Outwitting crypto criminals: Why exchanges have to go the extra mile

in hive-116221 •  last year  (edited)

Shared From DLIKE

Our observations: 

Here is an article on cyber security from Mark Taylor who has had hands-on experience in cybersecurity in general and in Anti Money Laundering and fighting against the scammers, in particular. 

He suggests that the crypto industry has to take matters more seriously by going the extra mile to implement additional cyber security measures such as that implemented by the card industry viz meeting the requirement of Payment Card Industry Data Security Standards. 

He also makes a valid point about crypto industry being better armed than the card industry or the banking industry to institute these cyber security measures because having delivered complex and innovative solutions the crypto industry already possess great expertise and extensive experience in these fields. 




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