Proof is paramount to cybersecurity. At Kraken, proof of safety basically means “don’t belief however confirm.” This mindset ensures that the work related to rising and enhancing on our trade 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 acquired from SGS, an unbiased and trusted certification physique primarily based in Switzerland.
“Safety above every thing” 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 all the time be our primary goal. If we didn’t put money into the rigorous requirements we now have change into recognized for to maintain these secure, we’d by no means have the ability to execute on our mission.
With that in thoughts, let’s discover how Kraken maintains safety on your funds and your personal info.
Kraken’s method to safety
These are a number of key areas the place Kraken’s safety group focuses to make sure that you’re safe. We supply these greatest practices ahead whereas sustaining the privateness of your private info as properly.
Custody safety
Now we have all the time inspired our purchasers to self-custody their funds with the intention to hold their crypto secure. That stated, we continually obsess over probably the most superior methods to maintain funds secure once you select to maintain them on our trade. Entities that maintain a considerable amount of crypto are a first-rate goal for attackers, so we work laborious 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 underneath the 24/7 surveillance of armed guards, alarm programs, and video screens.
However asset safety is barely step one in sustaining your crypto.
Safety testing
Does your office make use of a group of individuals whose sole job is to hack you and your colleagues? We do.
At Kraken, we by no means relaxation with regards to menace evaluation. As a substitute, we’re continually searching for vulnerabilities in our infrastructure and purposes. 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 group to make sure that we continually keep one step forward of potential exploits.
Security measures
Now we have lengthy believed that each Kraken shopper ought to have the instruments they should hold their funds and knowledge safe. That’s the reason we provide a sturdy set of safety features that purchasers can use to guard themselves, their crypto, and their info from attackers.
Shoppers can safe their account utilizing a number of instruments together with:
- Sturdy system and session administration instruments
- FIDO2-based two-factor authentication
- A worldwide settings lock to make sure no modifications could 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 isn’t just about holding the crypto we maintain secure. The private figuring out info we preserve is simply as helpful. Attackers are simply as wanting to have your private information as they’re your personal keys.
At Kraken, we use the most recent requirements to encrypt all delicate account info at each the system and information degree. This implies your figuring out info is all the time hidden behind a robust layer of safety. After we encrypt your info, we observe 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 holding our shopper’s info secure as we ship on that mission. That’s the reason we now have constructed an inside tradition that verifies earlier than it trusts. We continually educate one another on the potential dangers we face which will jeopardize our purchasers’ monetary freedom. We problem one another to do the very best we are able to 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. That’s the reason we now have developed the Kraken Safety Labs to assist establish, publicize, and resolve points in third get together services. We consider we now have a accountability to not simply enhance our personal safety posture, however your complete crypto group’s.
How does our safety influence you?
Kraken’s safety impacts you by guaranteeing that you’re all the time 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 secure and we work laborious to make sure we’re all the time one step forward of attackers.
Want extra proof?
Head over to Kraken’s Safety web page to see how we assist defend you at each step of your crypto journey.