Crypto.com, one of the leading cryptocurrency wallets and payments platform, has now been officially awarded the PCI:DSS 3.2.1 (Level 1) certification. Thus, it becomes the foremost cryptocurrency company globally to have achieved both PCI:DSS 3.2.1, Level 1 and ISO27001:2013 compliance.

Following multiple strict security audits by third parties using a Quality Security Assessor (QSA), Crypto.com and its solutions have been announced at par with its standards of regulations.

PCI:DSS, which stands for Payment Card Industry: Data Security Standard, demands organizations to adhere to a bunch of strict regulations outlined to safeguard the cards and payments industry. The regulations have been put together to ensure that companies that have to deal with processing, storing or transmitting critical data of credit card users, must maintain an extremely secured framework by deploying the highest standards of data security measures and privacy standards.

The security objectives that the PCI Data Security Standard demands an organization to certainly meet, for the certification, are:

  1. Building and Maintaining a Secure Network of Systems
  2. Protect Cardholder’s Integral Data
  3. Compulsorily Maintain a Vulnerability Management Program
  4. Implement Strong Access Control Measures
  5. Regularly Monitor, Diagnose and Test Networks
  6. Maintain a Strict Information Security Policy

Jason Lau, Crypto.com’s Chief Information Security Officer said that achieving the PCI:DSS Level 1 certification demonstrates the company’s seriousness about security and their robust approach to protecting user’s credit card data. The PCI:DSS Level 1 certification is indeed one of the most valuable and globally recognized payments and card-security standards available. And now back with another ISO27001:2013 certificate, Crypto.com simply continues to portray its commitment to building trust with its customers.

Kris Marszalek, Co-Founder, and CEO of Crypto.com said,

Security always comes first — this is the foundation on which strong, trusted brands are built. We will continue investing heavily in our people, technology, and processes to maintain the highest standard of security in the industry.

Headquartered in Hong Kong, Crypto.com’s advent dates back to 2016 with the aim of accelerating the world’s transition to cryptocurrency. Their wide array of products and solutions enable transactions in any cryptocurrency, from anywhere, for free. And now the PCI:DSS Level 1 certificate should be leveraged to bring more resilient payments solutions to the forefront.