Recently, Bybit confirmed the security of its infrastructure following an incident with Safe{Wallet}. This was validated by independent audit results from Verichains and Sygnia Labs.
Third-Party Bybit Security Audit
Blockchain security firms Verichains and Sygnia Labs performed a comprehensive third-party audit of Bybit's security system. They confirmed that there were no signs of security compromise within Bybit's infrastructure. The Safe{Wallet} breach resulted from developer credentials being compromised, affirming that Bybit was unaffected.
Bybit's Actions Post-Incident
Bybit promptly moved the majority of funds from Safe Wallet addresses upon incident notification. The company continues to bolster its security protocols by exploring other wallet management solutions and maintaining partnerships with top security providers to counteract modern threats.
CEO Ben Zhou's Security Position
In an interview, Ben Zhou, Co-founder and CEO of Bybit, confirmed the company's unwavering dedication to high security standards and transparency. He emphasized the importance of enhancing security measures to safeguard user assets against evolving threats.
Bybit exemplifies resilience and dedication to security, ensuring protection of user assets at the highest level. The company continues to advance its security standards.
