This episode explores a sector of the crypto universe that’s actually booming.
Companies that specialize in finding vulnerabilities in crypto’s software infrastructure are flourishing. Why? Because crypto hacks and frauds are booming, with some estimates as high as $2bn in losses stemming from these attacks.
Bloomberg reporter Olga Kharif and senior editor Anna Irrera join me now for more about these crypto sleuths.
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#Bloomberg #Podcast #Crypto
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Companies that specialize in finding vulnerabilities in crypto’s software infrastructure are flourishing. Why? Because crypto hacks and frauds are booming, with some estimates as high as $2bn in losses stemming from these attacks.
Bloomberg reporter Olga Kharif and senior editor Anna Irrera join me now for more about these crypto sleuths.
Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts
#Bloomberg #Podcast #Crypto
Visit us: https://www.bloomberg.com/podcasts
Follow Bloomberg Podcasts on Twitter: https://twitter.com/podcasts
Visit our other YouTube channels:
Bloomberg Markets & Finance: https://www.youtube.com/channel/UCIAL...
Bloomberg Politics: https://www.youtube.com/c/BloombergPo...
Bloomberg Technology: https://www.youtube.com/c/BloombergTech
Quicktake Originals: https://www.youtube.com/user/Bloomberg
Quicktake Now: https://www.youtube.com/channel/UChir...
Quicktake Explained: https://www.youtube.com/bloombergexpl...
For coverage on news, markets and more: http://www.bloomberg.com/video
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Francisco Gimeno - BC Analyst Hackers are extremely clever, and there is no month without crypto headlines about small or huge crypto hacking. This opens business for the "sleuths", those who could be hackers too but they dedicate their work to find vulnerabilities and backdoors in crypto platforms and products. Crypto industry has grown so much that companies are ready to pay for this layer of safety and security, tightening the hatches. However, many times, hackers just enter around due to lax security and laxity on part of employees or people in charge. Anyway, let's make this environment as safe as possible.