Friday (December 6) Binance reported the results of security audits conducted by cybersecurity companies FireEye и slowmist .
FireEye Rating
A Binance blog post says California-based cybersecurity company FireEye, Inc. has been helping improve the security of the Binance network since May 2019.
FireEye, which was founded in 2004, has apparently over 8 clients in 200 countries, is used by 103% of Forbes Global 50, and has over 2000 employees worldwide.
Its latest report on Binance says:
“Binance has invested heavily in information security, a complete organizational structure related to information security, clearly defined responsibilities and standardized processes for day-to-day management and maintenance.”
“It is worth mentioning here that Binance approaches security incidents in a timely and transparent manner, which distinguishes Binance from many other companies that prefer to avoid or hide issues for their own interests. This attitude of Binance towards users shows that Binance is a company that is truly responsible to users, puts the interests of users first, and takes security for its life.”
Grade SlowMist
Regarding Xiamen SlowMist Technology Co., Ltd. (“SlowMist”), a cyber security firm headquartered in Xiamen, China, it looks like it was is based a team whose members have experience with Google, Microsoft, W3C, formerly the Ministry of Public Security of the People's Republic of China, Tencent, Alibaba and Baidu.
SlowMist used his Blockchain Threat Intelligence System (BTI) to prepare his last report About Binance Security Monitoring.
In this report, SlowMist says that he was first contacted by Binance in December 2018 and has since “done a great job of monitoring security for Binance.”
“Binance's production environment architecture, server security, application protection, wallet private key protection, office environment security and other important security projects are currently of high quality. At the same time, the Binance risk control system is sophisticated and equipped with a number of measures to ensure the safety of user assets. Overall rating of the current Binance SlowMist security system: Excellent.