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a16z Podcast

The SSN Breach: What Now?

a16z Podcast

a16z

Science, Innovation, Business, Entrepreneurship, Culture, Disruption, Software Eating The World, Technology

4.41.1K Ratings

🗓️ 18 August 2024

⏱️ 23 minutes

🧾️ Download transcript

Summary

In this episode, we cover the recent data breach of nearly 3B records, including a significant number of social security numbers. Joining us to discuss are security experts Joel de la Garza and Naftali Harris. Incredibly enough, Naftali and his team were able to get their hands on the breached dataset and were able to validate the nature of the claims. Listen in as we explore the who, what, when, where, why… but also how a breach of this magnitude happens and what we can do about it.

Transcript

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0:00.0

Hello everyone welcome back to the A16Z podcast. Today we've got a special episode

0:06.0

covering a timely piece of news that quite frankly I wish we were not reporting on.

0:10.8

In case you missed it this week there was a reported breach of nearly 3 billion records, but not just any records. Headlines included quote, billions of Social Security numbers exposed or even, quote,

0:25.0

did Hacker steal every Social Security number?

0:28.0

Naturally, we wanted to bring in the experts to break down what really happened here

0:32.0

and its expected impact.

0:34.0

So joining us today are Joel Dela Garza and Nftali Harris.

0:38.0

Joel is an operating partner in A16Z who was previously the chief security officer at Box.

0:43.8

And, previous to that, the global head of threat management in cyber intelligence or

0:48.1

Citigroup.

0:49.1

Neftally, on the other hand, is co-founder and CEO of Centilink, a company that helps block identity theft and

0:54.8

fraud for hundreds of financial institutions at a scale that might make you wins.

0:59.9

We verify over a million people every day.

1:02.2

Incredibly enough, Nftali's team was actually

1:04.3

able to get their hands on the breached data set and we're actually in the room as we were

1:08.4

recording so you'll hear Nftali reference them as they were poking and prodding

1:12.1

to validate the claims.

1:13.2

Listen in as we explore the who, the what, the when, the where, the why, but also

1:17.9

how a breach like this happens and what we can do about it.

1:21.6

We watch these markets like this is and what we can do about it.

1:26.0

We watch these markets like this has been going on forever. You can see the fraudsters talking about this on the forums.

1:30.0

Social security numbers are the kind of things that don't change, right? You got one when you're

...

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