Can Binance keep your money?

Could you please elaborate on the security measures that Binance has in place to ensure the safety of users' funds? As a cryptocurrency exchange, handling large volumes of digital assets, it's crucial to understand the robustness of their security infrastructure. Are there any recent incidents where user funds have been compromised on the platform? How does Binance respond to such incidents and prevent them from happening again? Is there a clear insurance policy in place to protect users' assets in case of unforeseen events? Lastly, what steps can users themselves take to enhance the security of their funds on Binance?