Key Takeaways
- Bybit has gained the ISO 27001 certification, proving its commitment to prioritizing user and data security and efficiency
- By applying ISO 27001 guidelines, Bybit brings a proactive approach to identifying and assessing potential security risks, enabling them to respond to and mitigate potential threads
- Bybit’s Co-founder and CEO, Ben Zhou, highlighted the company’s dedication to protecting customers’ funds
Bybit, the world’s third most visited cryptocurrency exchange in cryptocurrency trading, has achieved the ISO 27001 certification. This certification, known as the ISO/IEC 27001 Information Security Management, is highly sought by companies aiming to prioritize user&data security and efficiency. By receiving this certification, Bybit has reaffirmed its commitment to upholding high security and efficiency standards.
As the third most visited cryptocurrency exchange globally, this recognition highlights Bybit’s dedication to safeguarding user data and ensuring a secure trading environment. ISO 27001, a globally recognized standard, is an indicator of Bybit’s successful performance to date in terms of security, safety, and transparency.
Proactive Risk Management of Bybit
The ISO 27001 certification process is a challenging process and examines the company’s information security management in detail. It is seen that Bybit complies with all national and global industry requirements and integrates best practices in data security into its systems.
By applying ISO 27001 guidelines, Bybit can detect and evaluate possible security risks in advance and take the necessary actions quickly. Thanks to this proactive approach to seeing all risks, it will maintain its flawless and clean record of not experiencing any major security violations or hacks.
Bybit’s co-founder and CEO, Ben Zhou, said in a statement that this certification is a testament to their top-notch commitment to protecting their customers. He added that they are committed to protecting all their customers’ funds with cold wallets and independent custody solutions.
On the other hand, referring to the 50% increase in the user base despite the adverse market in the cryptocurrency markets, Ben Zhou added that this certification is a trigger to offer advanced opportunities to its broad corporate and retail customer base.
About Bybit
Founded in 2018, Bybit is a cryptocurrency exchange providing traders with a professional platform featuring an ultra-fast matching engine, excellent customer service, and multilingual community support.
Bybit proudly partners with well-known entities such as the reigning Constructors’ and Drivers’ champions of Formula One, the Oracle Red Bull Racing team, esteemed esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports, as well as the association football (soccer) team Borussia Dortmund.
Source: https://coincodex.com/article/27586/bybit-achieves-iso-27001-certification-information-security-compliance-and-risk-management/