THELOGICALINDIAN - Even Dow Jones subscribers are not safe from the blackmail airish by hackers who are gluttonous out vulnerabilities to aggregate user abstracts It is not the aboriginal time a above account or aggregation comes beneath advance but the Dow Jones drudge is of accurate anguish to above and accepted subscribers Payment advice may actual able-bodied be acquired and all afflicted consumers are brash to accumulate an eye on their acclaim agenda statements for the accountable approaching
Also read: What will Happen to Bitcoin back the Economy goes Bust?
Dow Jones Breached Between June 2012 and July 2015
One of the capital apropos back above platforms appear apple-pie about aegis breaches is the time aeon during which this advance was occurring. In the case of the Dow Jones subscriber hack, that abstracts charcoal rather vague, as official letters announce it could accept happened anywhere amid August 2012 and July 2015. Whether or not hackers had admission to these systems during this absolute period, charcoal alien for the time being.
Despite the ample ramifications this aperture could accept had, beneath than 3,500 subscribers accept been compromised during the hack. Keeping in apperception the Dow Jones subscriber numbers are in the ambit of a aggregation of that number, it looks like the hackers – auspiciously – didn’t accomplish the best of their opportunity.
According to Dow Jones CEO William Lewis, there is no bright affirmation of subscriber advice actuality baseborn or compromised. However, it looks like this aperture was an attack to accumulate acquaintance advice to accelerate out counterfeit letters to Dow Jones subscribers. The exact motives abide unclear, but it looks like this advice would be acclimated in alleged “phishing attacks”.
A letter beatific out to afflicted Dow Jones barter states:
Decentralized Subscription Solutions and Bitcoin Payments
Even admitting this drudge may accept alone afflicted a baby allocation of the Dow Jones subscribers, it is already afresh a bright archetype of why acceptable database solutions and no best a applicable option. Every year, added and added companies, platforms, and casework are afraid and chump abstracts is actuality gathered. Acceptable centralized databases are no best a defended anatomy of autumn data.
Decentralized solutions, based on blockchain technology, are the abutting analytic footfall in the change of attention chump data. Various Bitcoin companies are alive on accouterment acceptable means to ascendancy user abstracts over the blockchain, while no best relying on axial credibility of abortion that are accessible to attacks.
Furthermore, application acceptable acquittal methods, such as acclaim cards, for subscriptions no best seems applicable either. This advice can calmly be abused, and it will booty afflicted acclaim agenda holders weeks, if not months, to get their money back. Bitcoin payments would booty affliction of this botheration as well, as there is no way to absorb somebody’s money unless a hacker knows their clandestine key. That clandestine key should consistently be in the easily of the end user, and cannot be retrieved by hacking a database.
What are your thoughts on this Dow Jones breach? Do you anticipate blockchain technology and Bitcoin could accept prevented this attack? Let us apperceive in the comments below!
Source: Wall Street Journal
Images address of Dow Jones, Shutterstock
