Nexo Strengthens Data Security With SOC 3 Certification and SOC 2 Audit Renewal

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As a seasoned crypto investor with a strong focus on security and trust, I cannot help but be impressed by Nexo’s recent accomplishments in data protection. Having experienced several high-profile hacks and breaches in the industry, I understand all too well the importance of robust security measures for digital asset management.

Nexo, a prominent figure in the digital asset management sector, has reaffirmed its dedication to safeguarding data by passing the rigorous SOC Type II audit once again.

With the attainment of a fresh SOC 3 Type II certification, Nexo has broadened the audit’s coverage, incorporating extra Trust Service Criteria like Confidentiality. This move underscores Nexo’s commitment to protecting users’ confidential information.

On July 25, 2024, Nexo highlighted some important achievements, placing a strong focus on safeguarding data as part of their commitment to building user confidence and maintaining robust security measures.

A-LIGN, an esteemed independent auditor with more than twenty years of experience in security compliance, carried out evaluations that verified Nexo’s strict adherence to the Trust Service Criteria for Security and Confidentiality in all respects.

Nexo’s latest reports underscore the company’s robust data protection practices, bolstered by the initial SOC 2 Type II audit results disclosed a year ago. The SOC 2 framework, overseen by the American Institute of Certified Public Accountants (AICPA), assesses an organization’s security and privacy controls.

Milan Velev, the Chief Information Security Officer at Nexo, expressed his pride and feeling of duty upon Nexo’s successful completion of gold standard client data protection for the second consecutive year. This achievement fills him with great pride and a deep sense of obligation. It is essential that Nexo’s clients have confidence in our commitment to compliance, knowing that we strictly follow security regulations and undergo annual SOC audits. These evaluations serve to reinforce trust in Nexo as their reliable partner in the digital assets sector.

Nexo’s commitment to operational integrity is underscored by its adherence to the CCSS Level 3 Cryptocurrency Security Standard for safeguarding assets, as well as prestigious certifications such as ISO 27001, ISO 27017, and ISO 27018 from RINA. In simpler terms, Nexo’s strong reputation is reinforced by its adherence to advanced security standards for storing digital assets, as well as its acquisition of respected certifications in information security management systems.

Nexo is recognized for its security among esteemed certification bodies, boasting a CSA Security, Trust & Assurance Registry (STAR) Level 1 Certification. This achievement underscores Nexo’s commitment to maintaining a secure environment for asset management in the industry.

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2024-07-25 16:57