Leading cryptocurrency exchange and Web3 technology company, OKX announced today that it has successfully finished the Service Organization Control (SOC) 2 Type II audit, proving that the organization complies with international standards for data privacy protection, sensitive data management, and service governance.
The American Institute of Certified Public Accountants created the internationally renowned SOC 2 Type II report methodology, one of the most thorough audits available. An independent external auditor completes the report, which examines a business’s policies, practices, and controls over a lengthy period.
The accomplishment of SOC 2 Type II certification is evidence of OKX’s resolute endeavours to guarantee the utmost levels of safety, security, and adherence to regulations. It also reflects the fundamental operational principles of OKX and the company’s dedication to security, openness, and trust.
This certification highlights the procedures and security controls OKX has implemented to guarantee a first-rate user experience on its platform, which leads the industry. Furthermore, these actions confirm that OKX’s robustness, service availability, and infrastructure specifications meet strict standards, enhancing its standing as one of the safest platforms in the world.
OKX President Hong Fang said: “Completing the SOC 2 Type II audit is an important achievement for OKX, because of the reassurance it provides to all our users, and the diligence and time commitment required in the pursuit of this certification. It demonstrates that OKX is operating at standards comparable to tech giants and traditional finance services firms, as well as our commitment to implementing such standards and practices throughout OKX’s global operations. OKX’s goal is to build the world’s most secure and reliable Web3 ecosystem, and this latest milestone is another crucial step towards our vision.”
Source: https://zycrypto.com/okx-successfully-completes-soc-2-type-ii-audit-showcasing-industry-leading-standards-for-user-safety-security-and-compliance/