Web3Firewall: A Comprehensive FAQ on the SIEM Platform Built for Crypto Security
Summary
Web3Firewall is a Security Information and Event Management (SIEM) platform specifically designed for Web3, founded by BitGo and Microsoft veterans to address security gaps in the digital asset ecosystem by unifying risk management, compliance, and AI-driven anomaly detection across blockchain infrastructure.
What is Web3Firewall and what problem does it solve?
Web3Firewall is a Security Information and Event Management (SIEM) platform purpose-built for Web3 that addresses the security foundation gap in the digital asset ecosystem by unifying siloed risk and compliance tools with AI-driven decisioning and anomaly detection.
Who founded Web3Firewall and what is their background?
Web3Firewall was founded by BitGo veterans Samer Fayssal (CEO) and Matt Hardy (COO), together with former Microsoft engineering leader Cody Nicewanner (CTO), bringing decades of experience in securing institutional assets and scaling enterprise systems.
How does Web3Firewall adapt traditional SIEM for Web3 environments?
Web3Firewall adapts the proven SIEM approach by aggregating signals from risk, compliance, and KYC providers and combining them with proprietary intelligence engines and AI decisioning technology to detect anomalies and enforce policies across chains and wallet infrastructure in real time.
What are the core capabilities of Web3Firewall?
Core capabilities include integration-first architecture, pre-broadcast simulation and post-broadcast monitoring, cross-chain and wallet infrastructure coverage, jurisdictional policy engine, advanced wallet management tools, and multi-tenant SIEM features for managed service providers.
What types of organizations is Web3Firewall designed to serve?
The platform serves institutions, protocols, managed service providers, exchanges, custodians, and regulated custodians in the US and internationally, providing a unified layer of risk management and compliance.
How does Web3Firewall support advanced compliance solutions?
The platform supports an application layer that allows organizations to build advanced compliance solutions, such as proof of solvency using zero-knowledge proofs and fully homomorphic encryption with collateral protection mechanisms.
What partnerships and compliance standards does Web3Firewall maintain?
Web3Firewall is ISO compliant, partnered with Google and AWS, and has served as an intelligence partner to CryptoISAC for the past eight months, contributing threat data to strengthen the digital asset security ecosystem.
Where can I find more information about Web3Firewall?
More information is available at their website as referenced in the content.
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