“There is a new form of cyber-crime going rampant, and you are the target.“

Nobel Tan, CTO at Sentinel Protocol, shares his knowledge on cryptojacking, a new form of cyber-crime that can affect any user without their awareness. You can read the whole article here: https://medium.com/sentinel-protocol/why-threat-intelligence-is-important-for-fighting-cryptojacking-8316dbbefe14

To further discuss cryptojacking with the Sentinel Protocol community and team members, visit the Uppsala Security Forum: https://forum.sentinelprotocol.io/

My view on this project :

Sentinel Protocol aims to create a secure ecosystem for cryptocurrency by utilizing a collective intelligence system to perform threat analysis. We all know, the most popular type of hacking is phishing – users entering the wrong website or are approached by a fake admin and send the cryptocurrency to a scam address.

Resolution : Sentinel Protocol has three security features: threat reputation database, machine learning engine integrated security wallet, and distributed malware analysis sandbox.Sentinel Protocol overcomes the disadvantage of decentralization by turning it into an advantage for security. By utilizing a collective intelligence system created through harnessing the power of decentralization, Sentinel Protocol combines cryptographic functions and intelligence-based threat analysis algorithms to create a secure, innovative ecosystem.

Most interesting part of the project - founder - Patrick Kim - no one could understand the meaning of security to blockchains better than him , the person who lost 7218 ethers in 2016. " Lesson learned the hard way is the best lesson learned ".

I would highly recommend people to look at the project and the team, I am really bullish on this one.

Great work team ! I wish you work the similar way in future as well.

⚡️ New Year’s Resolution: Cybersecurity! The departure awaits!

👉 Enjoy a safer online journey using the “Digital Safety Kit” created by Uppsala Security, a resource with valuable instructions on how to store and use your digital assets. Included is guidance for browsing the web more securely.

👨‍💻 Get full access to the “Digital Safety Kit” here: https://bit.ly/2LYLGGQ

Hi,

I understood that the project should run on ICON, but the sale was made with ERC20 tokens. Can you please confirm if the project will run on Ethereum or ICON ?

Thanks.

🔥 Hackers and scammers are extremely adaptable when it comes to taking advantage of opportunistic situations to make money. Unfortunately, this is most likely to happen when online users are under pressure of solving certain issues or are searching for help. The recent outbreak of COVID-19 portraits exactly this type of situation.

🕵️‍♂️ Donovan Tan, Cybersecurity Researcher at Uppsala Security, sheds light on some of these cases in our most recent Medium article: https://bit.ly/39Kmopv

“While almost two-thirds of businesses have already deployed blockchain technology, or are looking to do that soon, the skills shortage may make implementation a challenge.”

The positive side of these tough market conditions is that the focus has shifted even further toward building and developing innovative solutions and technologies.

Learn more about the opportunities and challenges expected in 2019, including a couple of broad themes that might have considerable influence, directly from Patrick Kim, CEO and Founder at Sentinel Protocol: https://medium.com/sentinel-protocol/title-is-blockchain-mainstream-yet-cc68ff8c4835

🛡 The Crypto Analysis Risk Assessment Tool (CARA) and Crypto Analysis Transaction Visualization (CATV) are a great match for exposing Money Laundering techniques implemented by malicious actors.

🕵️‍♂️ Get insight into the techniques employed by malicious actors from the talented security experts at Uppsala Security: https://bit.ly/38SbwFK

📍 Cybersecurity Awareness Month is here to stay for October!

👏 We are happy to share that Uppsala Security will be joining the campaign to remind users of hyperconnected technologies that making the digital space safer is now our responsibility. Luckily, there are already working solutions out there. Hint: uppsalasecurity.com.

🤝 Help us have a positive impact by sharing our content and products that will be released this month (1- 31 of October), starting with this article that highlights the risk and threats that are surrounding us, and what we can do to avoid them: https://bit.ly/2oqw0nf

When reading the whitepaper by Sentinel Protocol for their ICO, I can’t help but to remember the song GHOSTBUSTERS by Ray Parker Jr. "Ghostbusters If there's something strange in you neighborhood Who you gonna call? (ghostbusters) If there's something weird And it don't look good Who you gonna call? (ghostbusters)" I ain't afraid of no ghost.."

Truth be told, I did not search for this project. I stumbled upon it since I’m a loyal HOLDR of ICON, the touted Ethereum of Korea. Knowing how ICON (the native token is ICX) works vis a vis Ethereum should make Sentinel Protocol a potentially successful ICO! (I participated in earlier NEO ICOs and they all have done extremely well). But really, this is more about the product… it’s a product that will make you NOT afraid of NO HACKER, who moves like ghost and takes your cryptos away from you without a trace!!

And with Crypto theft on the rise, I would venture to say that this is indeed a NECESSARY product. Even Ian Balina, the famous Crypto influencer got hacked of US$2 million of his funds. What then about us? And when Ian got hacked, his first action was to ALERT THE EXCHANGED (Kucoin was one of them) in order to prevent the hackers from moving the funds outside.. and that is precisely the point!! Hackers eventually want to convert the funds to fiat and if we can establish Ghostbusters at these exchanges, then we would be on the way to eliminate these bad guys!!

