Securing Crypto Exchanges: Legal Strategies Amid Rising Cybersecurity Challenges

Securing Crypto Exchanges: Legal Strategies Amid Rising Cybersecurity Challenges

A recent piece from Bloomberg Law sheds light on a notable decline in active civil suits against cryptocurrency exchanges, digital wallet providers, mobile phone companies, and other entities concerning claims linked to crypto hacking incidents or cybertheft. This drop is partly credited to heightened security measures and concerted legal strategies in electronic contracting.

Uniting Forces: Open Source Foundations Pave the Way for Europe’s Cyber Resilience Act

Uniting Forces: Open Source Foundations Pave the Way for Europe's Cyber Resilience Act

In a landmark move towards bolstering cybersecurity standards in Europe, seven prominent open source foundations have joined hands to forge common specifications and standards crucial for the implementation of the Cyber Resilience Act (CRA). This pivotal regulation, recently adopted by the European Parliament, aims to set rigorous cybersecurity protocols for all internet-connected products across the European Union.

New EU Cybersecurity Rules on the Horizon: What Manufacturers Need to Know

New EU Cybersecurity Rules on the Horizon: What Manufacturers Need to Know

The European Union (EU) is poised to implement a new regulation aimed at bolstering cybersecurity across a wide range of products. The Cyber Resilience Act (CRA), currently in its final stages of approval, will introduce stricter requirements for manufacturers of products with digital elements.