Cryptocurrency Bloodbath

Richard Bird is the chief product officer for SecZetta. Bird is a multi time C level executive in both the corporate and startup worlds and is internationally recognized for his expert insights, work and views on cybersecurity data privacy, digital consumer rights and identity centric security. He’s also a senior fellow with the CyberTheory Zero Trust Institute, a Forbes tech council member, host of the “Who The Heck Are You” podcast and has been interviewed frequently by media outlets, including the Wall Street Journal, CNBC, Bloomberg, Financial Times, etc. He’s also known as the “Father of Identity Management.”

The commodity markets have created a cryptocurrency bloodbath and these declines might not yet be over. In addition, many are wondering about the apparent ease with which cybercriminals can hack into cryptocurrency trading platforms and steal funds.

Bird weighs in on his assessment about the security defense for cryptocurrency in general.

Everything works, in theory, and tells you to put it into operations. And that’s really the problem that we’ve seen as it relates to cryptos evolution. You can make an argument about growth and maturity, but I don’t know if that’s actually accurate. Look at crypto, you could make the argument that the practice and the development of crypto markets and how individual cryptocurrencies have gotten less mature, which is understandable because there are economic patterns in history that clearly showed that this was exactly what was going to happen with crypto.

In this episode of Cybersecurity Unplugged,

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