How do you gauge exchange security requirements without having being an pro?
CoinSpot is Australia’s initial ISO27001 licensed cryptocurrency exchange.
We now existing some context.
ISO27001 is the international common for information security administration. It lays out a collection of greatest procedures for managing and securing information assets.
Obviously it is in particular relevant to cryptocurrency exchanges, the place cryptocurrency by itself is an information asset that requirements to be secured.
But as of 2018 there had been only an approximated 264 ISO267001 certificates in Australia. And nowadays there is only a person Australian exchange licensed to that level – that is CoinSpot.
When you can adhere to ISO27001 requirements without having being licensed, acquiring licensed is how a organization confirms that it is adhering to all those greatest procedures, as verified by an accredited requirements auditor.
This isn’t just for the sake of impressing prospects. The certification is