Some well-known industry players, such as Google and Apple, have to take up extra measures to shield cryptocurrency users from scams during pandemics. Their efforts will now be directed at blocking malicious advertisements on the internet as well as protecting mail users from phishing emails.
Apple Inc has become the newest member of the Fast Identity Alliance Online (FIDO) a group aiming to have zero password access to devices. Among the association members are big names such as Google, Microsoft, Amazon, Intel, ARM and Samsung.
Several credit card firms have started forbidding Bitcoin and cryptocurrency purchases with various decent reasons. This very week, Apple Inc. in collaboration with two American multinationals financial services firms Mastercard Incorporated and Goldman Sachs Group, officially rolled out a new card providing customers 3% cash-back (discount) on products and services bought directly from Apple, and 2% discount on any products bought using Apple Pay – Apple’s electronic wallet service - and 1% on other related transactions.
The U.S. technology giant, in partnership with MasterCard and Goldman Sachs, has announced its new product known as Apple Card, which is largely a digital credit card and will be ready to start working in summer of this year. The card is created for convenience and to help the company’s customers gradually appreciate the concept of crypto currency and other financial payment forms.
One of the major threats to digital security is information leaks. At a moment when business models of firms are created around the gathering and analysis of information. Tim Donald Cook, CEO Apple, talked about the privacy issues of clients and GDPR widely during his period at the ICDPPC 2018 occasion.