YouHodler Responds to vpnMentor's Security Research
On July 23, 2019, YouHodler was alerted by vpnMentor and researchers Noam Rotem and Ran Locar about an event where our system log servers were open to the public for a limited time. Fortunately, these logs did not contain any sensitive information and no one was affected.
As a digital business, YouHodler understands user data is potentially at risk of being compromised from outside the platform. We are sure that all security settings are checked and renewed and there’re no vulnerabilities in our systems.
In addition, YouHodler’s engineers will work together with our cyber security partners to check the security settings of our systems and prevent any potential leakage in future.
YouHodler would also like to take this opportunity to mention we are an approved member of the Blockchain Association. Therefore, our client’s funds are insured by our agreement with this independent third-party provider. Part of the larger, Financial Commission, the Blockchain Association is an independent, self-regulatory group that specializes in external dispute resolution (EDR). Therefore, if a client finds an issue with our platform, he and or she can send a complaint to the Blockchain Association, in which YouHodler is then legally bound to resolve the said complaint.