Fireblocks Unveils Cyber Security Tools to Help Cryptocurrency Handlers Meet Europe’s DORA Rules
Fireblocks’ Cyber and Operational Resilience Compliance Package is intended to assist financial institutions and crypto asset service providers.
- Fireblocks has launched a cyber security solution for businesses to comply with the EU’s DORA.
- DORA applies to all financial institutions, including tiny cryptocurrency and fintech businesses.
- The Fireblocks bundle includes a legal addendum, reports, and an annual security audit.
Fireblocks, a crypto custody provider, has introduced a cyber security service to assist enterprises in complying with Europe’s Digital Operational Resilience Act (DORA), which went into effect in the European Union (EU) in January 2025.
Cybersecurity is an ongoing battle, especially for cryptocurrency organisations, which are more vulnerable to assaults and financial losses than traditional financial institutions. The recent large-scale, hostile attack of the main cryptocurrency exchange, Bybit, demonstrated this.
“One of the challenges for relatively small crypto firms and fintech companies is that DORA does not differentiate between these sorts of firms and large banks and financial institutions,” said Alex Jilitsky, Cyber GRC Director at Fireblocks. “It essentially says you need to be more resilient, not only to cyber attacks but also to outages, disruptions, and technical failures.”
According to a press release, the major components of Fireblocks’ Cyber and Operational Resilience (COR) compliance package are a dedicated legal addendum, frequent reporting, and an annual pooled security audit.
Crypto-asset investments are high-risk; you may lose your capital.