GLOBAL – Binance, one of the world’s leading cryptocurrency exchanges, has announced it has successfully passed a SOC 2 Type II compliance audit. This is done by the auditing company A-LIGN.
A SOC 2 Type II audit is a rigorous assessment that evaluates a company’s data security measures over time. This achievement builds on the exchange’s previous success in achieving SOC 2 Type I certification, which evaluates the design of security processes at a specific point in time.
Jimmy Su, Chief Security Officer at Binance, emphasized the importance of this milestone for the cryptocurrency industry. He has also called for greater industry collaboration to enhance security and build trust in the blockchain ecosystem.
This article was created and translated with the help of AI and has been reviewed by an editor. For more information, see our Terms & Conditions.