Can I trust Binance?

Could you please elaborate on the trustworthiness of Binance? I'm considering using their services but am a bit hesitant due to recent concerns about cryptocurrency exchanges. How secure are their platforms? Have they had any significant security breaches in the past? What measures do they take to protect user funds and personal information? Are they transparent with their operations and comply with regulatory requirements? I'd like to have a clearer understanding of these aspects before making a decision.