Crypto.com hits new milestone with SOC 2 Type II compliance

Crypto.com, a cryptocurrency exchange with over 50 million users and accessible across 90 countries, has added to its growing reputation as one of the world’s leading crypto platforms with the successful completion of an independent compliance audit.

The audit reaffirms Crypto.com’s commitment to security and highest standards of data security.

On 23 August, the Singapore-based firm announced it had completed the Service Organization Control (SOC) 2 Type II Compliance audit, carried out by Big Four auditor Deloitte. 

Being SOC 2 Type II certified confirms Crypto.com as not just a company that’s committed to adhering to highest information security practices, but also one that already complies with the policies, procedures, and operations set out in the AICPA Trust Services Criteria in Security, Confidentiality, Processing Integrity, and Privacy. 

According to Crypto.com, the audit is a key milestone and an example of the company’s dedication to regulatory procedures, a step in the right direction.

Kris Marszalek, CEO of Crypto.com commented:

“I am extremely proud of our commitment to compliance, and this latest achievement is a testament to our security, privacy, and regulatory compliance capabilities which have been cornerstones of our business since day one.”

Crypto.com has recently scored several regulatory and registration milestones across the globe, including in South Korea, Cyprus, the Cayman Islands and from the UK’s Financial Conduct Authority (FCA). The company thus sees further time investment in pursuing the regulatory goal as one that will help it build the most trusted platform.

Jason Lau, Crypto.com’s Chief Information Security Officer noted:

“With the ever-evolving threat landscape, we will continue to ensure we maintain the highest level of security and data privacy so our customers can feel confident and trust our products. SOC 2 is an internationally respected security assessment criteria, and in line with highly regulated industries like the financial sector.”

The post Crypto.com hits new milestone with SOC 2 Type II compliance appeared first on Invezz.

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