According to a press statement issued by the crypto exchange, the audit conducted by Deloitte, a worldwide recognized auditing and consulting organization, reveals that Crypto.com adheres to the most strict criteria in terms of data privacy and data protection.
Deloitte validated that Crypto.com’s information security methods, policies, procedures, and operations are in accordance with the AICPA Trust Services Criteria for Security, Confidentiality, Processing Integrity, and Privacy.
The independent validation results show that the present internal controls have been successfully created, implemented, and operated to meet the standards of the sector’s most sophisticated security practice.
Crypto.com is currently experiencing financial difficulties as well as the operating system, leading to a decrease in customer confidence in the exchange.
The achievement of SOC 2 Type II Compliance is the most recent example of Crypto.com’s effort to acquire and retain its customers’ trust based on the company’s commitment to security. Crypto.com’s Chief Information Security Officer, Jason Lau, stated:
“Achieving SOC 2 Type II certification is yet another step in reinforcing Crypto.com’s continuous commitment to security and data privacy by design. 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.”
Kris Marszalek, CEO of Crypto.com declared:
“We will continue investing aggressively in building a most trusted platform for our users that maintains the highest standards of security and privacy in the industry.”
The exchange completed a pre-registration agreement with the Ontario Securities Commission (OSC) in Canada last week, while the UK’s Financial Conduct Authority (FCA) granted its registration as a crypto asset business.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Harold
CoinCu News
Inflation Warning by Vanguard highlights risks during Trump’s term, citing tariffs and tighter labor markets…
Clanker token trading volume hit $59.8M on Nov 21, accounting for 14.75% of PumpFun. Fee…
Bitcoin Spot ETF inflows hit $1.005B on Nov 21, led by BlackRock’s $608M and Fidelity’s…
Discover the success story of a New York tech entrepreneur who made $72M from a…
Discover the best cryptos to buy and hold today: Qubetics leads with 1000x potential, Ethereum…
With the platform facing a cracked whip, Trump Media company is expanding into new business…
This website uses cookies.