CoinDCX, one of India’s prominent cryptocurrency exchanges, has achieved a significant milestone by becoming one of the first Virtual Digital Assets (VDA) exchanges in India to receive ISO/IEC 27001:2022 certification by BSI (British Standards Institution). This certification underscores CoinDCX’s unwavering commitment to information security and user data protection.
What is ISO/IEC 27001:2022 Certification?
ISO/IEC 27001:2022 is a globally recognized information security standard developed and maintained by the International Organization for Standardization (ISO). It sets rigorous standards for organizations to safeguard sensitive data and maintain impeccable security practices. Achieving this certification signifies CoinDCX’s dedication to robust information security management and data privacy.
CoinDCX’s Commitment to Information Security
Neeraj Khandelwal, Co-founder of Okto & CoinDCX, expressed pride in this achievement and emphasized that ISO/IEC 27001:2022 certification reinforces CoinDCX’s commitment to safeguarding user data. It assures users that their personal information and assets are protected from potential risks.
Expressing pride in being recommended for ISO/IEC 27001:2022 certification, Neeraj Khandelwal, Co-founder of Okto & CoinDCX, stated, “Through this ISO/IEC 27001:2022 certification, CoinDCX reinforces its unwavering commitment to safeguarding user data and maintaining impeccable security standards. These certifications instill confidence in CoinDCX’s users, assuring them that their personal information and assets are protected from potential risks. I commend the efforts of CoinDCX’s security team for making this achievement possible.”
Sridhar Govardhan, Head of Information Security, of CoinDCX said, “Our relentless commitment towards strengthening information security is demonstrated by our ISO/IEC 27001:2022 certification. Compliance is of utmost importance to us, it also shows how committed we are to a safe digital ecosystem. This accomplishment demonstrates our dedication to upholding the highest standards for protecting sensitive data and our commitment to keeping the faith our stakeholders have placed in us.”
Theuns Kotze, Managing Director, Assurance IMETA at BSI said “BSI would like to congratulate the team at CoinDCX on their information security certification. This helps to demonstrate CoinDCX’s commitment to excellence in information security and its dedication to establishing digital trust with its clients and stakeholders.”
Future Assurance and Transparency
CoinDCX’s dedication to information security doesn’t stop here. They plan to conduct yearly surveillance audits to ensure ongoing compliance with ISO/IEC 27001:2022 standards. Additionally, they remain committed to setting high-security standards, adhering to regulations, and safeguarding user data in India’s evolving VDA landscape.
This achievement by CoinDCX highlights the growing importance of information security and data privacy in the cryptocurrency industry. It establishes a commendable industry precedent and underscores the company’s commitment to transparency and reliability.CoinDCX’s dedication to transparency and reliability within the VDA ecosystem is also augmented through regular publication of third-party audits and Proof of Reserve report.
As cryptocurrency adoption continues to rise, CoinDCX’s ISO/IEC 27001:2022 certification sets a positive example for other organizations in the digital asset space, emphasizing the critical importance of prioritizing information security.