Cryptocurrency users they must be constantly vigilant to avoid scams and hacks. Without it, they could lose money or become victims of data theft at any time. In this context, the cryptocurrency exchange Crypto.com has decided to strengthen the data protection of its users. Find out how Crypto.com achieved its goal.
Deloitte was invited by Crypto.com to conduct a Service Organization Control (SOC) 2 Type II compliance audit. Indeed, the purpose of this operation was to check how the platform protects the data of its users. The audit also made it possible to assess the functioning of the established control system. This made it possible to test the internal rules of the stock exchange. They were then used to make the platform compliant with standard security practices.
With this revision, the exchange Crypto.com has achieved SOC 2 Type II certification. Jason Lau, Chief Information Security Officer of Crypto.com, spoke about the usefulness of this certificate. He explained that the latter strengthened the security and confidentiality of data on the platform.
Jason Lau said:With the ever-changing threat landscape, we will continue to ensure that we maintain the highest level of data security and privacy so that our customers feel confident and secure in our products.“. “SOC 2 is a world-class security standard and aligned with highly regulated industries such as the financial sector“, he added.
Crypto.com has increased its level of security by completing a Service Organization Control (SOC) 2 Type II compliance audit. Crypto.com CEO Kris Marszalek promised that the platform will continue to invest aggressively to remain reliable. Crypto.com intends to maintain “the highest standards of security and privacy in the industry.”
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