RATE Group | Crypto.com Becomes the First Cryptocurrency Company in the World to Achieve ISO/IEC 27701:2019 Certification
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Crypto.com Becomes the First Cryptocurrency Company in the World to Achieve ISO/IEC 27701:2019 Certification

02 Jun Crypto.com Becomes the First Cryptocurrency Company in the World to Achieve ISO/IEC 27701:2019 Certification

Posted at 10:33h in Cryptocurrency News by

ISO/IEC 27701:2019 is a milestone in privacy risk management, as the world’s first standard outlining privacy implementation guidelines for data protection around personally identifiable information (PII) within the organization. The audit was conducted by SGS, a leading inspection verification and certification company recognized globally with over 2,600 offices around the world.

Considered the new standard for data privacy, ISO/IEC 27701:2019 specifies the requirements for establishing, implementing, maintaining, and continuously improving a Privacy Information Management System (PIMS). It also includes requirements for the assessment and treatment of information security risks specific to the needs of the organization.

Companies determine the scope of third-party security audits, which can be as wide or narrow as they choose.  SGS’ company-wide audit of Crypto.com covered multiple departments, functions and products, including the Crypto.com App. The company’s privacy risks…

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