As a researcher with a background in information security and experience in the crypto industry, I am thrilled to see Binance Kazakhstan receiving ISO 27001 and ISO 27701 certifications from the British Standards Institution (BSI). These certifications signify that Binance Kazakhstan maintains international standards of information security governance and privacy information management, respectively.
Binance‘s subsidiary in Kazakhstan, Binance Kazakhstan, obtained premium certifications from the British Standards Institution (BSI) following a thorough inspection on Monday. Similar assessments have been conducted annually for Binance’s branches in France, Bahrain, the United Arab Emirates, and Turkey.
Binance Kazakhstan Gets ISO Certifications for Privacy and Security
On May 13, Binance made an official statement that its affiliate company Binance Kazakhstan has been awarded the ISO 27001 and ISO 27701 certifications by the British Standards Institution (BSI). This means that Binance Kazakhstan’s information security management system and its data protection practices have met the international standards set by these certifications.
The ISO 27001 and ISO 27701 certifications are given to organizations that adhere to global information security governance and privacy information management regulations, respectively. BSI performed a comprehensive review of Binance Kazakhstan’s security measures, protocols, and workflows, verifying the platform’s esteemed international recognition for its top-tier and uniform quality in handling internal systems and processes.
Richard Teng, CEO of Binance, expressed his excitement about a new development on X and addressed the crypto community. He assured, “Our dedication to strong security and privacy protections for all users remains unwavering. Let’s work together to create a secure blockchain environment – you deserve nothing less.”
Through obtaining these internationally esteemed certifications at Binance Kazakhstan, we demonstrate our commitment to upholding these stringent requirements. We believe that our users will be greatly comforted, knowing their assets and confidential information are safeguarded according to the most current global standards. (Vishal Sacheendran, Head of Regional Markets at Binance)
Binance’s Commitment to Quality
Binance has obtained equivalent high-standard certifications in France, Bahrain, the UAE, and Turkey, allowing it to persist in its mission of creating a safe and dependable blockchain infrastructure on a global scale.
Regulatory bodies such as the U.S. Securities and Exchange Commission (SEC) have put the internal workings and procedures of the crypto exchange through rigorous scrutiny. As a result, Binance’s American branch, Binance.US, has experienced a decrease in trading volume compared to its domestic competitors following the intense regulatory crackdown on the exchange.
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2024-05-13 17:15