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Significance
Many regions -- including the three largest digital markets of the United States, the EU and China -- have regulatory frameworks governing cybersecurity and breach mitigation efforts. However, few of these regulations include provisions to evaluate and assess the effectiveness of the measures.
Impacts
The US government will work with internal companies and foreign governments to prioritise supply chain cybersecurity.
Cryptocurrency platforms are becoming top cybercrime targets but are still lightly regulated.
As financial flows increasingly bypass the traditional banking system, the diversified finance sector will become a top crime target.
Keywords:
International,
INT,
China,
Europe,
United States,
economy,
industry,
private sector,
technology,
IT software & services
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2022
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