Only 3 of 24 leading cryptocurrency exchanges earn an A for their cybersecurity 

Business Digital Index has released a research report in which our team analyzed the external cybersecurity posture of 24 leading cryptocurrency exchanges.

Some of the key findings include:

  • Only 3 of the 24 analyzed cryptocurrency exchanges earned an A grade for cybersecurity.
     
  • The top-rated exchanges — Biconomy, Toobit, and Deepcoin — exhibited almost no externally visible security weaknesses and (almost) no evidence of corporate credentials circulating on the dark web.
  •  Password reuse remains widespread, as 63% of exchanges were found to have employees who have reused their passwords across multiple services in the past.
  •  Coinbase ranked second-to-last in the analysis, with 24 unpatched vulnerabilities identified in its externally-facing systems, alongside thousands of exposed corporate credentials and numerous SSL/TLS configuration issues.
  •  LBank was flagged for particularly poor security, with 11 critical vulnerabilities left unpatched.

The full report, which includes cybersecurity scores for each analyzed cryptocurrency exchange and more, is available here:

https://businessdigitalindex.com/research/only-3-of-24-leading-cryptocurrency-exchanges-earn-an-a-for-their-cybersecurity/ 

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