Chris Perkins: April saw $600 million stolen in record hacking incidents, AI tools are both a threat and a defense, and a shift to offensive cybersecurity is crucial | The Pomp Podcast – Crypto Briefing

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April's record $600 million crypto hacks highlight the urgent need for proactive cybersecurity strategies.
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Chris Perkins is the incoming Head of Crypto at Franklin Templeton, following the acquisition of his firm 250 Digital Asset Management. He specializes in crypto security and institutional adoption, with expertise in addressing the surge in crypto hacks and the intersection of geopolitics and digital asset markets. Perkins brings a deep understanding of how institutions are navigating the crypto landscape amid evolving cyber threats and regulatory developments.
April was one of the worst months in history of hacking 29 projects were hacked about $600,000,000 were taken.
— Chris Perkins
A lot of investors and you know this they’re very comfortable taking market risk… but they don’t get paid to take the risk of hacking or operational risk or regulatory risk.
— Chris Perkins
I think as we look longer term the institutions who have more access to compute and powerful models will probably be able to defend more so it works in both directions but the problem right now as it exists needs to be addressed now.
— Chris Perkins
I do think AI is gonna be a long… people are freaking out about oh my gosh we’re gonna get hacked by those AI… but I also think it’s gonna be providing beautiful defense.
— Chris Perkins
Rather than us play defense what if we go on offense and can you talk a little bit about this conversation around the united states incentivizing people to kind of fight back in this cyber warfare area.
— Chris Perkins
The idea is gosh the private sector has all the skills in the world they’re financially incented what we can do is we can extend the surface area by empowering private citizens to go and hack back.
— Chris Perkins
You have these state actors attacking a startup who’s going to win every single time the state sponsored actor they’ve got more resources.
— Chris Perkins
I think this could be the icing on the cake… if we have this massive security umbrella over the united states what’s going to happen entrepreneurs are going to come back on shore because they’re going to be protected by that security umbrella.
— Chris Perkins
I’ve been of the belief that bitcoin in particular will be successful with or without that type of regulation.
— Chris Perkins
April's record $600 million crypto hacks highlight the urgent need for proactive cybersecurity strategies.
Share
Chris Perkins is the incoming Head of Crypto at Franklin Templeton, following the acquisition of his firm 250 Digital Asset Management. He specializes in crypto security and institutional adoption, with expertise in addressing the surge in crypto hacks and the intersection of geopolitics and digital asset markets. Perkins brings a deep understanding of how institutions are navigating the crypto landscape amid evolving cyber threats and regulatory developments.
April was one of the worst months in history of hacking 29 projects were hacked about $600,000,000 were taken.
— Chris Perkins
A lot of investors and you know this they’re very comfortable taking market risk… but they don’t get paid to take the risk of hacking or operational risk or regulatory risk.
— Chris Perkins
I think as we look longer term the institutions who have more access to compute and powerful models will probably be able to defend more so it works in both directions but the problem right now as it exists needs to be addressed now.
— Chris Perkins
I do think AI is gonna be a long… people are freaking out about oh my gosh we’re gonna get hacked by those AI… but I also think it’s gonna be providing beautiful defense.
— Chris Perkins
Rather than us play defense what if we go on offense and can you talk a little bit about this conversation around the united states incentivizing people to kind of fight back in this cyber warfare area.
— Chris Perkins
The idea is gosh the private sector has all the skills in the world they’re financially incented what we can do is we can extend the surface area by empowering private citizens to go and hack back.
— Chris Perkins
You have these state actors attacking a startup who’s going to win every single time the state sponsored actor they’ve got more resources.
— Chris Perkins
I think this could be the icing on the cake… if we have this massive security umbrella over the united states what’s going to happen entrepreneurs are going to come back on shore because they’re going to be protected by that security umbrella.
— Chris Perkins
I’ve been of the belief that bitcoin in particular will be successful with or without that type of regulation.
— Chris Perkins
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