Zoomex, a cryptocurrency exchange, has taken significant steps to enhance its security framework after a comprehensive audit by cybersecurity firm Hacken identified several vulnerabilities. The audit, focusing on web application and API endpoints, uncovered seven vulnerabilities, including a critical 'Unauthorized Fund Transfer' issue, which has since been resolved. This proactive response highlights Zoomex's commitment to safeguarding user assets and maintaining platform integrity.
The audit, titled 'Pentest and Security Analysis Report for Zoomex,' was conducted by Faizan Nehal and approved by Stephen Ajayi from Hacken. Among the findings were an 'Improper KYC Verification' weakness and medium-risk vulnerabilities like an 'Access Control Issue' and potential 2FA bypasses. These findings not only prompted immediate fixes but also led Zoomex to plan enhanced monitoring and user education initiatives.
Zoomex's transparency in sharing the audit results publicly sets a benchmark for accountability in the cryptocurrency exchange market. This move is particularly significant as digital asset trading gains popularity, making the security of exchange platforms a top priority. The audit serves as a reminder of the critical need for regular security assessments and swift vulnerability remediation across the industry.
For more details on the security audit, visit https://www.zoomex.com. Zoomex's ongoing commitment to security, including plans for periodic audits with Hacken, reflects the company's dedication to maintaining high standards in an industry where trust and reliability are paramount.
