Binance completes audit to demonstrate robust security
Binance has successfully completed the rigorous SOC 2 Type II compliance audit to demonstrate the highest security benchmarks in the industry.
In a thorough assessment conducted by independent auditing firm A-LIGN, Binance’s security infrastructure underwent meticulous scrutiny. The audit particularly focused on two critical areas: the robustness of system protection and the efficacy of data security measures. The favorable outcome of this audit not only confirms the sound design of Binance’s security protocols but assures their effective implementation in everyday operations.
“We’ve dedicated significant resources and effort to demonstrating that crypto platforms can meet, and even shift, the strict standards that apply in traditional regulated industries. “
– Jimmy Su, Chief Security Officer at Binance
Binance has also recently announced its attainment of the ISO 27001 and ISO 27701 certifications. The certifications awarded for exceptional information security governance and privacy information management have been achieved in four jurisdictions: France, the United Arab Emirates, Bahrain, and Turkey.
Before this latest accomplishment, Binance had also successfully completed the SOC 2 Type I audit earlier in March, laying the groundwork for the more comprehensive Type II audit.
Earlier in September, OKX also completed the SOC 2 Type II audit. Since the U.S. Department of Justice settlement last month, Binance has focused more on compliance and regulations to ensure transparency and maintain trust among its large user base.