{"id":76389,"date":"2024-04-17T14:36:47","date_gmt":"2024-04-17T18:36:47","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=76389"},"modified":"2024-04-17T14:36:50","modified_gmt":"2024-04-17T18:36:50","slug":"seal-group-launches-crypto-threat-sharing-platform","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/seal-group-launches-crypto-threat-sharing-platform\/","title":{"rendered":"SEAL Group Launches Crypto Threat-sharing Platform"},"content":{"rendered":"\n

A group of white hat hackers<\/a>, the Security Alliance (SEAL), have introduced a threat-sharing platform to assist the cryptocurrency industry against hacks and scams.<\/p>\n\n\n\n

\"SEAL
SEAL Group Launches Crypto Threat-sharing Platform<\/figcaption><\/figure>\n\n\n\n

On April 17, the alliance unveiled SEAL-ISAC, a free Information Sharing and Analysis Center (ISAC) designed specifically for cryptocurrencies to safeguard against financial crimes and cyberattacks by providing security intelligence and expert connections.<\/p>\n\n\n\n

Information sharing, threat analysis and alerts, best practices, incident coordination and response, and education on security threats and best practices are among its functionalities.<\/p>\n\n\n\n

As early participants, nearly two dozen prominent cryptocurrency organizations <\/a>have joined the initiative, including the Ethereum Foundation, Polygon, Uniswap Labs, Chainalysis, and MetaMask.<\/p>\n\n\n\n

Open CTI, an open-source cyber threat intelligence platform, serves as the platform's foundation, assisting decentralized and centralized crypto entities.<\/p>\n\n\n\n

The ISAC operates with SEAL's additional endeavours, including SEAL 911 crypto security incident response, which utilizes a Telegram messenger channel to receive real-time assistance from approximately forty white hat hackers in response to reports of ongoing breaches.<\/p>\n\n\n\n

A decline in breach losses in 2023 will position cryptocurrency markets to commence a new bullish cycle.<\/p>\n\n\n\n

As of 2016, crypto hacks have resulted in a loss of over $7.7 billion, with significant exploits in 2021 and 2022 accounting for most of the theft, according to DefiLlama.<\/p>\n\n\n\n

\"Crypto
Crypto total value hacked since 2017. Source: DefiLlama\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a><\/figcaption><\/figure>\n\n\n\n

Samczsun, chief of security for Paradigm and a SEAL team member, told Cointelegraph Magazine in March that the escalating difficulty of hacks involving cryptocurrencies is “equivalent to completing a college-level course on quadratic equations.”<\/p>\n\n\n\n

“Although things are becoming more difficult, this is a positive sign that we are compelling hackers to solve increasingly complex problems,” they continued.<\/p>\n","protected":false},"excerpt":{"rendered":"

A group of white hat hackers, the Security Alliance (SEAL), have introduced a threat-sharing platform to assist the cryptocurrency industry against hacks and scams. On April 17, the alliance unveiled SEAL-ISAC, a free Information Sharing and Analysis Center (ISAC) designed specifically for cryptocurrencies to safeguard against financial crimes and cyberattacks by providing security intelligence and […]<\/p>\n","protected":false},"author":1,"featured_media":76417,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[7017,16607,19166,19165],"class_list":["post-76389","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crypto-scams","tag-hacks-2","tag-isac","tag-seal"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/04\/image-110.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/76389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=76389"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/76389\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/76417"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=76389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=76389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=76389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}