Crypto.com becomes the first crypto firm to be certified with ISO 22301:2019. The certificate has been awarded to crypto.com by the British Standards Institution (BSI). The certificate is seen as a standard for Business Continuity Management (BCM).
Jason Lau, the Chief Information Security Officer at Crypto.com said, "ISO 22301 demonstrates that business resilience is embedded into Crypto.com’s operations. Resilience is an important part of our business operations to ensure that we react and adapt to changing circumstances in a systematic way.”
Crypto.com was evaluated across 10 core functions to ensure its ability to avoid, resist, react and recover from business interruptions. The ISO 22301 allows crypto.com to expand its control with ISO 27001, ISO 27701, Service Organization Control (SOC) 2, the Payment Card Industry Data Security Standard (PCI DSS Level 1).
Kris Marszalek, the Co-Founder and CEO of crypto.com commented the following on the certificate, “A well-established business continuity management system demonstrates how our organization is able to react, respond and recover. Getting independently assessed and certified is an important milestone for our company, as we continue to build trust with our customers and partners during our global expansion.”
Additionally, Crypto.com is assessed at Tier 4, the highest level for NIST Cybersecurity and Privacy Frameworks, as well as Service Organization Control (SOC) 2 compliance.
Crypto.com Recent Partnerships
Being the first cryptocurrency company to be certified gives some assurance to investors as well as regulators. The company currently has over 10 million clients and over 3,000 employees.
Worldpay from FIS has recently partnered with crypto.com to act as its global validator (crypto.org blockchain ). In addition, Worldpay will provide crypto.com with global merchant acquiring services. FIS offers Card-to-Crypto processing with over $1 trillion transactions per annum.
Furthermore, the LeBron James Family Foundation (LJFF) has recently partnered with crypto.com. The goal of the partnership is to educate the community on cryptocurrencies and blockchain technology.
