This means lots of hackers will be active and trying to steal the data/wallet. That's why I think BitFence products will be in demand.

If only it was at $500B+ !!! It has been consolidating around $300billion currently at $330billion. Also BitFence is targeting securing at multiple levels - mainly targeting securing business' rather than Cryptocurrency wallets.

I am honestly interested in trying out the honeypot and see how much returns that would have. I know mining Eth for example is not as profitable as it used to be so I hope this would be better Tongue

I think at the beginning of a project mining is mostly profitable
And what you should not forget here: Even if you earn little, it is a great reward, if you caught hackers and prevents them from hacking :-)

Darkoth89

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People seem to forget that hackers aren’t exactly easy to catch just because an ip is a source of an attack doesn’t mean that’s the attacker it could just be an insecure network being used to relay an attackers actions that’s why most smalltime hacks don’t get prosecuted it’s better to stop it be trying to rigure out the true source

Yeah true, it's a fact being stated cause even if they are caught they could as well destroy the source and deny the act, I wish a secret camera capture can be put in place aside tracking of IP

And how would you do a secret camera capture ? I mean everyone want that, but that is even more difficult than tracking a IP. You have nowadays a lot of tools to get a IP from someone you want.

Lol what the hell is a 'secret camera capture'? This is the whole point that BitFence is trying to do, because IP address alone isn't evidence, they will be fingerprinting each detected hacker with their own signature.

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Quote from: Ace44 on May 31, 2018, 11:34:08 AM

People seem to forget that hackers aren’t exactly easy to catch just because an ip is a source of an attack doesn’t mean that’s the attacker it could just be an insecure network being used to relay an attackers actions that’s why most smalltime hacks don’t get prosecuted it’s better to stop it be trying to rigure out the true source

Yeah true, it's a fact being stated cause even if they are caught they could as well destroy the source and deny the act, I wish a secret camera capture can be put in place aside tracking of IP

And how would you do a secret camera capture ? I mean everyone want that, but that is even more difficult than tracking a IP. You have nowadays a lot of tools to get a IP from someone you want.

Nathan01

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Quote from: Soslumisir on May 30, 2018, 01:47:38 PM

As cryptocurrency growth at this exponential rate, i think the security will become more relevant in this space. Happy to see bitfence is making contribution to crypto space and make the ecosystem more resist to hacker.

You're absolutely right, that simply means an increase in the market value of the project with every new entry that is made in the crypto world will lead to a potential increase in the value of the token and is not just the cryptosphere that this is applicable but the traditional means too, so the project has a huge market base, its relevance will keep growing

I agree with you Mate. Cryptocurrency market is clos to $500B+ I think. This means lots of hackers will be active and trying to steal the data/wallet. That's why I think BitFence products will be in demand.

Yea, the market is huge and is just getting started, so there is a whole lot of reasons why we need the presence of projects such as this and brands will be willing to pay handsomely to have the implementation of bitfence on their respective projects, the cryptocurrency industry is just a periphery of the market available for bitfence to utilize

I have a token which I have decent amount of it, gotten a ledger and kind of still busy to shift them from my hot wallet to the cold wallet, seeing the amount of MCap gave me enough drive already... Bitfence will be a huge relief around this sphere sincerely

phantam

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Quote from: Darkoth89 on May 31, 2018, 02:38:27 AM

Quote from: gee777 on May 31, 2018, 12:47:39 AM

Quote from: ibininja on May 31, 2018, 12:12:06 AM

People seem to forget that hackers aren’t exactly easy to catch just because an ip is a source of an attack doesn’t mean that’s the attacker it could just be an insecure network being used to relay an attackers actions that’s why most smalltime hacks don’t get prosecuted it’s better to stop it be trying to rigure out the true source

I think the proactive approach with this one is what is most interesting. Since the honey pot would actively attract and analyze hacking attempts almost instantly and distribute to the rest of the network you are basically protecting before the attack happens.

Also a more experienced hacker will know what a honeypot is and how it works. And can in turn use it against the miners. How can bitfence prevent this ?

That's exactly what their lead team member said in the video interview, that they know IP's can be comprimised which is why each hackers fingerprint will be unique, and not include IP and machine name etc.

Building a fingerprint of the hacker is a wise move as it moves them away from traditional blocking and more towards something actually useful in preventing future attacks I’m gonna be interested to see how the full fingerprint is built

Ace44

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