CyberSecTalk

- the research tracking down the Bitcoin washing has been very interesting to watch..

@dez_blanchfield True

it's a good point how to block #bitcoin when its all about #blockchain

@TmanSpeaks @dez_blanchfield There should be strategy to use #blockchain, which is the digital database that can record #bitcoin transactions. This will help monitor, manage and track worldwide shipping #bitcoin transactions.

yes so better visibility of #bitcoin and pursuing cyber criminals but a while before #blockchain @dtapscott love to hear from you

Since the transactions made using the #cryptocurrency like #Bitcoin are completely anonymous and so #cybercriminals love to do this and hence #Cybersecurity needs to be built in.

this is so true how do you identify the bad guy here

this is why moving beyond port and protocol is so important and get beyond just the perimeter

@TmanSpeaks Solution lies in how miners verify transactions and find a block can accept the transactions. If they are "bad" or "malicious" miners, it can broadcast the bad block. Feels solution should be within the #Blockchain. ALL THESE ARE MY ASSUMPTIONS

yes but blockchain will certainly play a part here @dtapscott would love your insight

#Blockchain has tremendous value as an e-commerce tool. Marketplace forces will weed out the bad actors @reach2ratan

@Kevin_Jackson any key names you can share who are already down this path Kevin?

@TmanSpeaks keen to get more insight here Tony, fire away .. what are the top 3x value points do you think?

@dez_blanchfield 1. #blockchain may have potential to be record of source but long time to adopt

@dez_blanchfield 2. the current environment is ripe for the picking for #cybercrime

3. need to follow a secure by design approach

For #Blockchain look at Consensys, Chain, Abra and Bitfury http://www.marketwat... @dez_blanchfield

check Kevin's suggestions out thanks @kevin_Jackson

Blockchain can reveal all the transactions but there could be exploits to keep some of those hidden (I guess). Bitcoin has become popular in places like Venezuela to help solve the pain point of transferring cash out of that country.

Full auditability & transparency of #blockchain #bitcoin #cryptocurrencies you can track bad guys' payments IF you know the source.e.g. DAO attacker last year - the auditor of our Token Sale smart contract monitors those stolen funds even now

but with other #cryptocurrecnies such as #monero & #zcash it is harder as they tumble payments through ring signatures.

wow sure seems to be the case will be interesting to find out more @dez_blanchfield

- I don't have data to back that up currently, what are you basing this on Ratan?

- my data indicates that we're far more at risk from roge lone wolf script kiddies and breach data traders..

@TmanSpeaks True

@TmanSpeaks - interesting view fro Ratan, but let's get some data and references to back this up..

@dez_blanchfield agreed

@TmanSpeaks @dez_blanchfield I also do not have any authenticated data

interesting world and interesting topic to say the least!

The biggest threat I see for this type of attack vector are obsolete systems used by verticals such as public utilities, national healthcare systems, even municipally owned traffic signaling systems.

@dez_blanchfield @rgruia yes so true have to get the frogs falling from the sky to get them to upgrade and it's in their best interest

Agreed @rgruia

@rgruia - love to hear your top 5x bullet pointed "first steps" here then?

#Cyber is a very cost effective geopolitical tool @reach2ratan. That's why nation states love it.

@kevin_Jackson This is true

@kevin_Jackson Both public and private entities are leaving sensitive and monetisable data unprotected or less protected . Given the very high rewards and very low risks for these #cyberattacks, nation-states appears to be more active than ever.

so true GDPR will ultimately evolve globally to better control

Yes this is era of #Cyberwars #Drones and #Intelligence ..# CyberArmy will deiced he fate of any war in coming days..#China and Russia are top in State Sponsored #CyberAttacks

it's probably at CIO even CFO in some mid sized organizations but CISO is best

what do you see?

@TmanSpeaks Yes #CISO is the best answer. but IF CISO, CIO and CRO speaks a common language, that should be the best case

More organizations need to appoint a #CISO

@TmanSpeaks Ture The board level interest requires a risk based #Cybersecurity approach, and #CISO must adapt and embrace this for the success of #Cybersecurity and #Infosec

@reach2ratan love to get your perspective to how to communicate most effectively on cyber security even top 3

@TmanSpeaks #CISO should communicate to board about #Cybersecurity 1. in pain English without using the technical jargon 2. Visual aids are better and effective 3.If you can convert #Cyberthreats to Dollars it would be the best

great point @reach2ratan

All of the above - anytime someone things Cyber is someone elses remit it dilutes the focus

@imoyse great point Ian thanks for joining in!

CEO must be the Team Captain with the #CISO serving as the Head Coach @dez_blanchfield http://kevinljackson...

A2. CEO must be the Team Captain with the #CISO serving as the Head Coach @dez_blanchfield http://kevinljackson...

Yes @kevin_Jackson so agree! and the #CISO needs to be at CEO/Board level exposure and hierarchy

@Kevin_Jackson Agree

CIO, CSO, and even some CXOs

I think CEO is the one who can lead and make Security as business critical and CISO is always to support it.