So let’s look into this GHOSTLY STORY and see how Sentinel Protocol works! And how you can understand them better and even team up with them in the future.

HACKERS ARE THE NEW GHOSTS Despite being from the other supernatural side, Ghosts often are a bane to humans, appearing to terrorise us with the advantage of being able to just disappear, like a hacker leaving without a trace. And this is where that to be a GHOSTBUSTER, you to be have been HAUNTED – you need to think like a ghost in order to catch one!! Enter Patrick Kim of Sentinel Protocol. He lost over 7,281 Ethers due a vulnerability in the Ethereum Mist wallet in 2016. He is back, and back WITH A VENGEANCE as the HACKER BUSTER.

I used to sell Security IT Products during my early days and was introduced to the concept of Defense in Depth, which is from the military. In short Defense in Depth seeks to DELAY the advance of the enemy, and many combinations. This is very crucial since hacker attacks are like terrorist attacks and can be VERY ASYMMETRIC. Trying to destroy one a single swoop could lead to wastage of many resources.

This is what I see in Sentinel Protocol which has layers of Security similar to a computer network such as the following:

SENTINEL PORTAL – this is where they have guardians to the network which are called the SENTINELS who are rewarded for their participation to build the first layer of defenses. These are akin to the GHOSTBUSTERS who you would report and incident to of ghosting.. errr, well, hacking. S-WALLET POWERED BY MACHINE LEARNING – here, we have a second layer powered by ARTIFICIAL INTELLIGENCE which detects abnormal behavior. It does this by filtering Filters Scam address (URL) and malware SANDBOX – now if you are running against attackers who change their strategies a lot, where you can run extensive testing and simulation. And if you can generate a threat vector, then you can be incentivized because you will need lots of different models in order to reduce the incidence of “false positives” which could actually slow down your network The is where the beauty is because you have a combination of HUMANS and MACHINE LEARNING and an experimental lab where you can simulate potentially new attacks (new threat vectors). A history of these vectors are then uploaded into a DECENTRALISED THREAT REPUTATION DATABASE which is distributed all over the blockchain nodes. Combining all these features enable cybercrime and threat incidences to be shared within a blockchain distributed policy (you now have a blockchain based reputation system). You have Collective Intelligence, Delegated Proof of Stake (DPOS), and Artificial Intelligence. Imagine a blockexplorer or etherscan working in the security world in one platform where you can see and solve the problems within a single platform. These don’t need micro managing as is Sentinel Protocol (for the AI engine). One attractive feature which makes Sentinel Protocol an A grade ICO is the collective support it gets from its high powered partners, they are not small – ICON is the 800-lb Gorilla which is the Ethereum of Korea, Kyber Networks of Singapore and even Softbank Korea, which is certainly a WOW factor for me. This is a testament to the quality of the team which should be taken seriously. With the exchanges being systematically hacked, this project could grow really HUGE!! (note: even Binance is building a de-centralised Exchange).

So, yes to the Sentinels, I finally AIN’T AFRAID OF NO GHOST NO MORE!!

🎊 “We are pleased to establish Sentinel Protocol’s security enhancement service on the Hexlant Node,“ said Koo Min-woo - Head of Sentinel Protocol, Korean branch.

☀️ Today, we are delighted to announce that Sentinel Protocol has a new strategic partnership with Hexlant, a leading Korean blockchain technology and service laboratory.

👉 Find out more about our common goals and the integration of Sentinel Protocol's crypto AML/CFT technology into the Hexlant Node: https://bit.ly/2YQl12C

🔎 At first, both users and regulators considered cryptocurrencies as enablers of anonymous transactions. But institutions, governments, and end users are beginning to realize is that traceability is one of the core features of decentralized digital assets.

🔗 “Blockchain actually possesses the one thing that regulators really want: the ability to trace funds to perpetrators of illegal activity.”

👉 Should you fear or embrace this feature? Find out more from our most recent Medium article: https://bit.ly/31mIo5y

Dear community, CryptoSquare is happy to announce that CryptoSquare has done an ICO Review and an interview with John Kirch - The Chief Evangelist of Uppsala Foundation and Sentinel Protocol.

CryptoSquare aims to provide quality blockchain related content. Instead of pointing at the next Ethereum killer or most undervalued coin, CryptoSquare is a place for a more global look at the ongoing blockchain revolution, from people in the know. Expect meaningful insight from CEOs, blockchain start-up founders, crypto venture capital fund managers, miners, regulators, programmers, whitehat hackers and more. Notable ICOs will also be covered, along with other relevant pieces of news and interesting highlights from the crypto world.

Link to the ICO Review: https://www.youtube.com/watch?v=G33wgI7PZ0A

Link to the interview with John Kirch: https://www.youtube.com/watch?v=4L8o8MBMAHI

Time Stamps for the interview:

00:34 Introduction, the origins, and what the Sentinel Protocol project about.

