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Norwegian justice minister and Swedish experts concerned after Binance hack

Original title (Norwegian): Norsk justisminister og svenske tech-eksperter bekymret

Norway's Minister of Justice and Public Security, Astri Aas-Hansen, told Aftenposten and NTB that the Binance theft shows that cybersecurity can in the most serious cases be a matter of public security, and pointed to the government's proposal to strengthen the Norwegian National Security Authority (NSM). Niklas Arvidsson, a professor at KTH Royal Institute of Technology, told SvD that crypto exchanges lack the safeguards of the banking system, such as deposit guarantees and financial supervision. Journalists at TV4 and Dagens Industri said the incident damages trust in the system as a whole.

Read at Kaupr

Primary source: Aftenposten

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