Our crypto platform is secure, Luno insists
Country manager Marius Reitz says the platform has never been compromised or hacked
Cryptocurrency platform Luno, which is backed by Naspers and Rand Merchant Investment Holdings, insists that its platform is secure after some users claimed to have been robbed of their digital coins. While there had been a proliferation of phishing attacks aimed at Luno’s users, the platform itself "has never been compromised or hacked", Marius Reitz, the exchange’s country manager for SA, told Business Day on Monday. The company considered security its "number one priority" and was continually investing in that area, he said. Phishing refers to the use of fake websites, text messages or e-mails to trick people into sharing their passwords and giving criminals access to their accounts. One recent fraudulent e-mail asked Luno users to update their details to avoid having their accounts deactivated. But a Johannesburg-based fund manager who spoke on condition of anonymity said he had looked into several instances of Luno clients losing their bitcoin holdings, and in some cases it app...