Michael Pearl interviews Pasi Koistinen, the Chief Information Security Officer of CoinHako, discussing his extensive background in cybersecurity and the unique challenges faced in the crypto industry.
They explore the transition from traditional Web2 security to the complexities of Web3, the risks associated with centralized and decentralized finance, and the lessons learned from significant hacks like Bybit.
Pasi emphasizes the importance of technology, awareness, and regulatory compliance in preventing fraud and safeguarding user assets. The discussion also touches on the future of cybersecurity in the crypto space, particularly the role of AI in enhancing security measures.
(03:06) Pasi Koistinen's Background and Role at CoinHacko
(05:31) Unique Security Challenges in the Crypto Industry
(08:14) Lessons from the Bybit Hack
(10:47) Preventing Future Hacks: Technology and Awareness
(13:32) Fraud Prevention in Centralized Exchanges
(16:12) Regulatory Landscape in Singapore
(18:27) Consumer Protection and Asset Safeguarding
(21:23) The Future of Cybersecurity in Web3
(23:43) Pasi's Insights on AI and Cybersecurity
(26:22) Conclusion and Book Recommendations
The Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges.
Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space.
Learn more at: Cyvers.ai