Remy Blaire and Dan Danay, the head of blockchain security at Check Point delve into the evolving landscape of cybersecurity, particularly in the context of blockchain and cryptocurrency.
Dan emphasizes that we are witnessing a significant shift in cybersecurity driven by AI and new threats, with cybercrime now operating as a business. He highlights the risks associated with public blockchains like ethereum, where the potential rewards for hackers are substantial. Despite these challenges, Dan remains optimistic about the mainstream adoption of crypto, especially as financial institutions increasingly embrace blockchain technology.
They discuss the importance of a layered security approach, which includes good intelligence, custody, auditing, and real-time security measures. Dan points out that the same cybersecurity standards applied in traditional finance should also be adopted in the crypto space to ensure safety.
Dan advises financial institutions entering the crypto space to proceed thoughtfully but confidently as we look ahead to 2025, with a more favorable regulatory environment for digital assets in the U.S.. He encourages users to experiment with crypto while being mindful of security, as the market continues to grow exponentially.