Protecting the cryptocurrency ecosystem against cyber attacks and financial crime
SAN FRANCISCO--(BUSINESS WIRE)--#ISAC--Since launching our SEAL 911 initiative last year, our team has recovered more than 50,000,000 USD in assets from cyber attacks. To expand these efforts with long-term support tailored to the needs of the crypto industry, the Security Alliance (SEAL) is now operating an Information Sharing and Analysis Center (ISAC) that is:
- Completely free
- Purpose-built for crypto on open source solutions
- Supportive for both centralized and decentralized entities
- Global from day 1
- Integrated with SEAL 911 and other SEAL initiatives
SEAL-ISAC combines these specifications with key aspects of the ISAC framework first pioneered by the Financial Services ISAC (FS-ISAC) in 1999. As such, we are focused on providing access to critical security intelligence, resilience against security attacks, and valuable connections with peers and experts. Early participation in SEAL-ISAC is already strong with crypto security teams from nearly 2 dozen organizations including Chainalysis, Ethereum Foundation, Filecoin Foundation, MetaMask, Polygon, Scroll, and Uniswap Labs. Additional participants are listed on our website here. SEAL-ISAC is also built with support from leaders in Ethereum, Polkadot, Solana, Filecoin, and other ecosystems.
Membership in SEAL-ISAC is free, and we welcome key stakeholders such as those listed below to apply:
- Cryptocurrency exchanges and trading platforms
- Blockchain development projects and platforms
- Wallet providers and crypto storage solutions
- Mining pools and infrastructure providers
- Cybersecurity firms and researchers specializing in blockchain and cryptocurrency
- Regulation and compliance experts
SEAL-ISAC addresses the specific needs of the crypto industry with a robust set of initial functions:
- Information Sharing: Our threat intelligence platform uses the Open Cyber Threat Intelligence Platform (Open CTI) so members can easily and safely share context, external references, observables (such as cryptocurrency wallet addresses), entities, and relationships. Members can subscribe to SEAL-ISAC’s automated information feeds, curated by SEAL analysts, and/or conduct their own analysis using the information in our database. This includes information about threats and incidents triaged by the SEAL 911 team and information contributed by SEAL-ISAC members.
- Threat Analysis and Alerts: Our expert analysts provide timely threat intelligence and alerts to SEAL-ISAC members to help them anticipate, identify, and mitigate potential attacks.
- Best Practices and Playbooks: SEAL supports and disseminates best practices and guidelines for cybersecurity to help members implement effective security measures and policies, including playbooks for incident response through our War Games initiative.
- Incident Coordination and Response: Providing a coordinated response mechanism for major security incidents, such as exchange hacks or network attacks, facilitated through SEAL 911.
- Education and Awareness: Offering educational resources and training programs tailored to various stakeholders in the cryptocurrency ecosystem, including developers, exchanges, wallet providers, and users, to raise awareness about security best practices and the latest threats.
To apply for membership, please visit ISAC.SecurityAlliance.org
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