Cryptocurrency, or digital currency, was introduced in 2009 by Bitcoin, and the market has since expanded to include many other brands such as Ethereum, Ripple, Litecoin and Zcash. Because it is based on unique blockchain technology, a decentralized network that doesn’t require a third party to process transactions, cryptocurrency operates independently from the global banking…
Is Your Smart Fridge Spying on You? Electrical Engineers to Lead Development of Next-Gen Cybersecurity Solutions for Internet of Things
Industry experts forecast that more than 20 billion wireless devices of all types—from smart TVs, phones and home appliances to health care monitors and manufacturing process controls—will be connected worldwide via the emerging Internet of Things (IoT) by 2020. Malicious cyber activity, which cost the U.S. economy $57 to $109 billion in 2016 alone, is…