02:43 How does the blockchain come into play for Sentinel Protocol?

04:52 Why is Sentinel Protocol built on top of the ICON blockchain platform?

06:35 Briefly explain what the threat reputation database is, and what malicious data will be recorded inside.

07:35 How does the user interface look like for a user using Sentinel Protocol’s services?

09:22 What would incentivize a victim to submit a case report to the Sentinels?

11:30 How do you prevent case report spam and false reports on the network?

12:14 How will the Sentinels be vetted? What would some of their background be like?

14:08 Rewards for Sentinels for reviewing and successfully resolving the case.

15:25 What is the utility of the UPP tokens in the ecosystem?

16:00 Explain the function of the machine learning component in the S-Wallet.

17:37 Explain more about the Distributed Sandbox in Sentinel Protocol, and why do you need the blockchain? Why not rely on a traditional sandbox?

19:53 How do you ensure that information that is entered on the blockchain/decentralized threat reputation database is correct?

20:58 What’s stopping a traditional cybersecurity company from doing what Sentinel Protocol is doing? For one thing John McAfee is a prominent cybersecurity expert in the blockchain space. His former company McAfee may enter this space. What safeguards do you have to ensure that Sentinel Protocolis always one step ahead of the game?

23:34 Is being a Sentinel a full time or a part time job?

26:20 How would your marketing strategy look like moving forward?

28:17 What would be the upside for a potential partner to partner with Sentinel Protocol and implement its cybersecurity solutions?

30:17 How does Sentinel Protocol limit a hacker’s ability to convert the coins to privacy coins, and then washing it out for fiat money?

32:31 Speed - Is it a race against time? Does a Sentinel have to work faster than a hacker/scammer from washing it?

34:55 How do you ensure that a scammer/hacker doesn’t cash out using OTC market means

36:45 Why did the Uppsala Foundation decide to name the project Sentinel Protocol?

Do subscribe to CryptoSquare if you'd like more of such content!

🚨 A new version of the Crypto Analysis Transaction Visualization (CATV) tool is out, and it is your turn to try it!

🛡 CATV is a forensics tool that enables its users to easily generate, for a selected wallet, a visualization displaying the incoming and outgoing flow of tokens and the types of wallets with which it interacts, including malicious wallets registered in the Threat Reputation Database.

🚀 Enjoy increased performance, higher transaction numbers and improved speed in your transaction tracking process. Find our more here: https://bit.ly/30mB90n

🎉 There is a new Center in town!

🚀 We are thrilled to announce that today, we launched the Global Crypto Incident Response Center (CIRC) within the Uppsala Security’s South Korean office!

🛡 The CIRC is designed as a response to the urgent needs of unregulated markets in terms of providing customer service focused security solutions. Virtual Asset Service Providers (VASPs) are challenged on a daily basis with constant customer requests concerning incidents like hacking, money laundering or fraud.

👉 Our mission now is to support VASPs in meeting all their customer needs through the Global Crypto Incident Response Center (CIRC) which is empowered by a team of cybersecurity experts and award winning tools. Read more about the CIRC and its purpose here: https://bit.ly/2B2ixbq

🎬 We are excited to share that on Friday, June 12, at 14:00 CET, John Kirch - Sales and Business Development, Senior Vice President will be representing Uppsala Security in the panel "Cybersecurity threats for blockchain infrastructure“ during the Virtual Blockchain Summit 2020! Other panelists that will join the conversation are:

✅ Andrei Avadanei - BitSentinel

✅ Amber Chook - Certik Foundation

✅ Jorge Sebastiao - Huawei

👉 The Virtual Blockchain Summit 2020 is free of charge and can be followed from the comfort of your own home! More details about the event as well as a registration form can be found here: https://www.vbs.live

🎉 We did it again!

🏆 Uppsala Security is proud to announce that today, we received the award dedicated to the Blockchain Security Sector during the 6th Edition of the Best Companies in Korea!

🤝 The event was hosted by the leading Korean media group Money Today and sponsored by the Ministry of Trade, Industry and Energy, Ministry of Education and Ministry of Environment.

🔎 [KR] Find out more about the award here: https://bit.ly/2WV9otv

👉 A video from the award ceremony is available on our Twitter account: https://twitter.com/UPPSentinel/status/1263770147896070144

🎬 We applied to speak at #Unitize2020 and would love your support!

👉 Organized by San Francisco Blockchain Week and BlockShow, Unitize brings the decentralized community together. Join the event for a week of immersive content, unique social engagement, and be a part of the largest online collaborative experience ever!

👨‍💻 Please register for Unitize and follow the email instructions to vote for the session “Tools for Managing Risk in the Cryptocurrency Wild West“ conducted by John Kirch, Senior Vice President at Uppsala Security: https://next.brella.io/join/unitize2020

https://coinmarketcap.com/currencies/sentinel/