The popular crypto exchange Binance has recently made another remarkable achievement. As per the company, it has obtained a couple of globally acknowledged certifications concerning privacy information management and information security governance with the titles ISO 27701 and ISO 27001. The exchange disclosed the news of the respective development on its X account.
#Binance Kazakhstan is proud to have been awarded the ISO 27001 and ISO 27701 certifications.This achievement highlights our strict adherence to international security and privacy standards.Read more https://t.co/Zp5BInW3Dl pic.twitter.com/QWVzBUx3k7
— Binance (@binance) May 13, 2024
Binance Kazakhstan Gets Globally Acknowledged ISO Certifications for Resilient Privacy and Security
Binance shared a comprehensive blog post on its official website to provide the details of this achievement. According to the platform, this takes place after a thorough audit that an autonomous certification body made. These credentials confirm that the crypto exchange’s internal processes and systems meet the globally acknowledged standards regarding consistency and quality.
This landmark development points out that the company is determined to offer a reliable and secure platform. In this way, Binance reportedly focuses on offering adequate services to the crypto consumers in Kazakhstan. The cutting-edge and dynamic industry of Web3 requires adherence to the existing standards. In addition to this, it also needs the organization of the finest practices to promote trust.
The crypto exchange noted that it has always been prioritizing the establishment of resilient privacy protections and security measures. It added that the attainment of the respective certifications plays the role of an outcome of such endeavors. It mentioned that the company has been making great efforts to unveil the peak standards regarding privacy and security operations.
An autonomous multinational certification organization British Standards Institution (BSI) has provided these certifications to Binance. The organization first conducted a comprehensive and strict audit concerning the privacy and security processes, policies, and controls of Binance. The crypto exchange’s Head of Regional Markets “Vishal Sacheendran” commented on this development.
The executive stated that the company has been placing high standards regarding privacy and security processes to enhance its reliability. He added that these certifications authenticate that Binance fulfills the respective high standards.
The Crypto Exchange Assures to Go Through Yearly Audits
He also expressed the expectation that this would reassure the clients about the protection of their individual information and assets. This development comes after analogous achievements in Turkey, the United Arab Emirates, Bahrain, and France. Binance asserted that it will go through yearly surveillance audits for the maintenance of consistent compliance.