Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Fireblocks Unveils Cyber Security Tools to Help Crypto Handlers Meet Europe’s DORA Rules

Fireblocks Unveils Cyber Security Tools to Help Crypto Handlers Meet Europe’s DORA Rules

CryptoNewsNetCryptoNewsNet2025/03/06 09:44
By:coindesk.com

Crypto custody specialist Fireblocks has unveiled a cyber security offering to help firms comply with the Europe’s Digital Operational Resilience Act (DORA), which came into force in the European Union (EU) in January 2025.

Cyber security is a running battle, particularly for crypto companies that are relatively more susceptible to attacks and financial losses than traditional financial firms. This was evidenced by the recent large-scale, malicious hack of leading crypto exchange Bybit.

“One of the challenges for relatively small crypto firms and fintech companies is that DORA does not differentiate between these sorts of firms and large banks and financial institutions,” said Alex Jilitsky, Cyber GRC Director at Fireblocks. “It essentially says you need to be more resilient, not only to cyber attacks but also outages, disruptions and technical failures.”

Key features of Fireblocks’ Cyber and Operational Resilience (COR) compliance package include a dedicated legal addendum, periodic reports, and an annual pooled security audit, according to a press release.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Best Cryptos for Exponential Returns? Why Qubetics, Ondo, and Internet Computer Protocol Set the Stage for 2025 Gains

Explore the best cryptos for exponential returns in 2025, featuring Qubetics, Ondo, and ICP. Learn why these projects are catching early buyers' attention.Qubetics ($TICS): Changing the Game with Real World Asset TokenizationOndo (ONDO): Short-Term Pain, Long-Term Play?Internet Computer Protocol (ICP): AI and Blockchain in One Powerful PackageConclusion: Three Power Moves in One List

Coinomedia2025/03/19 07:22
Best Cryptos for Exponential Returns? Why Qubetics, Ondo, and Internet Computer Protocol Set the Stage for 2025 Gains

TRON ($TRX) Eyes $1.11 Breakout Target with 516% Upside

TRON ($TRX) is on track for a potential 516% surge, aiming for a breakout target of $1.11.TRON Aims for Massive Breakout: $1.11 in SightTechnical Signals Support Bullish TRON OutlookIs TRON Set for a 500%+ Rally?

Coinomedia2025/03/19 07:22
TRON ($TRX) Eyes $1.11 Breakout Target with 516% Upside

Bitfarms Acquires Stronghold in $110M Bitcoin Industry Deal

Bitfarms acquires Stronghold Digital for over $110M—the biggest public-to-public Bitcoin deal ever.Historic Bitcoin Mining Deal Shakes Up the IndustryBitfarms Strengthens Its Mining PowerIndustry Impact and Future Outlook

Coinomedia2025/03/19 07:22
Bitfarms Acquires Stronghold in $110M Bitcoin Industry Deal

Justin Sun Stakes $100M in ETH, Signals Strong Confidence

Justin Sun stakes $100 million in Ethereum, showing major confidence in ETH's future. Is this a bullish sign for crypto investors?Patience Is Key in the Crypto MarketConclusion: A Bullish Signal for Ethereum

Coinomedia2025/03/19 07:22
Justin Sun Stakes $100M in ETH, Signals Strong Confidence