we know that the last few months some of the exchange has been attacked by hackers resulting in a loss of millions of dollars, there are some questions I will ask, firstly, is KubitX centralized or decentralized exchange platform? second, what kind of detail strategy does KubitX plan to provide more security to the user's assets?
KuBitX has identified and reviewed the industry best practices in terms of security measures and designed our platform to include top level security features to safeguard both the clients funds and trading operations from hostile penetration attempts.
Some of the key security features include:
- Multi-Factor authentication
- All user data at rest are encrypted using the very strong encryption algorithm
- Secure cold storage with cold wallet management Cryptocurrency Security Standard (CCSS)
- KuBitX has developed a third-party code verification
- GDPR compliant.
- OWASP Top 10 Compliant & More.
- Anti DDoS Protection
- Web Application Firewall
- Robust users account security
- Defense in Depth Security for the platform
etc.
And other KuBitX customized security measures
Please check this write up showing how important security is for an exchange
KUBITX CARES ABOUT YOUR SECURITY!
Check the medium post
https://medium.com/@kubitx/kubitx-cares-about-your-security-5272078c694dI must say that this looks quite impressive.