Avoiding Seven Deadly Sins at Crypto Exchanges by Using Digital Trust
In the ever-changing crypto exchange landscape, trust is paramount for financial empowerment. Recent events underscore the significance of trust and security. Crypto exchanges must demonstrate their reliability, security measures, and asset protection to establish digital trust. This is pivotal for success, fostering user loyalty, upholding reputation, ensuring compliance, and fortifying against potential threats. ISACA's digital trust approach provides a comprehensive GRC solution to aid in effective risk management within this sector. Drawing from my experience as Director of Enterprise Risk Management at a prominent Turkish crypto exchange, I will discuss this subject deeply.
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Gain insight into the impact of the seven deadly sins on business continuity within a crypto exchange, along with an exploration of the root causes of these sins stemming from the dynamics of the crypto market.
Understand the critical importance of establishing and sustaining digital trust within organizations, ensuring that customers, employees, citizens, and investors place their trust in the business and all associated products offered by crypto exchanges.
Learn about the practical implementation of technology, people, and processes required to cultivate digital trust within a crypto exchange, drawing from real-life experiences.
Grasp the competitive advantages that can be derived from cultivating digital trust in the highly competitive landscape of the crypto sector.