Description
Security continues to be a major pain point for crypto. Experts discuss how the landscape has evolved and why a security plan may not be enough.
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Security remains work in progress for crypto — and that may be putting it mildly. This year Bybit was hacked for $1.5 billion, the largest exploit ever, crypto or otherwise.
In this Unchained episode, Security Alliance members explain how crypto exploits have evolved, why smart contracts are no longer the primary vulnerability and why a security plan alone may not be enough.
They take us inside how North Koreans are getting jobs at crypto and tech companies and how they operate.
Plus, best practices for individuals that intend to hold their assets for the long-term. Test transactions and 2FA based on authenticator apps may not be ideal.
Guests:
⭐️ Pablo Sabbatella, Member of SEAL (Security Alliance) and Founder of Opsek
⭐️ Isaac Patka, Wargames Initiative Lead at SEAL, and Founder of Shield3
Timestamps:
🚀 00:00 Introduction
⚠️ 1:27 How social engineering has become the primary driver of crypto exploits
🤔 8:28 What does SEAL do?
💡 12:08 Why safe harbor for white hats matters
👀 14:41 Why North Koreans are infiltrating U.S. companies?
🫠 18:03 How the North Korean IT jobs scheme has evolved with “laptop farms”
😬 22:05 How North Korean IT workers steal crypto from companies and how to avoid hiring them
⚠️ 32:20 Isaac explains how companies can minimize losses even with North Korean hackers on staff
🤯 35:52 Why Isaac doesn't do test transactions
❕️ 38:19 How Bybit was targeted
⁉️ 49:41 The primary ways individuals get hacked
🚨 54:28 How individuals can avoid getting rekt
💡 1:08:42 What privacy means for crypto security
🤧 1:12:38 What to do if your assets are stolen
💫 1:15:41 Useful security resources for individuals and companies
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#bitcoin #ethereum #crypto #cryptocurrencies
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