What are risks in Luno?

Could you elaborate on the potential risks associated with investing in Luno? As a cryptocurrency platform, it's crucial to understand the potential hazards, such as market volatility, security breaches, regulatory changes, and the company's financial stability. Additionally, how does Luno manage these risks to ensure the safety of its users' funds and data? It would be insightful to know if there have been any past incidents or controversies involving Luno that investors should be aware of.