The Hackability of Bitcoin

Cybersecurity has been a hot topic in America over the past year. With more and more hacks going public, what role does the government play in creating regulation? Megan Stifel, Senior Fellow at Atlantic Council and former Cybersecurity Policy Adviser at the White House National Security Council joins Cheddar to discuss the relationship between Washington DC and cybersecurity.

Rob Glickman, Chief Marketing Officer at data management company Treasure Data, joins Cheddar to discuss how the Krack attack impacts every single connected device in the world. He says the good news is that this vulnerability was discovered a few months ago, and vendors are already working to fix it. He explains this vulnerability is called the "man-in-the-middle." This means that the bad guy (or hacker) needs to be on the same wi-fi network as you, so the chances of it impacting you personally are slim. Rob says the most important thing everyone needs to do is to make sure their software is updated on their phones and computers. The challenge for consumers is that they need to use common sense and buy good products from trusted brands. Every consumer needs to think about security every time they purchase a connected device. He also discusses how businesses are taking advantage of IoT-logged data to gain a competitive edge. He hopes in the future companies will share data with each other, even with competitors, so everyone can be safe from vulnerabilites and hacks.

Rohit Sethi, COO of Security Compass, joins Cheddar to discuss the one thing all cybersecurity hacks have in common: software vulnerability. He compares cybersecurity compliance to fire safety years ago. Fire codes were not created and there was no plan in place if a fire occurred. He believes cybersecurity is a board-level issue that needs to be built on the front end, so companies don't need to deal with the repercussions on the back end. The one tip he gives to major companies: shift risk back to the vendor.