The CEO of Ledger highlights the increasing efforts made by the institutions to address “security weaknesses” after the penetration

LEDGER PASCAL GAUTHIER CEO revealed that a number of institutions contacted him in the wake of BYBIT, and is looking to solve “security weaknesses”. He also admitted that companies sought to reach liquidity from self -enthusiasm or organized guardian.

The CEO of the company maintained this The Professor’s book team was familiar with Anxious About security in the bybit. He argued that security was not fixed, however It is constantly evolving.

Gauthier warns of weaknesses in encryption companies

Security is not an option. It is a necessity.

– Ledger (@Ledger) March 18, 2025

Lidger Pascal Gotier’s CEO revealed that companies contacted him after Beetbum had penetrated last month, and is looking to solve “security weaknesses”. Gauthier explained that the institutions also continued while searching for the risks because Ledger could provide them with it.

Gotier noticed that the security weaknesses were Emerging At a rate of warning, the attackers quickly used them. He also highlighted his dissatisfaction with how organizations usually took months to implement repairs.

The President of Ledger has argued that any reliable partner in the encryption space will constantly search for any weaknesses in their products to give customers peace of mind. He said that the encryption industry as a whole needs to raise security standards.

Gauthier also warned institutional investors against using retail products. He urged them to start the right path with “the real body of equipment at the level of the institution, which contains a governance layer.”

Likewise, financial institutions must create tampering -resistant devices, such as safe elements chips or organizations at the level of institutions, and the institutions of any safety strategy, with a comprehensive encoding and signing protocols of clear transactions to prevent advanced attacks. “

-Babsal Gotier, Chairman and CEO of Ledger

He stressed that protecting investors should be the highest priority in the encryption industry to move forward. Gauthier believes that the encryption community should be patient to see if the industry can adapt to new security needs.

The company’s CEO argued that security was not the best conversation, but he showed a level of maturity in the industry that was not present in Das London last year. He believes that the industry has left the virtual stage more and entered the planning stage because the talks were developing to the extent of discussion of what was already applicable.

Guillemet calls for security progress in the encryption space

Zachxbt’s encryption expert in a telegram message yesterday highlighted that the time spent freeing money after a breastfeed was “open”. He also said that the industry “was incredibly cooked when it was related to exploitation/breakthroughs.” Zackxbt argued that he is not sure whether the industry would fix itself unless the government forcibly proposes the regulations that may harm the entire industry.

The chief technology official in Leedger, Charles Gilimit, mentioned in February after a breastfeeding woman that 2025 was “the worst year of cybercrime in history.”

Guillemet argued that the accident highlighted the need for the industry to exceed confidence -based security models as attackers become more advanced. He also admitted that the prominent development was the shift towards safety degree solutions Gather A clear signature with strong governance frameworks.

Guillemet believes that the attackers like the North Korean group Lazarus are linked to the BYBIT attack Development, The current security measures for the industry must develop. He urged that the encryption industry needs a proactive security infrastructure that would eliminate weaknesses such as the signature of the blind.

CTO Ledger also expressed concern that the BYBIT penetration was not the end of the company’s targeting of Lazarus. He said that bybit machines and networks had been at risk, and that the attackers were still working in an attempt to a side step to give up other parts of IT.

Ledger was also a victim of an electronic attack in 2023 after a former employee was reduced and the attackers were given access to the company’s package manager. The company said that the attackers stole nearly $ 600,000 from users, which is smaller than the $ 1.4 billion that he suffered by bybit. The hunting plan led to the convergence of removing the ability to sign the blind in June last year.

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