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Cryptocurrency Exchange Kraken introduced two new initiatives to improve customer security.
Kraken's newly appointed security chief, Nicholas Percoco, announced in a blog on Tuesday that the stock exchange has launched a two-factor forced authentication (2FA) and a dedicated security lab.
Since its launch in September 2013, Kraken has offered 2FA functionality to its customers, but customers will now need to enable this feature when they log in again, said Percoco, adding that the options for 2FA are currently Google Authenticator and YubiKey.
In addition, the exchange allowed Kraken Security Labs to enhance the security of the "whole ecosystem of cryptocurrency" by conducting a "vulnerability" search against third-party products, such as portfolios. hardware and software.
Percoco said his vision of Kraken was to "develop the strong, industry-leading security foundation" and use advanced security products such as threat intelligence, behavioral badysis, conflicting deception techniques and integrate them into current and future stock market products.
The agent added that Kraken would continue to offer other security enhancement features to customers in the near future. The stock market's product management team will "make continuous improvements to 2020 and beyond" through its security features roadmap.
"Even if this roadmap is not made public, you will hear about security enhancements and upgrades as they are released and made available," said Percoco. "Like most features similar to 2FA, you will have to allow them to take advantage of extra security, so be sure to take the steps that you need."
Picture of Nicholas Percoco via Kraken
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