BITFI You Wouldnt Steal My Cloins

“Never, ever claim your smart product is unhackable. Don’t snort bath salts either. The Bitfi is/was a hardware brain-wallet for crypto currency. John McAfee was probably paid to promote it & wisely identified that it was unhackable. @cybergibbons gathered a crack team of hardware and software researchers from across the world, including several of the team at PTP. Over a 2 week period they utterly ruined the Bitfi. A lot of this story is untold, particularly around the real-time disclosure and back-end coordination. We’ll also look at what they could have done to improve their security & a quick look at the Bitfi 2.0 if it gets to market in time! Since then, we’ve encountered and ruined many more products that made unhackable claims. We’ll demo those too.”

Bios: Ken Munro, Lobbyist for IoT regulation, responsible disclosure chess-master. Speaker at BSides, OWASP, Defcon, BlackHat etc Andrew Tierney, @cybergibbons That hardware guru who did the first PoC ransomware on IoT, discovered flaws in Z-Wave & pwned an entire fleet of ships. IoT destroyer par excellence