Is it safe to use Binance funds?

Could you please elaborate on the safety of using Binance funds? With the recent increase in cyber attacks and scams within the cryptocurrency industry, it's understandable that users may have concerns about the security of their funds. Are there any measures in place to protect user funds on Binance? Additionally, how does Binance handle security breaches or incidents should they occur? I'd appreciate your insight into the safety of using Binance for cryptocurrency transactions.