• 24 November, 2024
News

Nexo Earns AICPA’s Type 2 SOC 2 Audit Certificate: Bolsters Security

Nexo Earns AICPA’s Type 2 SOC 2 Audit Certificate: Bolsters Security

Nexo, the world’s premier digital asset institution, announced today its successful completion of the independent Type 2 SOC 2 audit, reinforcing its commitment to robust client data security on its comprehensive platform.

The SOC 2 audit was administered by the reputable compliance assessor A-LIGN, a leading provider of cybersecurity risk solutions trusted by more than 2,500 organizations worldwide. The in-depth examination spanned several months, scrutinizing Nexo’s systems, personnel, data, policies, procedures, and operations. The audit affirmed Nexo’s adherence to global data privacy and protection standards.

The American Institute of Certified Public Accountants (AICPA) developed the SOC 2 examination. This globally recognized audit is often regarded as a benchmark compliance indicator in the financial services industry.

Antoni Trenchev, co-founder and Managing Partner of Nexo emphasized the company’s philosophy on trust and security. He stated: 

Trust isn’t merely declared, it’s demonstrated, earned over time, and validated by impartial third parties. As we navigate the digital landscape for over five years, we uphold an unwavering commitment to protecting our clients’ data and assets. There is no room for complacency in safeguarding the assets and interests of those who entrust us. 

Since launching in 2018, Nexo has prioritized the highest levels of security and transparency for its customers’ assets. This commitment influences every decision the company makes and shapes its services. From strategic collaborations with leading custody authorities to pioneering real-time attestations in 2021, Nexo remains dedicated to delivering compliant and secure innovation.

Nexo’s security infrastructure meets the stringent standards of traditional finance companies. It includes cutting-edge identity verification technology, 256-bit SSL encryption, and compliance with CCSS Level 3 and ISO/IEC 27001 standards, among other security features. The recent SOC 2 certification underscores Nexo’s ongoing efforts to stay one step ahead of evolving cybersecurity threats.

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