Demystifying Blockchain and Cryptocurrencies

Program Date: 05/07/2020
Description
In conventional usage, the term “hacking” generally refers to an unauthorized user gaining access to an electronic resource. Hackers use various means to steal, guess, calculate, or otherwise obtain credentials to access systems and data they are not allowed to access. When we talk about “hacking” a blockchain, however, this does not adequately or accurately describe what has happened and blinds us to understanding where the real risks lie in this new technology of distributed ledgers and crypto-assets. The high-profile, most destructive, and expensive “hacks” in blockchain environments actually represent *authorized* users misbehaving. In some cases, these are authorized users acting on their own behalf to exploit weaknesses in the system to their own gain at the expense of other users, in other cases these are authorized users who are misusing the trust placed in them by their customers. The key to protecting yourself against fraud in this new alien world of blockchains is to become sufficiently acquainted with the technology and its peculiar jargon. This one-hour presentation is by a technologist, to help non-technologists understand and engage with blockchains and cryptocurrencies.
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California, Colorado Eligible, Florida, Georgia, New Jersey Eligible, New York, Texas Self Study
Credit Information
50 minute credit hour - 1.0 General CLE credit, based on a 50 minute credit hour
60 minute credit hour - 1.0 General CLE credit, based on a 60 minute credit hour
State Program Numbers
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Banking & Finance Law
Computer, Internet & E-Commerce Law
Corporate and Securities Law
Criminal Law & Procedure
Criminal Law & White Collar
Criminal Practice & Procedure
Cryptocurrency
Cybersecurity
Data Security and Outsourcing
Federal Courts
Financial Regulatory
Florida Eligible
Fraud Schemes
Securities & Investing
Technology Law
White Collar
Presenters
![]() David Kalat Berkeley Research Group LLC |
David Kalat is a testifying expert in information science and electronic evidence. He leads the Chicago digital forensics lab for BRG’s Global Investigations + Strategic Intelligence practice. He has over 20 years of experience in digital video, which he applies to the forensic examination of video evidence in a variety of contexts including investigations into alleged police misconduct. Mr. Kalat is a Certified Fraud Examiner (CFE), a Certified Computer Examiner (CCE), a Certified Information Systems Security Professional (CISSP), an Access Data Certified Examiner (ACE), an Illinois-licensed private detective, and a nonfiction author. He holds a master’s degree in library and information science from the University of Illinois at Urbana-Champaign. He earned his bachelor’s degree from the University of Michigan. |
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