In the light of various incidents with hacking of trading floors and other services, Kraken intends to take a series of measures aimed at improving the security of its product and the cryptocurrency ecosystem as a whole. This is reported by Kraken's new security director Nicholas Percoco, "more than two decades worked as a practice and consultant" in this industry.
As a primary measure to increase security, Kraken introduced mandatory two-factor authentication for the accounts of all its users. The option has been available since September 2013, but until recently it was activated voluntarily. For authentication on Kraken, you can choose between Google Authenticator and YubiKey.
Percoco also said that he had developed a roadmap to ensure the security of the exchange for 2019 and later. Currently, the company does not disclose information about its plans, but promises to inform users about new features as they are implemented.
Also, the Kraken Security Labs subdivision will be formed on the base of the exchange, whose task will be to “increase the security of the entire cryptocurrency ecosystem by checking the vulnerability of third-party products, such as hardware, software wallets, etc.” so as not to harm the safety of their users.