Never bothered to read the privacy policy when signing up for a cryptocurrency exchange? Maybe you should.
There is no universal standard for disclosing data security measures among crypto services: Some of them just say they take technological and organizational measures to ensure your information is safe, while others mention specific tech solutions, rules of access to their data centers and other steps.
"If the company doesn’t outline how they protect user data, it is a red flag,” said Lili Rhodes, senior mining analyst at All financially sensitive and/or credit information is transmitted via SSL technology and encrypted in our database. Only authorised Bitstamp personnel are permitted access to your Personal Data, and these personnel are required to treat the information as highly confidential.""We have put in place appropriate security measures to prevent your personal data from being accidentally lost, used or accessed in an unauthorized way, altered or disclosed.
Electronic measures: Computer data containing Your personal information will be stored in computer systems and storage media that are subject to strict log-in restriction. Security Measures: In order to ensure Your information security, we are committed to using various currently available general security technologies and supporting management systems to minimize the risks that Your information may be disclosed, damaged, misused, accessed without authorization, disclosed without authorization or altered. For example, the Secure Socket Layer software is used for encrypted transmission, encrypted information storage and strict restriction of data center access.
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