Key Takeaways Binance has successfully completed a comprehensive SOC 2 Type II compliance audit, confirming its commitment to the crypto industry’s strict security standards. A third-party independent auditor verified Binance’s security measures and confirmed that the Binance Global Platform has good design and control mechanisms in terms of system protection and data security. In order to maintain a safe environment for users’ crypto assets and data, Binance continuously enhances its security protocols and measures. The Binance Global platform and technical services have passed the System and Organizational Control (SOC) 2 Type II compliance audit. This latest achievement reaffirms Binance’s strong commitment to strengthening security standards in the crypto industry. This SOC 2 Type II audit was conducted by A-LIGN, a third-party assessment agency. It lasted several months and conducted a comprehensive assessment of Binance’s organizational controls and practices in terms of system protection and data security. The audit results show that Binance’s control mechanism is well designed and implemented. In addition, the results issued by independent audit institutions also demonstrate that the operational effectiveness of these control mechanisms has been globally recognized. As a custodian of users’ crypto assets and data, Binance must establish and maintain strict security standards for its platform and products. The SOC 2 audit shows that Binance has effectively fulfilled its responsibilities in this regard. Binance is also continuing to improve its system, such as fully implementing the highest standards of security measures. These measures include, but are not limited to: strict access management, advanced encryption technology, and highly resilient incident response mechanisms. Binance Chief Security Officer Jimmy Su shared: “The crypto-asset industry has developed and matured rapidly in the past few years, but people’s understanding and concepts of crypto-assets have not caught up. We need industry players to work together to promote change. And Bitcoin As a market leader, Ann also recognizes that it needs to be at the forefront of industry changes. Therefore, we have invested a lot of resources and efforts to prove that the crypto-asset platform can meet or even exceed the stringent standards of the traditional regulatory industry. Successfully passed the SOC The 2Type II audit is the latest example, and we will continue to achieve more results to prove this." From the industry standard certification obtained by Binance, we can get a glimpse of its continued efforts to build trust and confidence in the blockchain ecosystem. and reliability.In the past year alone, Binance has received ISO 27001 and ISO 27701 certifications for information security governance and privacy information management in four countries: France, the United Arab Emirates, Bahrain, and Turkey. In early March this year, Binance passed the SOC 2 Type I audit (the predecessor of the SOC 2 Type II audit). Binance will also conduct annual surveillance audits to ensure continued compliance with relevant standards and requirements. The above certifications are the result of the efforts of Binance’s security governance team, and are also an important manifestation of Binance’s adherence to the highest standards in various compliance and security areas. Further reading: How U.S. regulators evaluated Binance’s compliance improvement measures Binance received important security and privacy certification Binance participated in Hong Kong’s commercial crime investigation course to help improve the professional skills of law enforcement personnel