Hacken brings security to OTC digital assets trading and confirms FinchTrade's low-risk status

Key Highlights Key Highlights 1.Robust Availability : FinchTrade's use of containers and microservices enhances system resilience and scalability. 2.Strong User Security : The platform's Multi-Factor Authentication (MFA) significantly boosts the protection of user accounts. 3.Effective Transaction Validation : The robust process for transaction validation ensures integrity and security. 4.Comprehensive Verification Process : Utilization of shared documents for validation...

Key Highlights

1. Robust Availability: FinchTrade's use of containers and microservices enhances system resilience and scalability.

2. Strong User Security: The platform's Multi-Factor Authentication (MFA) significantly boosts the protection of user accounts.

3. Effective Transaction Validation: The robust process for transaction validation ensures integrity and security.

4. Comprehensive Verification Process: Utilization of shared documents for validation highlights a thorough approach to verification.

While the test inherently had its limitations, it's important to note that FinchTrade's IT team has effectively addressed and resolved the specific vulnerabilities identified, thus, getting the overall risk level at LOW.

Yuri Berg, a Board Member at FinchTrade, stated, "Hacken's penetration test is a significant milestone for us. It not only confirms our robust security posture but also guides our ongoing commitment to safeguarding our digital ecosystem."

Dyma Budorin, Co-Founder & CEO at Hacken, comments, "Our collaboration with FinchTrade is a testament to Hacken's commitment to enhancing digital asset trading security. By conducting rigorous penetration tests, we help platforms like FinchTrade identify and mitigate potential risks, ensuring a secure and trustworthy environment for their clients."

This successful assessment positions FinchTrade as a secure and reliable partner in the digital asset market, emphasising its commitment to maintaining a trustworthy trading environment.

For more details about FinchTrade's security initiatives, please visit Hacken website. 

About FinchTrade

Based in Zug, FinchTrade is at the forefront of providing liquidity and trading solutions in the digital asset sector and is committed to offering secure and innovative services globally.

About Hacken

Hacken is a leading cybersecurity consulting firm specializing in blockchain security, known for its comprehensive approach to protecting digital assets.

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