How to Prevent a Cryptocurrency Exchange Hack with Kralanx
With exchanges dropping like flies due to hacks, the industry has become more privy to nature of cyber security. That being said, the security sphere is vast and if you’re part of an exchange, then it’s always worth asking “how can we prevent a cryptocurrency exchange hack”.
Brief List of Cryptocurrency Exchange Hacks
What Prevention Methods Should You Consider?
We cannot stress enough the dire importance of off-chain technology. Blockchain technology is technically extremely secure. What most people tend to forget is that blockchain is heavily reliant on tradition technology i.e off chain tech. Things like mobile applications, front ends, exchanges etc are all predominately built on traditional tech which is as naturally vulnerable to exploits.
24x7 Managed Detection & Response
Smart Contract Penetration Testing
Consulting & Audit
Security is all about strategy; making sure that you have the right controls in place to prevent a cryptocurrency exchange hack. Below a few examples of the consulting services which we provide that would prove beneficial in adjusting your organization’s overall cyber security posture.