Binance obtains security and privacy certifications as SEC seeks emergency relief
“Users and clients on our platform can be assured that their assets and information are protected in line with the latest global standards. We have a team of highly experienced security professionals that are continuously improving, adapting, and innovating to ensure that Binance remains at the forefront of safeguarding the blockchain ecosystem.”
Binance has been awarded the coveted ISO 27001 and ISO 27701 certifications for information security governance and privacy information management in three jurisdictions across Europe and the Middle East: France, Bahrain, and the United Arab Emirates (UAE).
The firm secured the ISO 27001 and ISO 27701 certificates as an organization meeting the internationally recognized standards in information security governance and privacy information management, respectively.
The announcement came on the same day as the SEC filed a complaint against Binance and is seeking emergency relief. Binance vowed to fight that because, the firm stated, all user assets on Binance and Binance affiliate platforms, including Binance.US, are safe and secure.
Binance awarded two ISO certifications from A-LIGN
A-LIGN was selected as the external auditor, which awarded the two ISO certifications to Binance following a thorough and comprehensive evaluation of the security and privacy domains of its operations.
Binance will be undergoing annual surveillance audits to ensure continued conformity with the standards set out within the ISO 27001 and ISO 27701 certifications. There are also plans to expand the certifications to other regions and obtain additional internationally recognized security, privacy, and compliance certifications.
Undergoing third-party audits of our security and compliance practices is part of Binance’s broader commitment to building trust and reliability within the blockchain ecosystem through adherence to industry standards and regulations.
“Information security governance is a critical aspect of modern organizations”
Jimmy Su, Chief Security Officer at Binance, said: “Information security governance is a critical aspect of modern organizations. With these internationally recognized certifications, Binance demonstrates that it has established effective controls and protections. Users and clients on our platform can be assured that their assets and information are protected in line with the latest global standards. We have a team of highly experienced security professionals that are continuously improving, adapting, and innovating to ensure that Binance remains at the forefront of safeguarding the blockchain ecosystem.”
Stewart Thompson, Chief Data Protection Officer at Binance, commented: “Users are at the heart of everything we do at Binance, which is why we’ve made privacy information management a key priority within the company. Our data protection team works closely with other teams – including security, legal, compliance, and operations – to ensure that Binance meets the strong global privacy requirements. We’re glad to see our teams’ efforts rewarded with these independently accredited certifications. This is a significant milestone for us at Binance, as we continue to advance security and privacy standards within the blockchain space.”