Spearheading the efforts of Security Alliance is Samszun, a distinguished figure in the security department of the renowned Paradigm fund. The organization aims to empower the cryptocurrency community in defending itself against cybercriminal attacks.
The organization has wasted no time in launching a hotline that offers swift responses to hacking incidents and assists in identifying vulnerabilities in the security systems of cryptocurrency exchanges and services. Furthermore, Security Alliance is committed to providing legal guidance and protection to victims of hacking.
As part of its innovative approach, Security Alliance offers developers the opportunity to simulate hacker attack scenarios at no cost to strengthen their defense mechanisms against customer fund theft.
Notable partners of Security Alliance include industry visionaries such as Vitalik Buterin, the Filecoin Foundation, Coinbase, Dragonfly, Framework, and Electric Capital.
In related news, the Romanian National Directorate of Cyber Security (DNSC) recently revealed that over a hundred hospitals fell victim to a hacker attack aimed at extorting cryptocurrency assets.