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Crypto Industry Increases Security Measures After 75 Percent Rise in Attacks
The crypto industry reported a 75 percent increase in attacks on digital asset holders last year. Companies are expanding security protocols in response to the rise in incidents.
May 19, 5:36 AM·1m read1 source
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The crypto industry reported a 75 percent increase in attacks on digital asset holders last year. Firms across the sector are expanding security protocols and infrastructure to address the higher volume of incidents.
Multiple companies have implemented additional verification steps and monitoring systems. These measures target both individual holders and institutional platforms that manage digital assets.
Industry participants stated that the increase in attacks prompted immediate reviews of existing defenses. Further adjustments to security practices are expected as companies continue to assess recent incidents.
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