Proof is paramount to cybersecurity. At Kraken, proof of safety primarily means “don’t belief however confirm.” This mindset ensures that the work related to rising and enhancing on our alternate can proceed unhindered whereas defending you 24/7.
Kraken invests closely in our cybersecurity program to safeguard your funds, NFTs, and privateness. Don’t simply belief us. Confirm us by trying out the ISO27001 certification we obtained from SGS, an unbiased and trusted certification physique based mostly in Switzerland.
“Safety above all the pieces” isn’t only a tagline — it’s a elementary a part of our mission to empower folks with new methods to attach and transact. The safeguarding of your funds, NFTs, and privateness will at all times be our primary goal. If we didn’t put money into the rigorous requirements we now have turn out to be recognized for to maintain these protected, we’d by no means be capable of execute on our mission.
With that in thoughts, let’s discover how Kraken maintains safety to your funds and your non-public info.
Kraken’s method to safety
These are a number of key areas the place Kraken’s safety workforce focuses to make sure that you’re safe. We stock these finest practices ahead whereas sustaining the privateness of your private info as effectively.
Custody safety
We now have at all times inspired our purchasers to self-custody their funds with a purpose to maintain their crypto protected. That mentioned, we continually obsess over essentially the most superior methods to maintain funds protected whenever you select to maintain them on our alternate. Entities that maintain a considerable amount of crypto are a main goal for attackers, so we work onerous to constantly keep one step forward of their scams, exploits, and assaults.
We primarily use superior chilly storage and scorching pockets options to safe your funds. On high of requiring a number of events from a number of groups to carry out cryptographic approvals to maneuver funds, our crypto infrastructure resides in safe cages beneath the 24/7 surveillance of armed guards, alarm techniques, and video screens.
However asset safety is simply step one in sustaining your crypto.
Safety testing
Does your office make use of a workforce of individuals whose sole activity is to hack you and your colleagues? We do.
At Kraken, we by no means relaxation in relation to menace evaluation. As a substitute, we’re continually on the lookout for vulnerabilities in our infrastructure and functions. This lets us spot them earlier than an attacker has an opportunity to make use of them.
However we don’t cease there. We provide a bug bounty program to leverage the safety experience of the broader safety analysis neighborhood to make sure that we continually keep one step forward of potential exploits.
Security measures
We now have lengthy believed that each Kraken consumer ought to have the instruments they should maintain their funds and knowledge safe. That’s the reason we provide a sturdy set of security measures that purchasers can use to guard themselves, their crypto, and their info from attackers.
Purchasers can safe their account utilizing a number of instruments together with:
- Sturdy machine and session administration instruments
- FIDO2-based two-factor authentication
- A world settings lock to make sure no modifications might be made to their account, together with their crypto withdrawal addresses
We additionally make use of safety controls like AI-based evaluation of exercise to raised detect compromised accounts.
Info safety
Safety is not only about retaining the crypto we maintain protected. The private figuring out info we preserve is simply as invaluable. Attackers are simply as wanting to have your private information as they’re your non-public keys.
At Kraken, we use the newest requirements to encrypt all delicate account info at each the system and information degree. This implies your figuring out info is at all times hidden behind a strong layer of safety. After we encrypt your info, we comply with a sturdy set of safety procedures and controls that earned us a ISO 27001 certification.
Productively paranoid mindset
As an organization on a mission to empower folks with new methods to attach and transact, each Krakenite has a hand in retaining our consumer’s info protected as we ship on that mission. That’s the reason we now have constructed an inner tradition that verifies earlier than it trusts. We continually educate one another on the potential dangers we face that will jeopardize our purchasers’ monetary freedom. We problem one another to do the very best we will to keep up the best requirements for our purchasers and one another.
Our mission extends past Kraken and into the broader crypto ecosystem of various services and products. That’s the reason we now have developed the Kraken Security Labs to assist determine, publicize, and resolve points in third celebration services and products. We consider we now have a accountability to not simply enhance our personal safety posture, however your entire crypto neighborhood’s.
How does our safety impression you?
Kraken’s safety impacts you by guaranteeing that you’re at all times in a position to entry what’s rightfully yours — your funds, your tokens, your NFTs, and your private info. You belief us to maintain these protected and we work onerous to make sure we’re at all times one step forward of attackers.
Want extra proof?
Head over to Kraken’s Security page to see how we assist shield you at each step of your crypto journey.
