Bitcoin Forum

World's first Cyber Security ICO just launched. https://www.securitypluscloud.com.au/tokensale/
SPC will harness the power of Blockchain into Cyber Security.

We are going to create World’s First Cyber Security Threat Intelligence De-Centralised Database on Blockchain to Predict, Warn & Stop future Cyber Attacks.

ICO page:  https://www.securitypluscloud.com.au/tokensale/
Video: https://youtu.be/RU03pulIqSQ
White paper: https://www.securitypluscloud.com.au/SPC-ICO-Whitepaper.pdf


PROBLEM

KEY REASONS OF
CYBER INCIDENTS & HACKS

Lack of Threat Data Sharing
Cyber Security Skill Shortage
Technical Integration Limitations
Too Expensive
STATISTICS

10 Million new devices connect to the internet everyday and less than 5% of them are secure.
1.5 Million Cyber Staff Shortage by 2020
Time to Hack 2 Minutes
KEY ISSUES

- People think Anti-Viruses are sufficient.
- Ransomware getting sophisticated by the day.
- No threat intelligence ledger.
- Lack of Artificial Intelligence in Cyber Security.
- Cyber Security vendors are competing against each other, hence no or negligible threat data sharing.
- Cyber Security Solutions are very expensive.
- Extreme shortage of cyber security skills.
- Minimum Incident Response Capability.
- Threat to human lives!

The SOLUTION:
A Cyber Security Blockchain ledger will transform how the world can exchange threat & vulnerability information reducing time to prevent and stopping hacks in their footsteps by using artificial intelligence and threat data mining.

Supported by our 22 Security Operation Centres Globally, SPC will become the single biggest source of cyber threat on blockchain for Cyber Security


ADVANTAGES

- Cyber Threat Intelligence on Blockchain.
- Artificial Intelligence, Threat recognition mining and creation of protection solution.
- Blockchain ensures the data cannot be altered or changed.
- Blockchain also ensures that unaltered data can be viewed by any paid member to the repository.
HOW THIS WOULD WORK

- Security Operation Centres in 22 cities will be regional data validation, contact & support center for governments & enterprises.
- 100 Solutions – Will leverage upon the public ledger to secure the world.
- Cyber Security Vendors & Governments – will pay royalties to become member of the repository to leverage on digital threat intelligence data.

What skills does your team have in running a SOC?
Why does the team seem to have experience in unrelated industries?
Why is the registered business in Australia not registered for GST, thus it has never made sales over AU$50,000?

I posted a steemit article with all my concerns;

https://steemit.com/cryptocurrency/@polygeek/securitypluscloud

Everyone else should do their own research, but there is a big risk here.