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The Peter McCormack Show

Ledger Hack Revisited with Pascal Gauthier & Matt Johnson - WBD336

The Peter McCormack Show

Peter McCormack

Politics, Society, Markets, News, Society & Culture, Technology, Inflation, Finance, Economics, Government, Power, Bitcoin, Money

4.72.8K Ratings

🗓️ 19 April 2021

⏱️ 61 minutes

🧾️ Download transcript

Summary

Location: Remotely Date: Wednesday 14th April Company: Ledger Role: CEO & CISO

In July last year, Ledger was the victim of a data breach, with hackers gaining customer email addresses, phone numbers and physical addresses. Over 270,000 people were affected by the hack.

Pascal Gauthier, CEO of Ledger, previously came onto the podcast to answer questions shortly after the hack. Since the interview, Ledger asked to sponsor the podcast, and one condition was that they come back on the show and answer listener questions.

I believe it is vital to have a healthy and competitive marketplace for hardware wallets, firstly to give customers a choice and competition between the manufacturers pushes them to be better.

Listeners of the podcast still have questions regarding the hack, so I asked the Ledger CEO and CISO Pascal Gauthier and Matt Johnson to come on the show and answer some more questions and explain the changes they have made internally.


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

It's not data that we need. It's not data that we want. And so the only reason why we're doing all of this and why it sounds complex is because we have these legal obligations everywhere in the world.

0:12.0

Hello there from Bedford in the United Kingdom, the Bitcoin Capital of the World.

0:17.0

How are you all doing?

0:18.0

Did you have a good weekend?

0:20.0

Did you?

0:21.0

My house nearly burned down, so I had a weird weekend.

0:23.4

Anyway, welcome to the What Bitcoin did podcast, which is brought to you by Gemini, who I'm using

0:28.5

exclusively for buying Bitcoin. I'm your host, Peter McCormack, and today I've got an interview with Pascal and Matt

0:34.2

from Ledger where they're going to be answering some of your questions but before

0:38.8

that I do have a message from my show sponsors and we're kicking off today with Gemini who is my new

0:44.7

exchange sponsor and who I am using exclusively for buying and selling Bitcoin, but we're

0:50.0

only buying right, especially with this big ass dip we're hodlers we've got

0:54.2

diamond hands we are only buying and I've been using Gemini now since I

0:58.6

unbordered them I've been buying the dips with Gemini and I've also set up my

1:02.3

dollar cost averaging I'm doing twice monthly buys through the app and I'm yet to see a better or easier app for buying Bitcoin and I do want to give a massive shout out and thanks to Cameron Tyler for supporting the show.

1:15.0

I spent a lot of time talking to them before they became sponsors talking about ideas relating to supporting

1:20.0

Bitcoin and it's an open book. They said, Pete, come to me with any idea you've got, which is super

1:24.9

cool. I'm really enjoying working with the Gemini team, but if you want to check them out yourself,

1:29.2

please do head over to Gemini.com, which is GM-E-M-I-N-I-D-C-O-G-I-N-C-O-G-I-N-C-O-O-O-G-N-O-C-O-O-O-O-T-O-O-O-O-T-O-O-O-O-O-O-O-O-O-O-O-O-O, which is, is G-O-O-O-O-O-O-O-O-O offer a number of products for Bitcoiners of which I also use. I am also a customer.

1:45.0

Now with a BlockFi interest account you can earn yield on your Bitcoin.

1:49.0

I have been using the product for nearly two years and I've been letting my Bitcoin work for me.

1:53.8

I love the product. But also with BlockFi you can get a Bitcoin back loan. You can borrow

...

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