Hacken Brings Security to OTC Digital Assets Trading

Hacken Brings Security to OTC Digital Assets Trading

Hacken’s penetration test is a significant milestone in safeguarding the digital ecosystem.

FinchTrade, a cryptocurrency liquidity provision, announced the completion of a comprehensive penetration test by Hacken on its Web and API systems. Conducted from November 28th, 2023, to January 17th, 2024, the test underscores FinchTrade’s digital platform’s low-risk status.

Yuri Berg, a Board Member at FinchTrade, stated, “Hacken’s penetration test is a significant milestone for us. It not only confirms our robust security posture but also guides our ongoing commitment to safeguarding our digital ecosystem.”

Dyma Budorin, Co-Founder & CEO at Hacken, said, “Our collaboration with FinchTrade is a testament to Hacken’s commitment to enhancing digital asset trading security. By conducting rigorous penetration tests, we help platforms like FinchTrade identify and mitigate potential risks, ensuring a secure and trustworthy environment for their clients.”

This successful assessment positions FinchTrade as a secure and reliable partner in the digital asset market, emphasising its commitment to maintaining a trustworthy trading environment.

The Hacken.io team, employing top-tier cybersecurity methodologies including PTES and OWASP, meticulously assessed FinchTrade’s systems. The process involved gray box security assessment and detailed risk analysis, aligning with the highest standards in cybersecurity practices.

While the test inherently had its limitations, it’s important to note that FinchTrade’s IT team has effectively addressed and resolved the specific vulnerabilities identified, thus, getting the overall risk level at LOW.