Suspension of services mitigation factors - OKX Middle East Fintech FZE

Opublikowano 17 wrz 2024

OKX has mitigation measures in place to reduce the risk of disruption to OKX Platform services. These mitigating factors include, but are not limited to:

  1. OKX Dubai data backup and restoration protocols guard against lost operational, customer, or critical code data in the event of a security incident.

  2. When trading spikes on the OKX Dubai platform, there must be reserve capacity and scaling potential to handle added traffic and demands for aggressive performance.

  3. OKX Dubai constantly monitors for hard forks’ events and other related blockchain protocol changes that may impact the operability of our trading platform, technology infrastructure or the availability of customer assets.

  4. OKX Dubai has developed formal system acquisition and development standards to develop new software, or update existing code. These standards are in place to ensure proper procedures for maintaining proper information security when developing key systems and applications.

  5. In the unlikely event of a service disruption, OKX Dubai securely maintains systems that can reconstruct material financial transactions in a manner that can sufficiently support the company’s normal operations and obligations.