Nexo Secures CSA STAR Level 1 Certification, Seeks to Establish High Security and Transparency Standards

Key Highlights

• Leading digital assets platform, Nexo has just bagged the Cloud Security Alliance (CSA)’s Security, Trust & Assurance Registry (STAR) Level 1 Certification.

• CSA provides cloud security-specific research, education, training, certification, events, and products to tech companies.

Following a keen interest to go the extra mile in the business maximizing the value and utility of digital assets, Nexo, a world-leading digital assets institution has announced that it has attained the CSA’s Security, Trust & Assurance Registry (STAR) Level 1 Certification.

As Nexo pushes for further advancements, this development stands as a remarkable stepping stone towards building an ecosystem with high security standards that are capable of safeguarding client data.

Nexo completes CSA STAR Certification program

Fully known as Cloud Security Alliance, CSA is a renowned organization that is aimed at establishing a secure cloud computing environment. They provide cloud security-specific research, education, training, certification, events, and products to facilitate expertise among industry practitioners, associations, governments, and lots more.

Over the years, its STAR certification has seen massive adoption from renowned companies in the tech industry like AWS, Google Maps, and VMWare among others. The program helps to evaluate and validate a company’s security measures. Hence, it requires participants to undergo a 261-question self-assessment process, which is followed by a third-party validation through the CSA Cloud Controls Matrix (CCM).

According to the announcement, Nexo has joined the program and achieved the third-party validation which saw it successfully completing the SOC 2 Type 2 audit and 2019 ISO 27 001 standardization. Thus, with a unique focus on client data security and transparent practices, this incredible milestone has positioned Nexo ahead of its peers in the digital assets sector.

Nexo displays commitment to security and transparency

Apparently, Nexo had ventured into the program because it aligns with the platform’s mission to become a leader in maintaining the highest security standards in protecting client data, while operating a robust and transparent mechanism.

Impressively, the company has made its verification process public, noting that its security measures follow suite with the highest CSA guidelines. By achieving CSA STAR Level 1 and openly sharing its safety measures, Nexo emphasized its strong commitment to security.

The company revealed that it is extremely focused on keeping the information of its users safe while following all the strict rules and standards. In its quest to earn the trust of its users, the company ensured that it works hard to protect the personal data and money of users.

In addition to this, Nexo further disclosed plans to partner with other veterans in the industry and have experts check its security and transparency to make sure it remains on track.

Nexo Co-Founder and Managing Partner Antoni Trenchev, expressed the team’s commitment to quality security in a statement that reads:

“Just as we work tirelessly to deliver innovative practical solutions, the same dedication goes towards investing in our security infrastructure.”