Binance receives ISO27001 accreditation; becomes first DNV, UKAS-verified crypto-platform

One of the world’s leading cryptocurrency exchange platforms, Binance today announced that it has officially received an ISO/IEC 27001 accreditation, which is a universally recognized information security management system issued by the International Organization for Standardization [ISO].

The news was revealed by Binance’s official Twitter handle which tweeted,

#Binance has received ISO27001 accreditation, certified by the DNV & UKAS, two world-renowned international accreditation bodies.

We are proud to be among the first global crypto-asset platforms to receive ISO27001 accreditation, & the first certified by the DNV & UKAS. #SAFU pic.twitter.com/DOgo8zXBen

— Binance (@binance) September 24, 2019

With this development, Binance has become one of the first leading crypto-asset platforms to achieve international information security standards. This certification was audited and certified by DNV, which is the world’s largest accredited registrar and classification society, and the United Kingdom Accreditation Service, the sole national accreditation body recognized by the British government, making it the first crypto-associated entity to have been verified by the DNV and UKAS.

In order to achieve this certification, the crypto-platform passed an examination of 114 criteria across 14 categories. This included security policy, asset management, operation security, and information systems acquisition, development, and maintenance.

In an official statement addressing the certification, Binance CEO CZ said,

“Security has always been the utmost priority for Binance and our users, and we are honored that Binance’s security management is recognized by the respected DNV and UKAS. We appreciate the great amount of trust that our users have placed in us. We are committed to continuously securing our users’ information and assets by further strengthening our security system”

Earlier this year, Crypto.com had announced that it had received an ISO/IEC 27001:2013 certification after rigorous third-party security audits. The audit was led by international certification agency Bureau Veritas and covered multiple departments, functions, and products such as Crypto.com’s Wallet & Card App.