Steakhouse Financial said it is carrying out planned operational security hardening across all of its Morpho and Box vaults. According to Foresight News, vault operations will not be interrupted, and the vaults' risk exposure will remain unchanged.

Depositors and integrators do not need to take any action. During the process, the team will choose two of four candidate addresses to add as new Allocators for each vault, and may later remove the old Allocator addresses that have been deprecated.

Steakhouse Financial said Allocator additions and removals for its Morpho and Box vaults are not subject to a timelock.