Cryptocurrency Fraud , Fraud Management & Cybercrime , Video

Proof of Concept: Crypto - A New National Security Threat

In the latest "Proof of Concept," Ari Redbord, head of legal and government affairs at TRM Labs, and former CISO David Pollino of PNC Bank join editors at Information Security Media Group to discuss the U.S Treasury's decision to sanction cryptocurrency mixer Blender.io. They also assess software supply chain security.

See Also: Cyber Attacks: The 2022 Predictions

Anna Delaney, director, productions; Tom Field, vice president, editorial; Ari Redbord, head of legal and government affairs at TRM Labs; and David Pollino, former CISO, PNC Bank, discuss:

• The significance of the first-ever U.S. sanctions on a cryptocurrency mixer;
• Reflections on the Colonial Pipeline incident, one year later;
• Whether rewards offered by law enforcement agencies for information on cybercriminals actually work.

Prior to joining TRM, Redbord was senior adviser to the deputy secretary and the undersecretary for terrorism and financial intelligence at the U.S. Department of the Treasury.

Pollino has over 25 years of experience in information security, fraud prevention and risk management. He has focused on financial services for 20 years and was the chief information security officer of Bank of the West and a divisional CISO at PNC. He has held multiple leadership positions in security and fraud, including Wells Fargo, Washington Mutual and Charles Schwab. Pollino has authored multiple books and white papers focused on cybersecurity and fraud.

"Proof of Concept" runs semimonthly. Don't miss our previous installments, including the March 11 edition discussing the reality of passwordless authentication today and the April 7 edition on dealing with the regulation "tsunami."