Crypto & DeFi: Innovation vs. Regulation vs. Attack Preparation – Jackie Burns Koven – RSA22 #3
Cryptocurrency exchanges and decentralized finance have revolutionized the world of financial services, but these innovations have also opened new doors for cybercriminals looking to engage in fraud and theft. Consequently, agencies such as the Financial Action Task Force have sought to encourage e-finance companies to embrace security frameworks and standards like traditional banks have, while cyber and finance industry leaders are also increasing efforts to research the latest cybercrime trends and develop protections against them. The question is: To what extent have self-regulation and attack preparation caught up to the vulnerabilities created by innovation? This interview will seek to answer this question by examining some of the latest developments in the crypto, DeFi and blockchain security space, as it relates to the financial sector.
