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    Home»Crypto Business»Toobit Completes Expanded Penetration Tests with Hacken
    August 25, 20260 Views

    Toobit Completes Expanded Penetration Tests with Hacken

    EditorBy EditorAugust 25, 20261 Comment3 Mins Read
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    Toobit Completes Expanded Penetration Tests with Hacken
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    PRESS RELEASE GlobeNewswire
    Aug. 25, 2026, 01:11 AM

    GEORGE TOWN, Cayman Islands, Aug. 25, 2026 (GLOBE NEWSWIRE) — Toobit, the award-winning global cryptocurrency exchange, has completed expanded penetration testing conducted by Web3 cybersecurity firm Hacken across its web and API infrastructure, iOS application, and Android application.

    Across the three assessments, Hacken recorded no Critical or High-severity findings. All seven Medium-severity findings identified during testing were fixed, strengthening protections across areas including application data handling and access controls.

    The 2026 assessments build on Toobit’s 2025 penetration testing, which focused on its mobile applications. By extending the scope to its web platform and API, Toobit expanded independent security testing across more of the exchange’s core systems.

    The assessments were conducted in alignment with established penetration testing standards and guidelines, including NIST SP 800-115, the Penetration Testing Execution Standard (PTES), and the OWASP Testing Guide. Hacken’s methodology draws on these frameworks to support structured vulnerability assessment and security testing across Web2 and Web3 environments.

    This initiative complements Toobit’s broader security and compliance framework, including ISO/IEC 27001:2022 certification, the global standard for information security management systems, and Bee-Safe, Toobit’s proprietary multi-layered security framework combining measures such as Proof of Reserves, encryption, and 24/7 threat monitoring.

    The full penetration testing reports are available through Hacken’s security assessment platform.

    The wider industry continues to face an active threat environment. A total of 207 crypto hacks were recorded during the first half of 2026, the highest number recorded in any six-month period, with approximately $972 million stolen. Infrastructure and operational compromises accounted for only around 15% of incidents but approximately 76% of total losses, highlighting the outsized impact of infrastructure-level security breaches.

    Toobit is where the future of crypto trading unfolds. The award-winning cryptocurrency derivatives exchange provides zero-fee spot trading, AI trading tools, and high leverage for both crypto and TradFi markets. Built for those who thrive exploring new frontiers, Toobit maintains a fair, secure, and transparent environment for traders to navigate digital asset markets.

    For more information about Toobit, visit: Website | X | Telegram | LinkedIn | Discord | Instagram

    Contact: Davin C.

    Disclaimer: This sponsored content is provided by the content provider and does not necessarily reflect the views of this media platform or its publisher. The information is shared for general informational purposes only and should not be considered financial, investment, or trading advice. Cryptocurrency and mining-related activities carry risks, including the potential loss of capital, and readers are encouraged to conduct their own research and seek professional advice where appropriate. Speculate only with funds that you can afford to lose.The media platform and publisher assume no responsibility for any losses or claims arising from reliance on this content. GlobeNewswire does not endorse any content on this page.

    Legal Disclaimer: This article is provided on an “as-is” basis, without warranties or representations of any kind, express or implied. The media platform assumes no responsibility or liability for the accuracy, content, completeness, legality, or reliability of the information presented. Any complaints, claims, or copyright concerns related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/430c0a11-0804-4be8-83d3-eac35bd57648

    Markets Insider and Business Insider Editorial Teams were not involved in the creation of this post.SHARE THIS POST

    Source: markets.businessinsider.com

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