Ledger CEO highlights increased efforts by institutions to address “security vulnerabilities” post-Bybit hack

Security Concerns in Crypto: Ledger CEO Pascal Gauthier emphasized the urgent need for enhanced security measures in the crypto industry following the Bybit hack, highlighting that institutions are seeking solutions to emerging vulnerabilities and advocating for enterprise-grade self-custody systems.

Evolving Threat Landscape: Both Gauthier and Ledger's CTO Charles Guillemet warned that cyber threats are becoming increasingly sophisticated, urging the crypto sector to adopt proactive security infrastructures and move away from trust-based models to prevent future attacks.