VICTORIA, Seychelles, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, is proud to announce that it has achieved ISO 27001:2022 certification. This well-recognized certification, awarded by the International Standard Organization (ISO), shows Bitget's efforts in maintaining the highest standards of information security.
ISO 27001:2022 is an internationally recognized standard that provides a robust framework for establishing, implementing, maintaining and continually improving Information Security Management Systems (ISMS). It is also the latest version of the ISO 27001 standard, which includes updates to address the evolving landscape of information security. It provides a systematic approach to managing sensitive company information, ensuring it remains secure. The certification proves Bitget's dedication to protecting customer data, intellectual property, employee information, and other sensitive assets.
This certification brings numerous benefits to Bitget's clients and partners, including enhanced trust and confidence, as they can rely on the rigorous security standards we uphold. It also provides Bitget with a competitive advantage in the marketplace, showcasing our proactive approach to managing and securing information. Additionally, achieving ISO 27001:2022 helps us meet various regulatory and legal requirements, reducing the risk of breaches and associated penalties. Furthermore, the certification process has led to improved internal processes, enhancing our overall operational efficiency and effectiveness.
"Achieving ISO 27001:2022 certification is a sign of high security standards we maintain in the Bitget ecosystem," said Gracy Chen, CEO of Bitget. "This certification reflects our commitment to information security and risk management, ensuring that we adhere to the highest international standards. We have full confidence and trust in our security."
As part of our commitment to security, Bitget also maintains an elaborate Proof-of-Reserves system, ensuring transparency and trust. Our reserves are verified regularly to maintain a reserve ratio of at least 1:1 for user assets, which users can independently verify using our open-source verification tool, MerkleValidator, available on GitHub. In addition, Bitget has established a $300+ million Protection Fund, the second largest in the industry, to provide an extra layer of security for user assets. Our comprehensive Transparency Report further details our ongoing efforts and internal numbers to maintain the security best practices and operational integrity.
To learn more about Bitget’s commitment to information security and our recent ISO 27001:2022 certification, visit Bitget's website.
About Bitget
Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 30 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team).
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