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Insider breach – Shapeshift’s story

Posted on May 20, 2016 by Dissent

@SwiftonSecurity kept telling everyone on Twitter that we #MUSTREAD the story of what happened at Shapeshift.io. And with good reason: it’s a phenomenal account of an insider breach told with the kind of refreshing honesty that’s often missing in most breach disclosures.  It also reads like a thriller.

I’m going to give readers a different link to access the story, because the site @SwiftonSecurity links to became overloaded. The story also appeared on Bitcoin on April 19, and you can access it here.  There’s also a copy uploaded to Pastebin.

I look forward to reading about the arrest and prosecution of “Bob.”

As an aside, Erik Vorhees argues that had ShapeShift complied with BitLicense regulations, the hack would have been worse.

Category: Business SectorCommentaries and AnalysesInsiderOf NoteU.S.

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