Security is a Function of Finance
an interview with me on the Immunefi podcast
Last week I had the pleasure to chat with
Two major themes emerged:
Security is a function of finance.
An empty safe requires no security. A pile of gold coins requires a lot. Your security spend should always be proportionate to what you’re securing. (The concept of “Security ROI” that I’ve discussed here often.)
Off-chain / web2 security is a major blindspot for most web3 companies.
The Safe/ByBit hack in February, 2025 makes this clear.
But give it a watch, great convo, thanks again for having me on, Mitch