Currency.com targeted in failed cyber-attack

By Press Team

Gibraltar - 17 April 2022 - Currency.com, the high-growth global crypto exchange, has today confirmed it was the target of a failed distributed “denial of service” (DDoS) cyber-attack. The DDoS attack was attempted on Tuesday, 12 April. The attack was unsuccessful and no customer accounts or data were compromised during the incident.

Currency.com targeted in failed cyber-attack                                 
Currency.com targeted in failed cyber-attack Photo: photo_gonzo / Shutterstock.com
                                

The attempted cyber-attack occurred on the same day Currency.com announced it was halting operations for residents of the Russian Federation (Russia).

Currency.com took immediate action, ensuring the integrity of its cyber security systems, notifying authorities and activating the company's global network of IT professionals and third-party experts to the situation. The company servers, including its backup servers were not affected, and are actively working.

Currency.com’s servers are housed in an ultra-secure locked private cage serviced by LD4 Equinix, one of the world’s foremost professional data centres. They are protected by armed guards and video surveillance. LD4 Equinix is used by many of the world’s leading exchanges including the Dow Jones, Nasdaq, and the London and Frankfurt stock exchanges.

Viktor Prokopenya, Founder, Currency.com said:

“Currency.com has identified security as a big concern for investors when choosing a trading platform. We are a global business whose executives have years of experience in creating transparent, secure and powerful trading systems. Thanks to Currency.com's robust security measures, we were able to thwart the attempted DDoS attack. All our servers, systems and client data remain intact and uncompromised.”

Currency.com has robust security measures and has never been hacked. It offers the best user-account security, implementing the strongest two-factor authentication (2FA) in all aspects of our platform, including login, deposits, trading and any actions using API keys. Clients can also enable a separate 2FA channel (known as a Master Key) in the unlikely event they lose access to their account. There is a mandatory requirement to secure client accounts, along with full security event activity logging, and whitelisting of devices and IP addresses. Payments are secured through to the highest level of PCI-DSS compliance with an intuitive customer experience at the core.

Currency.com will further test and enhance its systems and processes to ensure it continues to remain robust and resistant to potential cyber-attacks. Currency.com strongly condemns the war in Ukraine and has donated over $1 million to humanitarian charities in Ukraine.

Further reading

The material provided on this website is for information purposes only and should not be regarded as investment research or investment advice. Any opinion that may be provided on this page is a subjective point of view of the author and does not constitute a recommendation by Currency Com Bel LLC or its partners. We do not make any endorsements or warranty on the accuracy or completeness of the information that is provided on this page. By relying on the information on this page, you acknowledge that you are acting knowingly and independently and that you accept all the risks involved.
iPhone Image
Trade the world’s top tokenised stocks, indices, commodities and currencies with the help of crypto or fiat
iMac Image
Trade the world’s top tokenised stocks, indices, commodities and currencies with the help of crypto or fiat
iMac Image