TechFlow news, according to CoinDesk, Fireblocks, a crypto custody specialist, launched a suite of cybersecurity solutions on March 6 aimed at helping enterprises comply with the European Union's Digital Operational Resilience Act (DORA), which officially took effect in the EU in January 2025.
"One challenge facing relatively small crypto and fintech firms is that DORA does not differentiate between them and large banks or financial institutions," said Alex Jilitsky, Director of Cyber GRC at Fireblocks. "The regulation essentially requires all entities to enhance resilience—not only against cyberattacks but also service disruptions, interference, and technical failures."
Fireblocks' Cyber and Operational Resilience (COR) compliance suite includes dedicated legal appendices, regular reporting, and annual joint security audits. This move is particularly significant for the crypto industry, as crypto firms are more vulnerable to attacks and financial losses compared to traditional financial institutions—a fact recently demonstrated by the massive malicious hack suffered by leading cryptocurrency exchange Bybit.
