WhiteBIT Becomes First Exchange to Obtain Level 3 CCSS Certification

WhiteBIT has achieved a significant milestone by becoming the first global cryptocurrency exchange to obtain Level 3 certification under the Cryptocurrency Security Standard (CCSS). Developed by the CryptoCurrency Certification Consortium (C4), this certification represents a new benchmark in cryptocurrency platform security.

The CCSS is an industry-standard security framework designed to ensure robust protection for cryptocurrency systems. It complements existing ICT security frameworks like ISO 27001 and PCI DSS by introducing specific guidance for best practices in securing cryptocurrencies. The standard includes three levels of certification, with Level 3 representing the highest benchmark, requiring advanced security measures such as multi-signature wallets, access controls, disaster recovery planning, as well as rigorous penetration testing and detailed audit trails for sensitive processes like data sensitization policies.

WhiteBIT’s successful certification was conducted by Hacken, a leading cybersecurity firm accredited by C4 to audit organizations for CCSS compliance. The auditor carried out an extensive review of WhiteBIT’s security infrastructure, following three years of preparation. The 2.5-month audit included in-depth inspections of both cold and hot wallets, dozens of hours of interviews with WhiteBIT personnel, and the submission of over 100 artifacts detailing the exchange’s policies, procedures, and security protocols.

The final 97-page report reflected rigorous testing and hundreds of questions addressed throughout the process, ensuring full compliance with the stringent requirements of CCSS Level 3. “This certification is a proof of our strong commitment to safeguarding our users’ assets,” says Volodymyr Nosov, Owner and CEO of WhiteBIT.

“In an industry where trust must be earned every day, we have embraced rigorous security protocols that set new benchmarks for excellence. Our goal isn’t just to drive innovation but to ensure that these advancements are built on a secure foundation. The CCSS certification underscores our dedication to providing a safer experience for our global user base of over 5.5 million.”

WhiteBIT’s CCSS certification delivers significant benefits to users:

– Enhanced Security.

CCSS ensures robust protections for user funds and private keys, minimizing risks of hacks or theft through advanced technologies like multisignature wallets. – Reduced Risks. The standard mitigates human errors and ensures only authorized personnel can access sensitive systems, safeguarding user assets.

– Emergency Preparedness. WhiteBIT has recovery systems in place to protect user assets during unforeseen events, providing a safer trading experience. For WhiteBIT, this accomplishment aligns with its overarching strategy of promoting mass adoption through trust and transparency. Earlier this year, the company also achieved prominence by securing the highest level of PCI DSS certification for payment data protection—a further indication of its dedication towards comprehensive protection measures.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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