Treasury to Share Cyber Threat Intelligence With Eligible Crypto Firms
Summary
Treasury will provide eligible U.S. digital-asset firms and industry groups the same actionable cyber threat intelligence shared with traditional financial institutions, at no cost; eligibility criteria remain unspecified.
Key points
- Treasury’s OCCIP announced it will provide eligible U.S. digital-asset firms and industry organizations with actionable cyber threat intelligence at no cost.
- Participants will receive the same cybersecurity information Treasury shares with traditional financial institutions.
- Treasury has not specified which companies qualify or detailed the eligibility criteria.
- The announcement follows major crypto thefts, including an alleged $280 million theft from Drift linked to North Korean hackers.
- Bitcoin Depot said a March 23 cyberattack led to the theft of more than $3.6 million.
- The initiative comes amid planned CISA budget cuts and concerns about reductions to federal threat-sharing programs.
Article Details
- Event Type
- The U.S. Treasury’s Office of Cybersecurity and Critical Infrastructure Protection (OCCIP) announced a cyber threat intelligence-sharing initiative for eligible U.S. digital asset firms and industry organizations.
- Impact
- Eligible participants will receive, at no cost, the cybersecurity information Treasury shares with traditional U.S. financial institutions, to help identify, prevent, and respond to threats. Treasury has not specified which cryptocurrency companies qualify. The announcement follows major cryptocurrency thefts, including an alleged $280 million theft from Drift linked to North Korean hackers, and comes amid concerns about cuts to other federal threat-sharing programs.
People
Cory WilsonIdentified as Treasury’s deputy assistant secretary for cybersecurity; described the initiative as expanding access to actionable threat information.Luke PettitIdentified as Treasury’s assistant secretary for financial institutions; said digital asset firms are increasingly important to the U.S. financial sector.