By Richard Malish ( November 5, 2018, 12:35 PM EST) -- We expect banks to store our money in well-lit vaults secured by alarms and to use reasonable personal data protections, and for our deposits to be insured. And while there are about 4,000 attempted bank heists each year in the U.S. alone, these bank security procedures mandated by law have limited the damage from individual heists. Compare that to the numerous multimillion-dollar hacks in the last few years perpetrated on virtual asset exchanges, which were not required to implement basic cybersecurity protections. There have been serious policy debates on exactly how to and who should regulate virtual assets, but security considerations are often ignored. With more and more retail consumers relying on cryptocurrency investments, legislators and regulators should be spending more time contemplating cybersecurity regulation for virtual asset exchanges....