What if the Salto X platform gets hacked?
Salto X platform gathers minimum necessary information about each participant and the company to provide its services. Accordingly, the Salto X platform does not hold personal data that could materially affect the participants' well-being or the company.
Salto X platform may be hacked by someone who sends a phishing attack, acting in the name of Salto X, to steal private keys and gain access to the participant's or company's wallet, which may result in loss of tokens issued. In such cases, tokens will lose their value against the company or the shareholders, and Salto X shall help issue new tokens. Participants and the company need to consider that phishing attacks may also happen for other reasons and should be vigilant regarding emails received or pop-ups on browsers to log in.