EU cyber rules put crypto wallet makers on 24-hour reporting clock

cointelegraphОпубліковано о 2026-09-14Востаннє оновлено о 2026-09-14

Анотація

The EU's Cyber Resilience Act (CRA) has taken effect, requiring cryptocurrency hardware and software wallet providers to report actively exploited bugs or severe security vulnerabilities within 24 hours of becoming aware of them. Manufacturers must also submit a full notification within 72 hours and a final report within 14 days after fixes are available. These requirements apply to all products with digital elements sold in the EU, aiming to better protect consumers and businesses. Non-compliance can result in administrative fines of up to €15 million or 2.5% of global annual turnover. The regulation follows recent security incidents involving major wallet providers like Trezor and BitBox.

The EU is telling cryptocurrency hardware and software wallet providers that they have 24 hours from awareness to report actively exploited bugs or severe security vulnerabilities affecting their products.

The measure is part of the EU’s Cyber Resilience Act (CRA), which took effect on Friday, according to an announcement from the European Commission.

Manufacturers must submit an early warning for severe vulnerabilities within 24 hours, followed by a full notification within 72 hours. A final report will be required 14 days after corrective or mitigating measures are available and within one month for severe incidents.

The EC said the new reporting requirements aim to better protect consumers and businesses from cyber threats. The measure extends to all products “with digital elements made available in the EU” and builds on the EU’s broader cybersecurity strategy.

Cointelegraph has approached the European Commission for more details surrounding the cybersecurity measures.

Related: German finance ministry proposes 25% crypto tax starting 2028: Report

Fines could reach $17 million

Companies that fail to adhere to the cybersecurity measures under Articles 13 and 14 may face an administrative fine of up to 15 million euros ($17.3 million) or 2.5% of worldwide annual turnover, depending on which figure is higher, according to the penalties section of the final draft.

Supplying incorrect, incomplete or misleading information will also subject companies to an administrative fine of up to 5 million euros.

Excerpt from Final Text, European Cyber Resilience Act. Source: European-Cyber-Resilience-Act.com

The measure was revealed weeks after two popular hardware wallet providers disclosed user data breaches that could lead to phishing or social engineering attempts.

On Sept. 4, hardware wallet provider Trezor revealed that an additional 67,000 US customers were at risk from the data breach suffered by its shipping provider, ShipMonk, exceeding the initially estimated 14,000 users.

On Wednesday, Trezor and BitBox warned users about phishing emails disguised as urgent security notices after suspected compromises involving third-party email services.

In June, Layer-1 blockchain network Zilliqa warned that a vulnerability in the Zilliqa Ledger app could allow attackers to recover users’ private keys using publicly available onchain data.

Cointelegraph has approached wallet makers Trezor and Ledger for comment on how wallet providers would comply with the new reporting requirements.

Magazine: How Hong Kong is turning tokenized bonds into real market infrastructure

Пов'язані питання

QWhat is the specific time frame that the EU's new cyber rules require crypto wallet makers to report severe vulnerabilities?

AThe EU's new Cyber Resilience Act requires cryptocurrency hardware and software wallet providers to report actively exploited bugs or severe security vulnerabilities within 24 hours of becoming aware of them.

QWhich EU legislation imposes these new cybersecurity reporting requirements for products with digital elements?

AThe new reporting requirements are part of the European Union's Cyber Resilience Act (CRA).

QWhat are the potential penalties for companies failing to adhere to the cybersecurity measures under the new act?

ACompanies may face an administrative fine of up to 15 million euros ($17.3 million) or 2.5% of their worldwide annual turnover, whichever is higher, for failing to adhere to the measures under Articles 13 and 14.

QBesides the initial 24-hour warning, what are the other reporting deadlines mandated by the EU's new rules?

AAfter the initial 24-hour early warning for severe vulnerabilities, manufacturers must submit a full notification within 72 hours. A final report is required 14 days after corrective measures are available, or within one month for severe incidents.

QWhat recent security incidents involving crypto wallet providers are mentioned in the article?

AThe article mentions a data breach for Trezor customers involving its shipping provider, ShipMonk, affecting up to 67,000 US users. It also notes that Trezor and BitBox warned users about phishing emails, and Zilliqa disclosed a vulnerability in its Zilliqa Ledger app that could allow private key recovery.

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