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White Collars & Black Hats: Bitcoin, Dark Nets and Insider Trading

Ken Westin

Track: TBD

We know criminal hacking is big business, over the past decade, we have seen criminal syndicates get creative with ways of generating revenue, through markets selling stolen credit cards, selling of tools and services and more recently ransomware. With the rise of popularity in Bitcoin, there has been an increasing interest from those in the financial sector in the pseudo-anonymous currency as well as underground markets and sites sharing information via hidden services in the Tor network and other platforms. Financially savvy white collar criminals now have increased access to criminal hackers who can target, steal and share nonpublic data about companies, this paired with the anonymous nature of hidden services and Bitcoin reduces the risk of getting caught, but with large financial gains. In this talk we will review several cases where criminals have gained millions of dollars through compromising PR and legal firms and steps these organizations can take to protect this data.

Speakers Bio:

Ken Westin is currently Senior Security Specialist at Splunk, helping organizations aggregate, analyze and operationalize disparate security data sources to identify and mitigate threats in various forms. In his past he has helped solve crimes with data, tracking stolen devices, breaking up organized crime groups, recovered stolen vehicles, even solved a violent carjacking, leading to the prosecution of dozens of criminals. He has at presented at DEF CON, Black Hat, RSA and other security conferences around the world and this is the third time he has presented at BSides Vancouver!