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Breaking: Binance Subsidiary Receives Top Privacy & Security Certifications From BSI

Binance Kazakhstan has attained the ISO 27001 and ISO 27701 certifications by the British Standards Institution (BSI) for privacy and security.
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Breaking: Binance Subsidiary Receives Top Privacy & Security Certifications From BSI

Highlights

  • Binance Kazakhstan has attained the ISO 27001 and ISO 27701 certifications by the British Standards Institution (BSI).
  • ISO 27001 and ISO 27701 certifications represents Binance maintaining international standards of information security governance and privacy information management.
  • Binance CEO Richard Teng reacted to the achievement.

The world’s largest crypto exchange Binance’s subsidiary Binance Kazakhstan on Monday received top quality standards certifications after an in-depth audit by the British Standards Institution (BSI). Binance Kazakhstan has joined other subsidiaries in France, Bahrain, the United Arab Emirates, and Turkey to undergo annual surveillance audits.

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Binance Kazakhstan Gets ISO Certifications for Privacy and Security

In an official announcement on May 13, Binance said its subsidiary Binance Kazakhstan has attained the ISO 27001 and ISO 27701 certifications by the British Standards Institution (BSI).

The ISO 27001 and ISO 27701 certifications are awarded for maintaining international standards of information security governance and privacy information management, respectively. BSI conducted an in-depth audit of Binance Kazakhstan’s security controls, policies, and processes, confirming the platform’s internationally recognized standards for quality and consistency for internal systems and processes.

Binance CEO Richard Teng also took to X to share the exciting development with the crypto community. He said “Our commitment to robust security and privacy measures for all users remain steadfast. Let’s continue building a safe blockchain ecosystem! You deserve nothing less.”

“By securing these internationally recognized certifications at Binance Kazakhstan, we validate that we meet these high standards. We hope that our users will feel significantly reassured knowing their assets and personal information are protected in line with the latest global standards,” stated Vishal Sacheendran, Head of Regional Markets at Binance.

Also Read: Terra Luna Classic (LUNC), USTC Removed From Luna Foundation Guard

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Binance’s Commitment to Quality

Binance has attained similar certifications of high standards in France, Bahrain, the United Arab Emirates, and Turkey to continue pushing for global efforts to provide a secure and reliable blockchain environment.

The crypto exchange’s internal systems and processes have been challenged by regulators including the U.S. Securities and Exchange Commission (SEC). Binance’s US arm Binance.US has faced trading volume shortfall as compared to domestic competitors after the heightened regulatory attacks on the exchange.

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Varinder Singh

Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.

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