Notably, the audit carried out by Deloitte, a globally recognized auditing and consulting firm, demonstrates that Crypto.com adheres to the most stringent standards in terms of data privacy and data protection, as per a press release by the crypto exchange. Deloitte confirmed that Crypto.com’s information security processes, policies, procedures, and operations comply with AICPA Trust Services Criteria in Security, Confidentiality, Processing Integrity, and Privacy.
Crypto.com improving security practices
The results of the independent validation demonstrate that the current internal controls have been successfully established, implemented, and operated to satisfy the standards of the most advanced security practice in the sector. The accomplishment of SOC 2 Type II Compliance is the most recent illustration of Crypto.com’s commitment to gaining and retaining the confidence of its customers based on the company’s commitment to security. Jason Lau, Chief Information Security Officer of Crypto.com, stated: Kris Marszalek, CEO of Crypto.com declared: Notably, the news follows Crypto.com’s announcement last week that it signed a pre-registration undertaking with the Ontario Securities Commission (OSC) in Canada as well as received registration approval as a crypto asset business from the UK’s Financial Conduct Authority (FCA).