The U.S. Treasury’s OCCIP launched a digital asset cybersecurity initiative to provide eligible U.S.-based crypto firms with timely, actionable threat intelligence previously reserved for traditional financial institutions. The move responds to escalating attacks—including a reported $280 million theft from Drift and other multi-million-dollar breaches—and aims to strengthen industry-wide resilience through information sharing and aligned cybersecurity standards. #Drift #NorthKorea
Keypoints
- Treasury’s OCCIP will share high-quality threat intelligence with eligible U.S.-based digital asset firms.
- The initiative extends protections traditionally available to banks to crypto platforms at no cost for qualifying firms.
- Escalating attacks, including a reported $280 million theft from Drift and other multi-million-dollar breaches, spurred the effort.
- Real-time intelligence sharing is intended to improve detection, prevention, and response to incidents across the sector.
- The program seeks to align cybersecurity standards, support responsible innovation, and bolster digital asset ecosystem resilience.
Read More: https://thecyberexpress.com/digital-asset-cybersecurity-initiative/