WazirX Responds to $230 Million Cyber Attack: Key Actions and Future Plans
Friday, 19 July 2024, 13:03
WazirX Takes Action Post Hack
In response to the alarming $230 million cyber attack, WazirX has filed a police complaint and is collaborating with India's Cyber Crimes Unit.
Immediate Response and Plans
- Tracing Stolen Funds: WazirX aims to track the stolen assets.
- Recovering Customer Assets: They prioritize the safety of their users' investments.
- Conducting Deeper Analysis: The exchange is analyzing the attack to devise better security measures.
Collaboration with Other Exchanges
WazirX has mentioned that they are in discussions with many exchanges to enhance their defense mechanisms against future threats.
In conclusion, WazirX is taking significant steps to address the consequences of this cyber attack and ensure the safety and trust of its customers.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.