Is my money safe with Binance?

Could you please clarify for me, is my money truly secure on Binance? I've been hearing mixed reviews about the platform and I'm starting to get a bit worried. I've invested quite a bit of my savings into cryptocurrencies and I want to make sure that it's in a reliable and trustworthy environment. Could you elaborate on Binance's security measures? Have there been any recent incidents that might compromise the safety of user funds? I'd appreciate your honest and detailed opinion on this matter.