Another One Jumps Ship! Nike’s Dennings Joins Bitreserve

Bitreserve has taken another step further to strengthen its security. Security is one of the main concerns in the bitcoin and cryptocurrency industry. Bitcoin exchanges and wallets present a very attractive target for the hackers and cybercriminals. There have been instances where these Bitcoin establishments have come under attack and experienced huge losses. The well-known examples are Mt Gox, Bter, BitStamp and Bitfinex where all the losses put together amounts to hundreds of thousands of dollars. Learning from the example, all the companies are now focusing more on information security and spending a lot of money towards it.

In order to stay ahead of the curve and to ensure the security of the platform, Bitreserve has hired a new Chief Information Security Officer. The San Francisco and Shanghai based company, Bitreserve which offers Bitcoin based financial services has hired William Dennings as its Chief information Security Officer. Dennings is a valuable asset who comes with a lot of experience in the financial sector. Like his expertise in information security, he also comes with a lot of baggage.

Dennings, who made a shift from being the Security Chief at Read more ... source: LiveBitcoinNews