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

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Binance receives ISO27001 accreditation; becomes the first crypto platform verified by DNV and UKAS

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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,

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.

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Biraajmaan is a full-time journalist at AMBCrypto covering the US market. A graduate in Automobile engineering, he writes mainly about regulations and its impact with a focus on technological advancements in the crypto space.
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