WhiteBIT was the first exchange to achieve the highest level of cryptocurrency security

person visibility27 858


WhiteBIT has reached a major milestone by becoming the first cryptocurrency exchange in the world to receive Cryptocurrency Security Standard (CCSS) Level 3 certification.Developed by the CryptoCurrency Certification Consortium (C4), this certification is the new benchmark in cryptocurrency platform security. With this achievement, WhiteBIT is on par with world-class platforms known for the highest level of security.

CCSS is an industry security standard designed to provide high levels of security for cryptocurrency systems. It complements existing ICT security frameworks such as ISO 27001 and PCI DSS by introducing specific best practice guidelines for securing cryptocurrencies. The standard includes three levels of certification, with Level 3 being high and advanced security measures such as multi-signature wallets, access control, disaster recovery planning as well as strictPenetration testing and detailed audits of sensitive processes such as data awareness policies are required.

WhiteBIT's successful certification was obtained by Hacken, a leading cybersecurity company accredited by C4 to audit organizations against the CCSS standard. The auditor conducted a thorough review of WhiteBIT's security infrastructure after three years of preparation. The audit, which lasted 2.5 months, included an in-depth review of cold and hot wallets, dozens of hours of interviews with WhiteBIT employees, and the deployment of more than 100Artifacts detailing the exchange's policies, procedures and security protocols.The final 97-page report reflects extensive testing and hundreds of questions asked during the process, ensuring full compliance with the strict requirements of CCSS Level 3.

“This certification is a testament to our commitment to protecting the assets of exchange users,” says Vladimir Nosov, owner and CEO of WhiteBIT. “In an industry where trust has to be earned every day, we adhere to strict security protocols that set new standards of excellence. Our goal is not only to innovate, but also to ensure that these advances are based on a secure foundation.”The CCSS certification underscores our commitment to creating a safer experience for our global user base of more than 5.5 million.”

The CCSS certificate provides significant benefits to WhiteBIT users:

  • Increased security. CCSS provides strong protection for users' funds and private keys and minimizes the risk of hacking or theft using advanced technologies such as multi-signature wallets;
  • Reduce risks. The standard reduces the likelihood of human error and ensures that only authorized personnel can access sensitive systems, thereby protecting user resources.
  • Emergency Preparedness. WhiteBIT has update systems to protect users' assets in unexpected events, creating safer trading

"We are proud of the successful completion of the CCSS audit for WhiteBIT!This project is an example of an effective combination of expertise, determination and the desire to reach new heights in Web3 security.This is not only a step forward for the company, but also a contribution to the future of the Web3 framework in the industry.Thank you for your trust in the importance of implementing modern security solutions!", said Dmitry Yasmanovich,Head of Service Compliance at Hacken.

Ctrl
Enter
Noticed mispake
Highlight and click Ctrl+Enter

Other articles

5 Things to Know Before the Stock Market Opens

5 Things to Know Before the Stock Market Opens

personadmin

Stock futures are pointing to a higher open Thursday amid a chip stock rally, while investors also

Vexl: Empowering Peer-to-Peer Bitcoin Exchange Through Social Networks

Vexl: Empowering Peer-to-Peer Bitcoin Exchange Through Social Networks

personadmin

In an era where centralized exchanges dominate cryptocurrency trading, Vexl stands out as a

The head of the Czech central bank urged not to equate Bitcoin with other crypto assets

The head of the Czech central bank urged not to equate Bitcoin with other crypto assets

personadmin

Ales Michl published his opinion on Bitcoin amid the LIBRA scandal. The head of the CNB believes

The Bitcoin Pi Cycle Top Indicator: How to Accurately Time Market Cycle Peaks

The Bitcoin Pi Cycle Top Indicator: How to Accurately Time Market Cycle Peaks

personadmin

The Bitcoin Pi Cycle Top Indicator has gained legendary status in the Bitcoin community for its

Comments (0)

Add a comment