If you missed our AMA with Arbitrum last week, don't worry, we've got you covered! In this blog post, we'll recap everything that was discussed during the AMA featuring our very own CEO, Rick Deacon, and our CMO, Andrew Ciaccia.

During the AMA, we dove deep into how Interlock is revolutionizing security in the Web3 space. Andrew and Rick shared insights on our AI-powered threat detection, community-driven approach, and two-sided marketplace. They also discussed the challenges facing traditional security solutions and how Interlock is addressing them through its innovative approach.

Can you start by giving us a quick introduction to yourselves and your roles at Interlock?


Andrew:
Absolutely! I've been deeply involved in the startup world for over a decade, focusing on early-stage companies. At Interlock, I'm all about driving marketing efforts, building a strong community, and making sure our product reaches the right people. My passion lies in bridging the gap between technology and people, and I'm excited to be part of a company that's at the forefront of Web3 security.

Rick: My background in cybersecurity goes back over 15 years, starting with ethical hacking. I've been involved in building cybersecurity solutions since 2012, and I'm really excited to be part of Interlock. I've brought my expertise to the forefront of our mission to protect the Web3 ecosystem. I'm particularly interested in the intersection of technology and human behavior, and I believe that a community-driven approach is essential for effective cybersecurity.

So, what exactly is Interlock and how does it differ from traditional security companies?


Andrew:
Interlock is a unique Web3 security platform that combines AI-powered threat detection with community-driven engagement. Unlike traditional security companies, we're not just focused on reactive measures. We're building a proactive defense mechanism that empowers users to play an active role in safeguarding the digital landscape.

Rick: Think of it like this: traditional security companies are like firefighters, always rushing to put out the latest fires. We're more like forest rangers, actively preventing fires from starting in the first place. Our platform is designed to anticipate threats and mitigate risks before they can cause harm.

That's a great analogy! So, what are some of the challenges that traditional security companies face when it comes to stopping phishing attacks?


Andrew:
Traditional companies often struggle to keep up with the relentless pace of phishing attacks. These attacks are becoming more sophisticated, mimicking legitimate websites or using social engineering tactics to deceive users. It's like trying to hit a moving target.

Rick: Additionally, traditional security methods often rely on reactive measures, like signature-based detection or rule-based systems. These can be slow to adapt to new phishing techniques, leaving users vulnerable to the latest threats. For example, if a new phishing scam emerges, it may take time for traditional security solutions to update their databases and block the associated URLs.

So, how does Interlock's approach differ from the usual way of doing things in the security world?


Andrew:
Our approach is fundamentally different. We use AI to proactively scan the web for potential threats, identifying and blocking malicious activities before they can harm users. It's like having a security guard constantly patrolling the digital landscape.

Rick: And that's not all. We also believe in the power of community. By incentivizing users to share security data and report suspicious activities, we create a network of vigilant defenders who contribute to the overall security of the ecosystem. This community-driven approach allows us to respond more quickly to emerging threats and stay ahead of the curve.

That's a really interesting approach. Why is getting people to work together on security important in Web3?


Andrew:
In Web3, decentralization and privacy are key. By fostering a collaborative approach, we can harness the collective power of the community to create a more secure and resilient environment.

Rick: Imagine a neighborhood watch for the digital world. When everyone works together, we can spot potential threats faster and protect each other more effectively. This community-driven approach also aligns with the core principles of Web3, where individuals have a stake in the success of the ecosystem.

Can you elaborate on Interlock's two-sided marketplace?


Andrew:
Absolutely! On one side, we offer a free browser extension to individual users, providing them with real-time protection against a wide range of cyber threats. This extension leverages our AI-powered threat detection and community-driven security features to keep users safe.

Rick: Think of it like a two-way street. We're protecting individual users while also providing valuable data to businesses that can enhance their own security measures. Our enterprise customers can access our real-time threat intelligence through APIs or other integration methods, allowing them to stay ahead of emerging threats and protect their assets.

How can the community be part of improving security on Interlock?


Andrew:
Our community plays a vital role. By using the browser extension and reporting suspicious activities, users contribute to our threat intelligence network. This collective intelligence helps us improve our AI models and provide more comprehensive protection.

Rick: It's like a digital neighborhood watch, where everyone is working together to make the community safer. Additionally, our community can participate in various initiatives, such as security staking and validation, to further strengthen the security of the Interlock ecosystem.

What is Interlock's business model?


Andrew: We generate revenue by selling threat intelligence data to businesses. It's a win-win situation: we're protecting users, and businesses are benefiting from our valuable data.

Rick: Our business model is sustainable and scalable, as it aligns with the growing demand for robust cybersecurity solutions in the Web3 space.

What are Interlock's plans for the future?


Andrew: We have big plans! We're constantly investing in research and development to improve our AI-powered threat detection. We're also focused on expanding our community and developing new products to address the evolving needs of the Web3 ecosystem.

Rick: Additionally, we're exploring opportunities to partner with other Web3 projects to create a more secure and interconnected ecosystem. Our goal is to become a leading provider of security solutions for the Web3 space.

That's exciting! So, what are the biggest challenges and opportunities for security in Web3 and for Interlock?


Andrew: The biggest challenges include phishing attacks, social engineering, and malicious smart contracts. As the Web3 ecosystem grows, these threats will likely become more sophisticated and prevalent.

Rick: However, these challenges also present significant opportunities for innovative security solutions like Interlock. By leveraging the unique characteristics of Web3, such as decentralization and transparency, we can develop new approaches to security that are more effective and resilient than traditional methods.

Thanks, Andrew and Rick, for this insightful conversation. It's clear that Interlock is playing a crucial role in safeguarding the Web3 ecosystem.

Download ThreatSlayer and stay tuned for more on how it’s using the latest AI advancements to make sure you don’t get played by bad actors and social engineering. You can also jump into more in-depth looks we’ve taken at some Web3 attacks and scams:

Follow us on X/Twitter to stay in the loop on product updates or chat with the community on Telegram or Discord.

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