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Interview with Flipster's CISO: How the Exchange Protects Users

Interview with Flipster's CISO: How the Exchange Protects Users

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by Giorgi Kostiuk

2 days ago


In a rapidly changing crypto market, user security is a priority for exchanges. In an exclusive interview with Justin Hong, CISO of Flipster, the measures taken to protect user data and funds are discussed.

The Role of CISO at Flipster

In the interview, Justin Hong noted that his experience in cybersecurity spans 16 years, including roles in banking, fintech, and blockchain. He explained, 'In Web3, the level of threat is unique and requires constant adaptation of the approach to security.' The main objective of his team is to integrate international standards like ISO/IEC 27001 into the company's operations.

Certifications and Security Measures

Flipster has received an AA certification from CER.live and ISO/IEC 27001 certification, indicating high security standards. Hong noted that this year the company has implemented over 15 security updates such as passkey support and address whitelisting. He emphasized that transparency in risk management and the protection of user funds is a key element of trust in the platform.

User Education and Social Engineering

Hong highlighted the importance of user education in fraud prevention, viewing social engineering as one of the main threats. He stated, 'User education plays a significant role in fraud prevention.' Flipster actively develops tools to alert users to suspicious activities and fraudulent addresses.

In the face of increasing cyber threats, companies like Flipster are taking serious measures to protect users. Transparency and active user education, along with high security standards, are core principles of the platform's operation.

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