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Crypto.com Successfully Renews Top Tier NIST Cybersecurity Ranking

by BSC News

September 15, 2022

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The renewal of the NIST certifications demonstrates how Crypto.com puts security and privacy at the center of its efforts to expand globally.

Crypto.Com Focuses on Security

Cryptocurrency exchange Crypto.com has reinforced its commitment to enhancing the platform's security with the recent announcement that it has successfully renewed the National Institute of Standards and Technology (NIST) Cybersecurity Framework (CSF) and Privacy Framework (PF) assessments, as demonstrated through an audit by SGS, a globally-recognized certification authority.

According to the announcement, Crypto.com became the first virtual asset exchange globally to achieve the highest levels of maturity (Tier 4 -- “adaptive”) for the NIST CSF and PF assessments in 2020.

The recent renewal is in addition to the ISO/IEC 27701:2019, ISO27001:2013, ISO22301:2019, PCI:DSS 3.2.1 and Service Organization Control (SOC) 2 Type II certifications that the exchange has already attained.

“Being the first in our industry to originally achieve this recognition in 2020 was no easy task, but continuing to prove this resolve against the ever-changing threat landscape requires total commitment,” Jason Lau, Chief Information Security Officer (CISO) of Crypto.com, said. “Privacy and security remains a top priority and we will continue to invest in the expertise and resources to ensure best practices and safeguard Crypto.com.”

The exchange, which was recently audited by Deloitte for security and data privacy, has reaffirmed that security and compliance are central elements of its global growth strategy.

“Security for our customers has been a key focus since day one,” said CEO Kris Marszalek. “I am tremendously proud of our team working every day to protect our customers, and the leadership of Crypto.com across our industry with these latest certifications.”