Identity Theft #cybersecurity #cryptography

Fri, 04 Jun 2021 13:42:00 +0000

Getting our identity stolen online can have debilitating consequences, With many adopting to the online lifestyle of sharing unfettered access to their personal data it has become very easy for a cyber criminal to steal someone's identity.

Solutions to safe guard online identity hasn't caught up with the rate of identity theft. Scammers are even using stolen identity to run successful fraudulent indiegogo campaigns and the one who got their identity stolen have to face the brunt of it (Read pinned comment of that YT video).

Technically inclined have had cryptographic measures like PGP key to verify their identity. But a solution to verify identity should as easy as sharing personal data online, for it to see mass adoption.

3 points posted by Abishek Muthian

Secure transfer of encryption keys after death #cryptography #cybersecurity

Thu, 05 Sep 2019 16:25:00 +0000

The day before my surgery, which had high probability that I may not survive; I was setting up master key for my encryption keys, writing it to a physical file and handed it to my father telling him to hand it over to my company shareholders if the need arises and provided biometric access to my mother from my smartphone. Reason being, I was the single founder, executive of my startup, all the intangible assets was under my control and most of it encrypted as it should be.

So, incase of my demise I wanted my shareholders to have access to the data if they decide to run the company. Obviously I survived, but looking back at that day; I feel that if someone knew that they may die the next day they should probably do something better with their time than reminding their loved ones that they may die. Of-course, writing master key to a file is not great for security either.

For a non subjective example for this need gap, $145 million worth cryptocurrencies was locked after the CEO died and he was the only person with the passphrase for encryption.

5 points posted by Abishek Muthian

Validate your problems, startup ideas to create products which people want

Identity Theft #cybersecurity #cryptography

Secure transfer of encryption keys after death #cryptography #cybersecurity