Is Crypto Criminals' Favorite Tool?
A deep dive into ransomware, crypto, and regulation: an interview with Carole House.
As ransomware attacks continue to escalate globally, the role of crypto and its implications for cybersecurity has become a pressing concern. In this Premium interview, cybersecurity expert and former director of cybersecurity and secure digital innovation at the National Security Council Carole House addresses these urgent issues.
how ransomware attacks and their impact on critical infrastructure has evolved over time
Carole's perspective on the complex role crypto plays in cybercrime, emphasizing the need for stronger controls
how the absence of strict anti-money laundering (AML) and Know Your Customer (KYC) requirements have contributed to a sophisticated economy for cybercriminal activities
the potential advantages of public ledgers in the fight against cybercrime, owing to the transparency of crypto transactions
why Carole is optimistic about crypto's potential role in enhancing cybersecurity, with a nuanced understanding of the technology and its vulnerabilities
the importance of international cooperation and the implementation of global standards in combating the illicit use of cryptocurrencies
an overview of the unique regulatory challenges posed by Decentralized Finance (DeFi) and the potential national security threats it poses without proper controls in place.
how the rise of privacy-enhancing innovations, such as homomorphic encryption and zero-knowledge proofs, could impact the regulatory landscape of DeFi.
Carole's call for built-in governance mechanisms to prevent the sector from becoming a “highly obfuscated and disintermediated system.”
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