$ 731 million stolen from trading platforms in 2018, can these breakthroughs be prevented?

in #cryptocurrency6 years ago (edited)


ChemetTrace for Blockbuster Security reported that $ 731 million of digital currency was stolen from digital currency exchanges during the first half of 2018.


Last year, digital currency platforms recorded about $ 266 million in losses from security breaches. While the first half of 2018 tripled the amount stolen from trading platforms in 2017, prompting investors to consider concerns about security measures implemented by the digital currency platforms.


How to prevent break-ins in the currency platforms?


Japan and South Korea, two countries with the biggest security breaches in 2018, have already begun implementing strict regulatory policies to set industry standards for the security of digital currency platforms. The South Korean government has chosen to organize these platforms as banks, giving local financial agencies the authority to monitor and monitor operations Trading.


Under tougher regulations and strict surveillance of platform security systems, authorities in Japan and South Korea expect security breaches in the digital currency sector to decline over time.


Quoting arabbit.net

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It can be prevented if regulations and laws are put into place. BTW, have you asked yourself why coinbase hasn't been successfully hacked? I think when you have the right web developers then it will be difficult to get hacked

lmao
you say "It can be prevented if regulations and laws are put into place"
ha ha ha, so naive, it wont do jack shit to keep thieves away.

you are right

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