Amanda Wick: Nation-state actors are escalating cyber threats, North Korea's hacking is a ...

Nation-state cyber attacks are escalating, with North Korea exploiting crypto vulnerabilities for financial gain.

Amanda Wick is Founder and Chief Executive Officer of the Association for Women in Cryptocurrency. She previously served as Chief of Legal Affairs at Chainalysis after nearly a decade as a federal prosecutor at the US Department of Justice, specializing in crypto money laundering. She is also a Principal with Incite Consulting, advising crypto businesses on risk and compliance strategy.

The attack on Drift was a sophisticated operation likely orchestrated by a nation-state actor.

The intensity of attacks on crypto companies is likely increasing.

The crypto sector is increasingly facing threats from nation-state activities.

I worry the number of companies that don’t train at that level.

Companies need to reconsider their security protocols and who they allow access to their spaces.

North Korea definitely stands out as a particularly prolific actor.

We have to entertain the possibility that all of these factors are possible.

What conversations are they collecting, what PII are they collecting?

This is certainly a vector for DPRK to get more involved.