What security measures does Fokawa have in place?
Fokawa has implemented a range of security measures to protect user accounts and assets. These measures include:
Two-Factor Authentication (2FA): Fokawa requires users to enable 2FA to add an extra layer of security to their accounts. This involves using an authenticator app or receiving SMS codes for account access.
Encryption: All sensitive data, including personal information and transaction details, is encrypted to ensure privacy and security during transmission and storage.
Cold Storage: A significant portion of user funds is stored in offline cold wallets, which are not connected to the internet, thereby reducing the risk of hacking.
Secure Socket Layer (SSL): Fokawa uses SSL to encrypt data transmitted between users and the platform, preventing unauthorized access.
Anti-Phishing Measures: Users can set up anti-phishing codes to help identify genuine emails from Fokawa, reducing the risk of phishing attacks.
Regular Security Audits: Fokawa conducts regular security audits and assessments to identify and fix vulnerabilities in their system.
Withdrawal Whitelisting: Users can whitelist specific withdrawal addresses, ensuring that withdrawals can only be made to trusted addresses.
IP Whitelisting: Users can restrict account access to specific IP addresses, providing an additional layer of security.
Real-Time Monitoring: Fokawa employs real-time monitoring and anomaly detection systems to identify and respond to suspicious activities promptly.
User Education: Fokawa provides resources and guidance to help users recognize and avoid common security threats, such as phishing and social engineering attacks.
These measures collectively help ensure the safety and security of user accounts and assets on the Fokawa platform.
Two-Factor Authentication (2FA): Fokawa requires users to enable 2FA to add an extra layer of security to their accounts. This involves using an authenticator app or receiving SMS codes for account access.
Encryption: All sensitive data, including personal information and transaction details, is encrypted to ensure privacy and security during transmission and storage.
Cold Storage: A significant portion of user funds is stored in offline cold wallets, which are not connected to the internet, thereby reducing the risk of hacking.
Secure Socket Layer (SSL): Fokawa uses SSL to encrypt data transmitted between users and the platform, preventing unauthorized access.
Anti-Phishing Measures: Users can set up anti-phishing codes to help identify genuine emails from Fokawa, reducing the risk of phishing attacks.
Regular Security Audits: Fokawa conducts regular security audits and assessments to identify and fix vulnerabilities in their system.
Withdrawal Whitelisting: Users can whitelist specific withdrawal addresses, ensuring that withdrawals can only be made to trusted addresses.
IP Whitelisting: Users can restrict account access to specific IP addresses, providing an additional layer of security.
Real-Time Monitoring: Fokawa employs real-time monitoring and anomaly detection systems to identify and respond to suspicious activities promptly.
User Education: Fokawa provides resources and guidance to help users recognize and avoid common security threats, such as phishing and social engineering attacks.
These measures collectively help ensure the safety and security of user accounts and assets on the Fokawa platform.
Updated on: 19/06/2024
Thank you!