How can I prevent hacking and security breaches on my exchange?

submitted 6 months ago by IsabelGrey to business

On Crypto Exchange Development, preventing hacking and security lapses is crucial. Using a multi-layered security technique will strengthen your platform. Putting in place robust access controls, like two-factor authentication, and putting most user money in cold, offline storage are two examples of how to do this. DDoS defense and firewalls protect against outside threats, while regular security audits and penetration tests can assist in finding holes.

Some essential measures to help enhance the security

Multi-Signature Wallets

Hot Wallet Management

Firewalls and Intrusion Detection Systems

Whitelisting and IP Blocking

Continuous Monitoring

Bug Bounty Program

Network Segmentation

To know more >>> Crypto Exchange Development Company