US Treasury to offer free cybersecurity intelligence to crypto firms

The U.S. Treasury Department's Office of Cybersecurity and Critical Infrastructure Protection has unveiled a new cyber threat intelligence sharing initiative with the cryptocurrency sector in a bid to bolster threat discovery, prevention, and response efforts amid increasingly prevalent and sophisticated intrusions against the industry, according to Nextgov/FCW.

U.S. digital asset companies and industry organizations that satisfy agency requirements will be provided with free access to the same threat intelligence that the department already provides to traditional financial institutions under the program. Such a move, which is part of efforts to include cryptocurrency entities in the U.S.'s core financial infrastructure, is intended to address several attacks in which hackers stole millions using cryptocurrency platforms.

"This initiative expands access to actionable threat information that helps firms strengthen defenses, reduce risk, and respond more effectively to incidents," said Cory Wilson, the Treasury Department's deputy assistant secretary for cybersecurity.