Videos

Published on November 5th, 2018 📆 | 3135 Views ⚑

0

ENCRYBIT – Security Assessment Practices to Develop Secured & Trader's Friendly CryptoExchange


https://www.ispeech.org


Do you know? 40% of the cryptocurrency crowd is insecure about the security of their funds on trading platforms.

Past incidents like the hack of Japanese exchange Zaif that result in loss of $60 million, loss of $31 million from Bithumb exchange due to hack, loss of $40 million from South Korean exchange Coinrail and many others are the cause of trader’s insecurity.

Attacking API and Web Service protocols are the simplest ways for hackers to get control of transactions and get in the system.

The future enriched cryptocurrency exchange, Encrybit is focusing more on the security aspects, therefore having multiple security advisors and information security experts in the team is a plus. With that Encrybit is getting security architecture services from the best in the industry.

Our security assessment practices include the secure and modularized coding methods, secured server infrastructure, application & server penetration testing, and ethical hacking practices to make sure the correct implementation of security standards.

General user security:
• Two Factor Authentication
• Wallet Address Whitelisting
• Withdrawal Authentication
• Device Authentication
• IP Whitelisting
• Multi-Signature Wallet
• Anti-Phishing Alert

Technical level security:
• Cross Site Scripting
• SQL Injection
• Remote OS Command Injection
• Buffer Overflow
• CRLF Injection
• Parameter Tempering
• Heart Bleed OpenSSL Vulnerability
• Cross-Domain Misconfiguration
• Advanced SQL Injection
• Generic Padding Oracle
• LDAP Injection
• Denial of Service (DDOS Attack)
• Relative Path Confusion





System level security:
• HWS certified cold and active storage for managing the fund
• Regular security auditing for system upgrade and stability.
• Test environment for applying security-related patches.
• Regular encrypted database and system image backup with full mirror functionality.
• API calls are wrapped with SSL encrypted and cryptographic sign to prevent any phishing attack.

The private Sale of ENCX tokens is now live. Contribute early to receive a bonus of up to 40%!!!

Encrybit Exchange prototype, financial forecast is available for private review with Encrybit CEO. Grab the opportunity to be a founding contributor to Modern cryptocurrency exchange.

Be a part of the revolution!

Website - https://encrybit.io/
Exchange Whitepaper - https://encrybit.io/pdf/encrybit-wp-v1.pdf
Telegram - https://t.me/encrybit

Reference:
1. https://cointelegraph.com/news/japanese-cryptocurrency-exchange-hacked-59-million-in-losses-reported
2. https://www.coindesk.com/bithumb-exchanges-31-million-hack-know-dont-know/
3. https://www.coindesk.com/coinrail-exchange-hacked-loses-possibly-40-million-in-cryptos/


2018-11-05 07:49:31

source

Tagged with:



Comments are closed.