With digital assets becoming increasingly targeted by sophisticated cyber threats, the need for proactive security solutions is more urgent than ever. On October 30th, RigSec and Palo Alto Networks hosted an exclusive event in Hong Kong, bringing together industry leaders to address the challenges and innovations shaping digital asset security. Through expert keynotes, real-world case studies, and live demonstrations, the event provided actionable insights for tackling today’s most pressing security issues. Here’s a look at the key takeaways from this important gathering.

RigSec Keynote: Navigating the Complexities in Virtual Asset Cybersecurity Operations

RigSec opened the event with a keynote which addressed the rapidly evolving security landscape for centralized (CeFi) and decentralized finance (DeFi) platforms. With crypto hacks up 72% from 2023, Our team emphasized the importance of a robust, adaptive security framework. From targeted attacks on private keys to vulnerabilities in APIs and infrastructure, RigSec outlined a proactive approach to protect against today’s sophisticated threats. Furthermore, the team introduced vCISO and MDR services designed by RigSec to help CeFi enterprises improve their cybersecurity maturity and enhance their attack detection and response capabilities.

Palo Alto Networks Keynote: Boosting Security Operations ROI with XSOAR

Next, Palo Alto Networks presented the benefits of integrating security orchestration, automation, and response (SOAR). By streamlining processes and focusing resources on high-priority incidents, XSOAR enables security teams to respond to complex threats more efficiently and maximize resource use. This approach highlighted XSOAR’s value in delivering meaningful returns on security investments while tackling the challenges of scaling security operations. 

Live Demo: XSIAM in Action

Palo Alto Networks' live XSIAM demo showed how the platform automates security operations. Attendees witnessed its comprehensive visibility and AI/ML-driven threat detection across network, cloud and endpoint data. The streamlined approach detects anomalies and predicts threats proactively, going beyond traditional SIEM solutions.

RigSec Keynote: Bridging Web2 and Web3 Security Operations

RigSec then shifted the spotlight to the convergence of traditional and decentralized security needs. In a landscape where both Web2 and Web3 technologies intersect, RigSec highlighted the importance of a unified approach to security. This session showcased how a unified security framework that combines web2 and web3 technologies can help organizations detect and respond effectively to advanced threats through case studies on internal and external incidents.

Roundtable Discussion: Effective Strategies for Strengthening Security Operations

The event concluded with an expert roundtable where experts from RigSec, Palo Alto Networks, Amber Group and WhaleFin shared strategies to enhance security operations. Key discussion points included:

◆ Challenges in Securing Digital Assets: Addressing the complexities of safeguarding assets across traditional and decentralized infrastructures.

◆ Defending Against Social Engineering Attacks: Mitigating risks from phishing and other manipulative tactics that target user and organizational vulnerabilities.

◆ Advanced Threat Defense: Implementing proactive threat intelligence and simulation exercises to anticipate and counter sophisticated adversarial tactics.

◆ Increasing ROI in Security Operations: Leveraging automation and resource optimization to deliver sustainable, impactful security results.

Final Thoughts

The RigSec x Palo Alto Networks event provided a platform to explore innovative approaches to digital asset security. As security challenges in both Web2 and Web3 infrastructures evolve, so too must the tools and strategies used to protect them. RigSec remains committed to equipping organizations with the insights and solutions needed to secure their assets in today’s dynamic environment.

Stay tuned to RigSec for more insights, updates, and events as we continue to lead the conversation on digital asset security.