Like most aspects of modern existence, more and more of our
financial lives have migrated wholly to the digital realm. With the
benefits of ease that our Internet allows us, that transition also
raises numerous - and dangerous - threats to national security, our
money, and the systems we use to store and transfer it.
Cybersecurity is one of the most formidable challenges that the
world faces today. From cyberattacks by foreign adversaries like
China and Russia, the explosion of cryptocurrency, the advancement
of ransomware, phishing, surveillance apps, spying software, and
logic bombs, and the increasing savvy and daring shown by Internet
hackers, the next financial panic is likely to be delivered to us
through use or abuse of technology. In Unhackable, author and
financial services and technology expert Thomas P. Vartanian
exposes the vulnerabilities of the many networks that we rely on
today, as well as the threats facing the integrity of our national
security and financial services sector. Recent cybersecurity
failures like the Solar Winds attack, which gave hackers believed
to be directed by Russian intelligence unprecedented access to
federal agencies and private corporations, and the breach of
Equifax, which compromised the data of nearly half of all US
citizens, have revealed the inadequacies of our current computing
systems and the dysfunction of the bureaucracy that oversees them.
Even further, attacks like these underscore the need for a
centralized and empowered government administration charged with
protecting our country's data and information. Vartanian offers
comprehensive solutions to the problems we face: fortifying our
Internet with channels dedicated to financial transactions that use
heightened authentication, governance, and enforcement;
incorporating the benefits that blockchain has to offer; and
investing more in the rapidly developing world of quantum computing
are all necessary steps to shoring up our online security. This
incisive and important book investigates the creation and history
of our financial Internet, the vulnerabilities of our current data
storage and sharing platforms, the pitfalls and potential that
cryptocurrency holds, the promise that quantum computing and the
blockchain offer, and how we can - and must - make a stronger and
safer Internet.
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