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Paradigm's Head of Security leads launch of SEAL-ISAC, a crypto threat intel-sharing platform

Paradigm's Head of Security leads launch of SEAL-ISAC, a crypto threat intel-sharing platform

The BlockThe Block2024/04/17 15:04
By:The Block

Quick Take Paradigm’s white hat hacker and head of security, Samczsun, announced the launch of SEAL-ISAC, the next initiative of the SEAL Org. SEAL-ISAC allows individuals to share information and connect with experts on crypto cybersecurity threats, attacks and responses.

Paradigm's Head of Security leads launch of SEAL-ISAC, a crypto threat intel-sharing platform image 0

Samczsun, a pseudonymous white hat hacker for Paradigm, announced the launch of a crypto cybersecurity threat information-sharing platform called SEAL-ISAC. 

SEAL-ISAC, or Information Sharing and Analysis Center, gives users access to security intelligence and helps provide resiliency to crypto security attacks, according to a Wednesday release. SEAL-ISAC lets individuals connect with experts on crypto cybersecurity threats, attacks and responses.

The platform is free and globally supports centralized and decentralized entities. Crypto exchanges, digital asset trading platforms, regulation and compliance experts, blockchain development platforms, mining pools and infrastructure projects, wallet providers and web3 cybersecurity firms can become stakeholders in SEAL-ISAC.

Platform participants include members from Chainalysis, the Ethereum Foundation, Filecoin Foundation, MetaMask, Polygon, Scroll, and Uniswap Labs, with additional support from Ethereum, Polkadot, Solana and other ecosystem leaders. 

"There are large swaths of threat intel hidden away in private messages and group chats, intel that might help in recovering funds, tracking down a threat actor, or identifying future victims," Samczsun wrote on the social media platform X. "What we need is a way to collect, organize, correlate, and distribute that intel across the crypto ecosystem using something more efficient than Telegram or Signal. That's where SEAL-ISAC comes in." 

SEAL's evolution

Samczsun initially announced SEAL Org in February 2024. SEAL , or Security Alliance, is a crypto cybersecurity threat resolution organization that also provides a safe harbor for white hat hackers.

"Having personally been in countless situations where I asked myself that very same question, I decided it was finally the time to do something," Samczsun said regarding SEAL Org's launch. "In Web2, we have the concept of "safe harbor" for security researchers, and I wanted to bring that idea to Web3."

SEAL evolved from the crypto cyberthreat hotline SEAL 911, which launched in September 2023, purporting to have recovered over $50 million in assets from cyber attacks, according to a company release. 


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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