ICO Rating’s Exchange Security Report v2.0 is now out, providing an updated list of cryptocurrency exchanges ranked by security. The updated report includes additional security checks not known to them on initial release. Exchanges are scored based on:
- User Security
- Domain & Registrar Security
- Web Security
- DoS Protection
Top on the list is Kraken although other popular exchanges scored poorly in various areas.
Of concern, the worst performers were lacking in all four of the security categories.
Similar to the first report, this one highlights a general lack of security across the field:
Only 16% of exchanges fall into the A category. None of the exchanges have received an A+ rating.Exchange Security Report v2.0
One hopes that through regular monitoring and public reporting, under-performing exchanges improve their security measures.