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KYC data is an irresistible honeypot for hackers, and we must change how it is collected

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KYC data is an irresistible honeypot for hackers, and we must change how it is collected

Privacy-preserving identity verification systems could allow individuals to prove only what a service needs to know while keeping the underlying information under their control, writes Coin Center’s Laz Pieper.

KYC data is an irresistible honeypot for hackers, and we must change how it is collected

Source：CoinDesk

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Source：https://www.coindesk.com/opinion/2026/09/09/kyc-data-is-an-irresistible-honeypot-for-hackers-and-we-must-change-how-it-is-collected