Cloud storage offers great business benefits, including employee mobility and the ability to connect to the service from anywhere in the world at no significant cost.
But there is also a negative side of cloud technologies — unauthorized access attempts and hacker attacks. The cost of digital security is much higher than the cost of storing information for most businesses. The cloud storage market is estimated at $30 billion per year. But a security market designed to protect information is worth $120 billion. In total, both markets are currently worth $150 billion with an average annual growth rate of 20%. The main problem of the industry is that companies spend several times more money to protect information than to store it. Modern methods of protection are not ideal, and despite the impressive budgets in the field of security, hackers still continue to steal information.
Conventional protection strategies require a complex approach that is not only costly, but also largely ineffective against many potential threats. In any case, the cybersecurity industry is losing the war against hackers. More than 2 billion personal records stolen in 2017, annual losses now exceed $750 billion and grow by 30% each year. To counter this threat, companies need a modern and effective solutions.
Cryptyk is a cloud storage platform that, according to the developers, provides the latest technology.
The main disadvantage of the usual cloud storage is their centralization. Providing storage at low prices, centralized services often unwittingly provide hackers with the opportunity to obtain huge amounts of confidential information. However, today there are decentralized technologies, such as blockchain, that can significantly reduce or eliminate theft. Instead of trying to prevent attackers from attacking, encrypted decentralized storage can ensure that any stolen data is useless to hackers. The files will be stored by different vendors, and hacking is now becoming uneconomical. Compared to decentralized storage services exclusively on the blockchain, such as Sia, Storj, Filecoin, which have two levels of decentralization integrated into the hybrid CRYPTYK platform, can reduce potential hacking options. Blockchain platforms also do not provide protection against internal threats, which is an important requirement for enterprise-class cybersecurity. These services are aimed exclusively at the consumer market, where there are usually no internal threats. Most importantly, the delay in access to blockchain usually range from 20 to 60 seconds compared with low latency access platform CRYPTYK. Very high latency platforms for storing files based on blockchain technology, limit their application to download large content of the batch file as a service data backup. Consequently, blockchain platforms cannot be used for real-time cloud applications required by enterprises. As a result, platforms with blockchain can not compete in the corporate market.
CRYPTYK is created as a complete solution for storage and protection of enterprise data. The service is based on the hybrid blockchain technology, which consists of two complementary decentralized platforms — Vault and Setry.
Vault is a cloud platform created for storing encrypted files, and managing their shared access to them. Each file is encrypted and divided into 5 parts. Each of these parts is encrypted and stored separately on 5 third-party cloud services such as Amazon, Google Drive, Box etc., using 6 encryption keys. It is important to note that all encryption keys are stored exclusively on the user's personal devices and in a stand-alone backup system.
Sentry is a platform designed to monitor and audit all events in your vault, such as sharing, uploading files, etc. SENTRY involves much more than just monitoring activity and tracking of all actions.
Sentry offers encrypted chat and email, offline key backup, digital leak protection, threat analysis, geolocation access, and user quarantine. The platform also has different rules for accessing files at the enterprise, group, or user level. One of the key advantages of the platform is open source code, thanks to which Sentry can be easily integrated into third-party services via API.
Team
Conclusion:
This project is very good because it is working on one of the most important global problems — cybersecurity. From this point of view, the project can attract a lot of attention from customers, investors and others.
Using the hybrid blockchain described above, as well as the smart ecosystem based on the platform token (STK), it is worth noting that the developers have created a platform that represents a very good, fresh approach to storing data in the cloud.
It is worth noting that this project is quite good from an investment point of view.
For more detailed information:
https://www.cryptyk.io/
ANN: https://bitcointalk.org/index.php?topic=2837930.0
https://t.me/cryptyk
https://twitter.com/TeamCryptyk
https://www.facebook.com/cryptyk/
Bitcointalk username: matrixSS9
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1962154
Отличная статья, автору спасибо.
Excellent article!