Alex Iftimie and Michael Burshteyn authored an article for Bloomberg Law discussing how crypto businesses can understand and stay ahead of security threats and legal risks facing the industry.
“Hackers are reaping billions of dollars in profits by attacking crypto organizations,” the authors wrote. “Regulators have long focused on enforcement against companies with inadequate cybersecurity protections, and are poised to bring such actions in the cryptocurrency context. Given the wide-ranging threats, crypto organizations should focus on establishing a foundation of strong cybersecurity processes and innovations.”
Read the full article.