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Government Makes Cybersecurity Audits Mandatory for Crypto Exchanges Due to Rising Risks
India has made cybersecurity audits mandatory for cryptocurrency exchanges, custodians, and intermediaries following a surge in cyber heists. The Financial Intelligence Unit-India (FIU-IND) has directed firms to hire CERT-In-approved auditors as part of compliance under the PMLA. Industry leaders welcomed the move as a step toward stronger safeguards, though experts c...
India has made cybersecurity audits mandatory for cryptocurrency exchanges, custodians, and intermediaries following a surge in cyber heists. The Financial Intelligence Unit-India (FIU-IND) has directed firms to hire CERT-In-approved auditors as part of compliance under the PMLA. Industry leaders welcomed the move as a step toward stronger safeguards, though experts c...
