MetaCert Community Update January 2019

Paul Walsh
METACERT
Published in
5 min readJan 19, 2019

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If every crypto company installs Cryptonite Pro for their employees, the number of breaches you read about in the future will be almost zero. With today’s major software update, the same can now be said for any company in the world. And I’ll explain why…

This looks like the real MyEtherWallet website, right? Wrong. It’s a real phishing domain. This demonstrates the point that ‘visually’ checking URLs has never worked and will never work. That’s why people rely on our Green Shield of trust.

Take a closer look at the letter “a”. It’s ok if you got it wrong, over 98% of people get this wrong — including people who are on their toes when it comes to opening links.

If you’re investing in, trading in, or building a crypto business, you’ll know there’s a breach inside an exchange, wallet or a crypto company almost every month. And consumers are losing money every 30 minutes, if not more often. While you might assume that phishing is restricted to crypto enthusiasts, nothing could be further from the truth.

Over 90% of all data breaches around the world, start with phishing. So, while phishing remains the #1 concern for crypto consumers, it’s actually a serious problem for crypto companies.

You can assume that almost all “hacks” on exchanges and wallets aren’t actually hacks as reported by the media. They almost always start with spear phishing — a special type of phishing that targets specific individuals who work for a specific company. And they don’t just get targeted with crypto related phishing scams. Employees are targeted with non-crypto phishing scams, allowing bad actors to then breach the company using the same credentials.

Once the bad actor has login credentials for one system, they end up being able to access important systems such as Mailchimp, because most people use the same password for multiple sites and services. The next step in the process is to send out a “special offer” to thousands of unsuspecting investors and traders. You know what happens next, lots of people fall for the second, more lucrative phishing scam. They might now also have access to the platform itself — but that’s still not technically a hack. That’s called social engineering using a phishing attack. It all comes back to opening the wrong link and signing into the wrong site. And that’s the one thing that MetaCert is focused on. We want to put a stop to this type of attack.

And, this problem isn’t restricted to the crypto world either. It’s a problem for every business, big and small. The big companies we are talking to tell us that even with multiple security solutions, phishing remains a massive problem for them.

Massive update for Cryptonite

This leads me nicely onto announcing a MASSIVE update to Cryptonite. As of today, Cryptonite is no longer focused on just crypto investors and traders. It is now the best solution for enterprise customers, inside and outside the crypto world. It helps businesses of all sizes to protect the online identity of employees in order to reduce the risk of data leakage and other malicious threats related to fraud.

Cryptonite now comes in 2 flavors.

Before I go into the two different versions, it’s important to state that everyone who installs the software for the first time, or is automatically updated today, will start with Cryptonite Pro — allowing you to try it for free for 7 days. No credit card needed.

Cryptonite

This version provides personal identity protection across crypto websites and social media accounts. This version will not include a green shield for banking, storage and other mainstream websites such as apple.com and paypal.com.

This service costs $3 per month when billed annually. If you currently use Cryptonite, your software will be automatically upgraded to Cryptonite Pro. See below.

You might have read about a new form of malware that hijacks your clipboard. So even when you copy the right URL, a new phishing address is pasted into your address bar without you noticing. Cryptonite protects you from this malware. 💣

Cryptonite Pro

Cryptonite Pro will now protect your online identity and help you to avoid fraud across the entire web. It protects you across email, cloud services, web browsing and all other channels on your computer.

You will now see a green shield when you visit apple.com paypal.com and other mainstream sites that are a target for phishing scams.

Pro costs $8 per month. Annual subscribers get $150 worth of MetaCert Tokens.

Discounts are given to companies that pay for licenses in bulk. Please email me for more details.

We believe we have struck a good balance between a low-cost solution for crypto protection and a business solution for people who care about data leakage and other malicious threats at their company.

If you already use Cryptonite, your software will be automatically updated. You don’t need to do anything. If your trial expired, it will be unlocked for another 7 days. At the end of the trial period you can pick the plan that suits your needs.

Now supports Brave

The software now supports Brave, as well as Chrome, Firefox and Opera. We will update the software to support Safari in the near future.

One more thing…

You can now report suspicious links and wallet addresses as well as submit sites that should be verified via Cryptonite. It’s a basic form but we’ll make it more sophisticated in the near future.

To report a suspicious URL or wallet address, or to submit a link for verification, open the Cryptonite menu by clicking on the shield. And soon, you will be able to offset the cost of all of our services with MetaCert Tokens 🤩

If you have any questions please reply to this email or engage with the team inside our Telegram group where I’m also available t.me/metacert

Thanks and stay safe! :)

Paul
P.s. you can request access to our email app security solution now at metacert.com/email

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Paul Walsh
METACERT

MetaCert CEO. Passionate about Cybersecurity, Blockchain, Crypto, Snowboarding & Red Wine. Part of the AOL team that launched AIM. Co-founded 2 W3C Standards.