Strengthening cybersecurity measures in the face of Web 3.0

Strengthening cybersecurity measures in the face of Web 3.0

e27.co·2022-08-05 18:04

James Gan, Chief Executive Officer (left) and Desmond Hsu, Chief Technology Officer (right)

As more and more industries digitalise and consumers turn to online methods of transacting with businesses, cybersecurity becomes increasingly crucial. In Southeast Asia, issues of data breaches and attacks on digital industries like cryptocurrency and NFTs are a cause for alarm, especially at the rate and scale of digitalisation in the region. Owners of crypto assets need to be on their toes as any potential breaches in the market could lead to problems in the share prices of individual firms, apart from disrupting the global crypto market as a whole.

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