Famed White Hat Hacker Samczsun on How to Improve Crypto Security - Ep. 613
Unchained Unchained
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 Published On Feb 27, 2024

He’s formed a new group, the Security Alliance, to improve the overall security posture of the crypto community.
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Well-known white hat hacker and head of security at Paradigm samczsun recently took the wraps off a new security organization called the Security Alliance (SEAL) that offers a 911 hotline for immediate response to security threats, runs war games to simulate potential security incidents, and provides a safe harbor agreement to protect white hat hackers from legal liabilities.
He joined Unchained to discuss why he and his fellow white hat hackers decided to start the Security Alliance and how it operates, how the safe harbor agreement works, the measures he takes to maintain his anonymity and why, the top security measures people in crypto should take to protect themselves, and what attack areas in crypto Sam still considers “scary.”
Show highlights:
🔹 How samczsun got into white hat hacking
🔹 The most memorable saves and rescues sam was able to perform
🔹 Whether there's a reason why sam is so good at noticing bugs in crypto
🔹 The origin of his samczsun handle
🔹 What the Security Alliance is and why it was formed
🔹 How SEAL would approach a bug or a hack
🔹 Whether black hat hackers are trying to exploit open groups
🔹 Why the work in the group is volunteered, not paid, and whether that's sustainable
🔹 How the SEAL War Games help in training on how to respond to an incident in Web3
🔹 What the Safe Harbor Agreement is and what it aims to accomplish for white hat hackers
🔹 How sam protects his identity and whether his coworkers know what he looks like
🔹 The top security measures people working in crypto should take
🔹 How projects should approach the audit for their smart contracts given it's an expensive endeavor
🔹 What attack vectors still scare sam

What is ‘White Hat Hacking’?
White hat hacking, often referred to as ethical hacking, is a cybersecurity practice where skilled computer experts use their knowledge for good, employing the same methods as malicious hackers (black hat hackers) but with a significant difference: they do so with permission and for a constructive purpose. These ethical hackers identify vulnerabilities in computer systems, networks, or applications before malicious attackers can exploit them. By detecting and resolving these security weaknesses, white hat hackers help organizations strengthen their defenses against cyber threats.

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Guest:
⭐️ Samczsun, CEO of Security Alliance (SEAL) and Head of Security at Paradigm

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Time Stamps:
00:00 Introduction
01:27 samczsun's origin story
04:37 The Dark Forest rescue
07:36 How to monitor vulnerabilities
13:09 Security Alliance (SEAL) introduction
17:40 The SEAL approach to addressing hacks and bugs
21:57 The structure of SEAL
24:19 The cases that were already solved by SEAL
28:20 Volunteer work in the group
31:18 SEAL war games
34:37 Safe Harbor Agreement
42:12 “Code is law”?
44:18 How sam protects his identity
48:45 Best security practices
51:51 Auditing smart contracts
53:52 The attack vectors that sam finds “scary”
56:04 How to make crypto more secure

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#bitcoin #ethereum #crypto #cryptocurrencies
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