In Georgia’s burgeoning digital asset economy, data represents both your most valuable asset and your most significant liability. For Virtual Asset Service Providers (VASPs), crypto exchanges, and DeFi protocols, ensuring the security of user data and platform integrity is not merely a technical task—it is a fundamental legal and business imperative. A single data breach or cybersecurity failure can trigger catastrophic financial losses, severe regulatory penalties from the National Bank of Georgia (NBG), and a complete collapse of user trust. Our firm offers specialized legal counsel to construct a formidable cybersecurity legal framework and a resilient data privacy program, safeguarding your operations against both sophisticated external threats and stringent regulatory oversight.
Our approach is strategically built on two core pillars. The first is achieving and maintaining full compliance with essential data privacy legislation. We provide exhaustive guidance on Georgia’s Law on Personal Data Protection, a framework that aligns closely with EU standards and governs how customer information must be collected, processed, and stored. Furthermore, we address the extraterritorial scope of the EU's General Data Protection Regulation (GDPR), which frequently applies to Georgian crypto businesses serving European clients. Our services include comprehensive data privacy audits, drafting compliant privacy policies and user consent forms, advising on legal requirements for international data transfers, and representing your interests before the Personal Data Protection Service of Georgia.
The second pillar of our service is the proactive management of cybersecurity risks from a legal standpoint. We help you transcend basic security measures to build a legally defensible and resilient posture. This involves detailed legal advice on best practices for protecting private keys, safeguarding user funds, and implementing internal controls that meet the rigorous standards mandated for VASPs by the National Bank of Georgia. We conduct thorough legal risk assessments of your technical architecture to identify and mitigate potential vulnerabilities before they can be exploited. This proactive stance ensures your operational framework is not only secure but also fully compliant with national financial regulations.
The cornerstone of our legal strategy is the development and formalization of a comprehensive Cybersecurity Incident and Data Breach Response Plan. This critical legal document provides a clear, actionable roadmap to navigate a crisis. It details every step, from initial incident containment and forensic investigation to fulfilling your legal duties for notifying affected users and reporting to regulatory bodies like the NBG and the Personal Data Protection Service within the legally mandated timeframes. In the event of a security incident, possessing a pre-established, legally sound response plan is the definitive factor that separates a manageable crisis from a corporate catastrophe, protecting your license, reputation, and financial stability.
By integrating deep knowledge of Georgian and international law with a practical understanding of the blockchain industry, we provide the legal architecture necessary to ensure you are always prepared. We transform your cybersecurity and data privacy obligations from a burdensome liability into a cornerstone of trust that enhances your competitive advantage. For a comprehensive assessment of your legal readiness, contact our team to begin building a robust and compliant defense strategy tailored to the unique challenges of the digital asset landscape.