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How does Coinbase ensure the security of its digital assets during an audit?

avatarReem HassanDec 27, 2021 · 3 years ago1 answers

What measures does Coinbase take to ensure the security of its digital assets during an audit?

How does Coinbase ensure the security of its digital assets during an audit?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    As a leading cryptocurrency exchange, Coinbase understands the importance of ensuring the security of its digital assets during an audit. They have implemented a multi-layered security approach to protect their assets from any potential threats. Coinbase utilizes advanced encryption techniques to secure their digital assets and employs strict access controls to prevent unauthorized access. They also conduct regular security audits and assessments to identify and address any vulnerabilities. During an audit, Coinbase works closely with auditors to provide them with the necessary access and information while maintaining the confidentiality of sensitive data. By prioritizing security and adopting best practices, Coinbase ensures the safety of its digital assets during an audit.