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Dan Guido on North Korea

From Dan Guido, Trail of Bits · · The Archive: Crypto, Startups, and Stories

“I am truly impressed with what North Korea's been able to pull off. um they are like normally uh from countries like that you're seeing people recycle pentesting tools using off-the-shelf exploits and techniques that are well understood. And what you see from North Korea is they are performing intrusions. They are assessing the environment that they have access to and on the fly writing novel tools to take advantage of it. Um they're they're writing like smart contract code. They're writing um malware. They're writing like they they're they're doing things that are really quite sophisticated.”

Dan Guido
CEO, Trail of Bits
North Koreacybersecuritystate-sponsored hackingblockchain

On , Dan Guido, CEO at Trail of Bits, spoke about North Korea during Dan Guido, Trail of Bits on The Archive: Crypto, Startups, and Stories.

Dan Guido, Trail of Bits
Watch on YouTube at 23:45
Dan Guido, Trail of Bits
Watch on YouTube at 23:45
Dan Guido is the co-founder and CEO of Trail of Bits, one of the most respected security research firms in crypto, government, and software infrastructure. In this episode, we trace Dan’s path from hacking his high school’s computer systems to working at the NSA, the Federal Reserve incident response team and eventually building Trail of Bits. We dive into how North Korean hackers became some of the most sophisticated attackers in the world, what DARPA is, and how trail of bits works with government contracts. Finally, Dan shares his views on AI and cybersecurity, why defense may benefit more than offense, and what happens when agents dramatically increase the attack surface of the internet. ----- Altitude – the global business account with stablecoin and fiat bank transfers, free on-and off-ramps, 5% APY, corporate cards, bill pay, and more. ------ Questions or feedback? Email us at ⁠[email protected]⁠ Website: ⁠https://thearchivepod.com⁠ Twitter: ⁠https://x.com/Archive_Pod⁠ ------ Timestamps (0:00) Intro (0:23) Altitude (1:14)What is trail of bits and how did it get started (6:49) Dan's upbringing and developing a passion for computer science and hacking (16:25) Working at the NSA (22:51) North Korean hacks on crypto (28:22) The incident response team at the federal reserve (33:05) The motivation behind trail of bits, and DARPA's role (47:23) Starting trail of bits (58:22) Government shutdown, losing all revenue, and surviving with 1 paycheck (1:04:36) Hiring people for mastery and building a high agency team (1:15:34) Bitcoin post-quantum cryptography (1:20:12) The culture and expectation at trail of bits (1:38:42) Mythos and AI's role in cybersecurity (2:05:48) San Bernardino iPhone incident, and dan's proudest moments (2:12:12) Learning to become a CEO (2:19:59) Peiter "Mudge" Zatko
Dan Guido

About Dan Guido

CEO · Trail of Bits

In an April 2025 podcast appearance, Dan Guido, co-founder and CEO of Trail of Bits, discussed his background in security research, the threat posed by North Korean hackers, and the relationship between AI and cybersecurity. He stated that the insecurity of blockchain protocols is "funding nukes in North Korea," noting that North Korea's annual GDP is roughly $25 billion and that it steals an estimated $1 to 2 billion per year. Guido expressed admiration for North Korea's hacking capabilities, saying they write novel tools on the fly and develop custom smart contract code, unlike other state-sponsored groups that recycle off-the-shelf exploits. He also said that AI-powered bug-finding is not new, noting that Trail of Bits won a DARPA AI cyber challenge in 2024 and that "15 or 20 bug finding systems using AI" already existed at that time. Guido said that only a small number of companies are likely to be targeted by adversaries with zero-day exploits, and that most breaches result from password reuse, misconfigurations, and social engineering. He described Trail of Bits as a "learning system" that ensures individual insights are shared across the organization. Regarding the future of AI in security, he stated that the opportunity for defense using AI is "way bigger than offense," because AI is well-suited for pattern matching against a company's structured data to find latent security issues.

Profile compiled from Dan Guido's verified public interviews and appearances. See all quotes & transcripts →

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