Hackers stole over $1.8 billion in 2018 from crypto exchanges. So, if you’re still trusting one with your private keys, you really ought to know better. But if you’re too busy or too lazy to set up a hardware wallet for your funds, at least you should know where exchanges rank when it comes to cybersecurity. According to a report by CER and Hacken, not very well.
CER and Hacken evaluated the state of the cybersecurity in the top 100 crypto exchanges by volume on CoinMarketCap as of January 1. What they found was a little disturbing.