Xcel Token

Technological advancements in the digital space has revolutionized every aspect of our lives, from shopping to collaborating with colleagues to keeping in touch with friends to entertainment to managing our finances . Since the dawn of the Internet, identity management has been a key concern, with billions of dollars being spent on usability, security and privacy. The identity and access management market is expected to grow from $8.09 billion in 2016 to $14.82 billion by 2021, representing a 12.9% CAGR. Despite this huge investment, managing digital identities continues to be plagued by three Cs – Cumbersome, Costly and Challenging. With data driving the world today, digital identity is critical to most business and social transactions. This governs the interaction of users in the digital world. But traditional identity systems continue to be highly vulnerable, with single points of failure, attracting continuous attempts to gain access to the complete repository of high ...

A man-in-the-middle attack  is a category of cyberattack where a malevolent actor inserts him/herself into a tête-à-tête between two parties, impersonates both parties and receives access to data that the two parties were trying to send to each other. A man-in-the-middle attack allows a malevolent actor to intercept, send and receive data meant for someone else, or not meant to be sent at all, without either outside party knowing until it is too late. Man-in-the-middle attacks can be abbreviated in many ways, including MITM, MitM, MiM or MIM. Key Concepts of a Man In The Middle Attack 1.     Man-in-the-middle is a type of eavesdropping attack that occurs when a malicious actor inserts himself as a relay/proxy into a communication session between people or systems. 2.      A MITM attack exploits the real-time processing of transactions, conversations or transfer of other data. 3.      Man-in-the-middle attacks a...