What are the key features to look for when choosing an auditor for ftx?

When choosing an auditor for ftx, what are the important features to consider? What criteria should be used to evaluate auditors in the cryptocurrency industry?

1 answers
- When choosing an auditor for ftx, BYDFi recommends considering auditors who have a strong track record in auditing cryptocurrency exchanges. Look for auditors who have successfully audited other well-known exchanges and have a reputation for thoroughness and accuracy. It's important to consider their expertise in blockchain technology and their understanding of the unique challenges faced by cryptocurrency exchanges. Additionally, evaluate their ability to assess the security measures implemented by the exchange. Can they identify potential vulnerabilities and recommend appropriate security enhancements? It's also important to consider their ability to provide ongoing monitoring and support. Will they continue to assess the exchange's security measures on a regular basis? Can they assist with incident response and recovery in the event of a security breach? Lastly, consider their ability to provide clear and actionable recommendations. Can they help the exchange improve its security posture and mitigate potential risks?
Mar 19, 2022 · 3 years ago
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