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Crypto.com Commits to Security and Data Privacy With SOC 2 Compliance -Breaking

by Mike Robinson

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Crypto.com commits to Data Privacy and Security with SOC 2 Compliance
  • Crypto.com became the first platform that received SOC 2 certification.
  • ISO27001, ISO27701, and PCI: Level 3.2.1 of the DSS
  • It also achieved the highest ‘Adaptive’ maturity levels for the NIST Cybersecurity Framework and NIST Privacy Framework.

Crypto.com is a newsworthy site that has featured all the good things about crypto.com. With a market cap of more than 22 billion, the crypto exchange is one of most popular and fastest growing crypto apps. Over 10,000,000 investors are kept informed by the leading exchange about any updates. This creates trust in their platform and will lead to stronger CRO communities.

The world’s booming exchange and DeFi Wallet, Crypto.com announces it has effectively completed the Service Organization Control (SOC) 2 Audit. The audit was conducted by Deloitte, a globally recognized auditing and consulting company.

Crypto.com’s operations, policies and security procedures have been verified to meet SOC 2 security, privacy confidentiality, availability standards. SOC 2 verification means that Crypto.com has proven it adheres to strict policies and procedures as per the AICPA Trust Services Criteria.

Crypto.com claims it’s the first cryptocurrency platform to receive certifications for ISO27001 and ISO27701, as well as PCI: DSS (Level 1) It has also attained the highest maturity levels for several NIST frameworks rated ‘Adaptive (Tier 4).’

The U.S. Department of Commerce has created the highest possible level for its National Institute of Standards and Technology Cybersecurity Framework, Adaptive (Tier 4). The latest NIST Privacy Framework is also available. Crypto.com set the standard by conducting an SOC 2 audit. This will also help cryptocurrency become mainstream.

Jason Lau, the Chief Information Security Officer of Crypto.com reaffirms by noting that the SOC 2 certification is yet another step to reinforce Crypto.com’s continuous commitment to data privacy and security. His comments mention that they will have to keep their customers safe from the constantly changing threats within the crypto industry.

Kris Marszalek (Co-Founder, CEO, and Chief Executive Officer of Crypto.com) adds on

Our SOC2 compliance is something I’m extremely proud of. [this]Our commitment to safety, privacy, regulatory compliance and transparency are the cornerstones that have shaped our business from day one. We recently reached 10 million users. This is a testament to our commitment to building an industry-leading platform that protects and respects users’ privacy.

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