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Nexo Achieves Type 2 SOC 2 Audit for Data Protection Compliance

Milan, Italy, July 6, 2023, Chainwire

Nexo receives AICPA certification following a profitable SOC 2 audit, highlighting its unwavering dedication to core belief ideas together with knowledge safety and privateness.

bondThe world’s main digital asset establishment achieved a big milestone at present with the profitable completion of its unbiased Kind 2 SOC 2 audit. The transfer underscores Nexo’s dedication to offering industry-leading buyer knowledge safety and guaranteeing an enhanced expertise for its quickly rising worldwide shoppers on its 360-degree platform.

The SOC 2 audit was performed by main compliance assessor A-LIGN, a technology-enabled safety and compliance companion trusted by greater than 2,500 world organizations to assist mitigate cyber safety dangers. The examination included a month-long inspection of Nexo’s processes and confirmed that the corporate’s infrastructure, software program, individuals, knowledge, insurance policies, procedures and operations had been formally reviewed and handed probably the most rigorous knowledge globally. Privateness and safety legal guidelines have been met.

Established by the American Institute of Licensed Public Accountants (AICPA), the SOC 2 examination is acknowledged globally and is commonly seen because the gold customary compliance indicator within the monetary companies {industry}.

“At Nexo we imagine that belief isn’t just declared, it’s demonstrated, earned over time, and validated by neutral third events. Safety can’t be a mere declare; It should be licensed. Thus, as we have now been crossing this digital frontier for greater than 5 years now, we have now a conscientious responsibility and an unwavering dedication to make sure the safety of our prospects’ knowledge and their holdings on our platform. There is no such thing as a room for complacency in relation to defending the property and pursuits of those that place their belief in our arms, mentioned Antoni Trenchev, co-founder and managing companion.

Since its inception in 2018, Nexo has been dedicated to making sure safety and transparency for its prospects’ property. This ethos drives each resolution the corporate takes and influences the companies it gives. From strategic partnerships with main custodial authorities to turning into a frontrunner in real-time verification in 2021, Nexo stays steadfast in its mission to ship compliant and safe innovation.

Nexo’s safety infrastructure relies on the identical rigorous requirements as conventional finance corporations and contains state-of-the-art identification verification expertise, 256-bit SSL encryption, and alignment with CCSS Degree 3. ISO/IEC 27001 Standard, amid an enormous suite of security measures. Nexo is honored to keep up this place with the newest SOC 2 certification whereas staying forward of the evolving prowess of potential threats.

“Nexo’s profitable achievement of SOC 2 validation is a big achievement, highlighting their unwavering dedication to the safety and privateness wants of their prospects,” mentioned Scott Worth, CEO of A-LIGN. “Market leaders like Nexo acknowledge the significance of automation software program and expertise coming collectively to supply environment friendly, high-quality audit stories and streamline the audit course of.”

An affidavit to their distinctive work within the subject, A-LIGN has been the proud recipient of a number of accolades from probably the most prestigious and prestigious cyber safety award ceremonies, the International InfoSec Awards.

About Nexo

Nexo is the world’s main digital asset establishment. The corporate’s mission is to maximise the worth and utility of digital property by providing a complete suite of merchandise that embrace superior buying and selling options for retail and institutional shoppers, aggregation of liquidity from key areas and tax-efficient asset-backed credit score traces. In 2022, the enterprise launched its funding arm Nexo Ventures, which now boasts over 60 portfolio corporations. Nexo has processed $130+ billion for six,000,000+ glad customers in over 200 jurisdictions.

About A-Lign

A-LIGN is the one end-to-end cyber safety compliance resolution supplier with able to report compliance automation software program with skilled audit companies, trusted by over 4,000 world organizations to assist mitigate cyber safety dangers. Has the belief of A-LIGN Completely as a Licensed CPA Agency for SOC 1 & SOC 2 Audit Companies, Accredited ISO 27001, ISO 27701 & ISO 22301 Certification Physique, HITRUST CSF Assessor Agency, Accredited FedRAMP 3PAO, Approved CMMC C3PAO Gives a single-provider holistic method. , PCI Certified Safety Assessor Firm, and PCI SSC Registered Safe Software program Assessor Firm. Working with companies starting from rising companies to world enterprises, A-LIGN’s specialists and its compliance automation platform, A-SCEND, are remodeling the compliance expertise. go to for extra data,


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