Bitcoin Forum

Security of our accounts is absolutely necessary. Been hearing a lot, that many exchanges are being hacked. They should formed or hired best Security Software Engineer to prevent such issues.

Online stuff is vulnerable to hacking. None is safe. But exchanges must put their security as top priority. Integrating AI security is one of the best solutions today.

I hope cybersecurity firms share more detailed info on the studies conducted. Anyways, bottom line is there's no exemption when it comes to security threats, even the most popular exchanges are facing the same issues on a daily basis. They should focus more on that. Safety is the number 1 reason why people stay in one exchange.  If they dont feel secure anymore for sure they will look for better options. So it is really the priority of any crypto exchange.

It's good to know there are already insurance services especially designed for crypto exchanges, to help them address hacking damages. Platform users will feel more secure.  ;)

Glad you mentioned about AI. It's the future of technology and really beneficial to man. IDCM Exchange using AI tech definitely gives them the advantage (compared to those not using AI)

Kraken is the safest? Huh? Don't you think those DEXs are safer, simply because even if a hacker got through the system, user funds are still maintained on the wallet?

Because if safety here is calculated by insurance premiums, then basically the ranking isn't on the most secure, but rather, on how much your funds are protected. If my coins are always in my wallet, I don't need insurance! Besides, how many insurances have been paid out anyway?