New Security Features in Lykke Wallet

New Security Features in Lykke Wallet

This weekend the Lykke Exchange experienced a security issue, where malicious users gained access to Lykke accounts through non-unique passwords. This issue is now resolved, and the attack has been neutralized. All clients’ losses recovered from Lykke reserve fund.

To improve security and avoid similar issues in future, we have introduced an additional validation for the withdrawal of funds by email and SMS. We have also introduced a new email validation for when the Lykke Wallet app is used on a new device.

To guard your account against unauthorized access, we strongly recommend that you use a unique password for your Lykke Wallet. You should not recycle old passwords or use active passwords from other services.

If you notice any suspicious activity on your account, please report it immediately to our support team at support@lykke.com.

Attack report

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