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Crypto Firms Nexo and crypto.com Pass SOC 2 Type 2 Security Audit

Crypto Firms Nexo and crypto.com Pass SOC 2 Type 2 Security Audit

Crypto Firms Nexo and Crypto.com Pass SOC 2 Audit for Enhance Security

Prominent crypto firms, Nexo and crypto.com, have announced their successful completion of the SOC 2 Type 2 security audit. The audit, conducted by A-LIGN, verifies adherence to security and data-handling standards. Eric Lister from A-LIGN clarified that while the audit provides trust and transparency, it does not directly improve business systems. The audit helps crypto companies demonstrate their commitment to safeguarding customer data and assets, addressing concerns over control issues at exchanges. Passing the audit enhances user security and signifies compliance with highly regulated standards in the crypto industry.

By: Simran Mishra
10-Jul-2023

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