Following the February 21, breach Bybit performed nine separate security checks in just one month. The companies used both in-house teams and external cybersecurity experts. Following the process, 50 new safety procedures were implemented to enhance security against future attacks.
The company also improved cold wallet protections by tightening operational procedures. A new policy requires security experts to closely supervise all wallet activities. Bybit has introduced to strengthen wallet security further. It also consolidated hardware security modules to ensure better protection at the physical hardware level.
In addition, has obtained ISO/IEC 27001 certification for risk management, relating to its compliance with international security guidelines. All internal and customer communications, as well as stored data, are encrypted to enhance privacy and safeguard sensitive information.
