EU Cyber Rules Require Crypto Wallets to Report Exploits Within 24 Hours

The real weight here is in the timing, not the fines: a 24-hour early warning turns a wallet provider's internal incident response into a disclosure obligation with a regulatory clock attached. That compresses the window in which a firm can quietly investigate, patch, or negotiate with an attacker before the incident becomes public. The open question is how firms reconcile rapid reporting with the forensic uncertainty of an active exploit, and whether the disclosure requirement reshapes attacker incentives by making silence costly.