[PRESS RELEASE – VILNIUS, Lithuania, December 11th, 2024]
WhiteBIT has reached a significant milestone by becoming the first cryptocurrency exchange globally to obtain Level 3 certification under the Cryptocurrency Security Standard (CCSS). Developed by the CryptoCurrency Certification Consortium (C4), this certification represents a new benchmark in cryptocurrency platform security. This accomplishment places WhiteBIT among the top-tier platforms recognized for superior security.
The CCSS is an industry-standard security framework designed to ensure robust protection for cryptocurrency systems. It complements existing ICT security frameworks like ISO 27001 and PCI DSS by introducing specific guidance for best practices in securing cryptocurrencies. The standard includes three levels of certification, with Level 3 representing the highest benchmark, requiring advanced security measures such as multi-signature wallets, access controls, disaster recovery planning, as well as rigorous penetration testing and detailed audit trails for sensitive processes like data sensitization policies.
WhiteBIT’s successful certification was conducted by Hacken, a leading cybersecurity firm accredited by C4 to audit organizations for CCSS compliance. The auditor carried out an extensive review of WhiteBIT’s security infrastructure, following 3 years of preparation. The 2.5-month audit included in-depth inspections of both cold and hot wallets, dozens of hours of interviews with WhiteBIT personnel, and the submission of over 100 artifacts detailing the exchange’s policies, procedures, and security protocols. The final 97-page report reflected rigorous testing and hundreds of questions addressed throughout the process, ensuring full compliance with the stringent requirements of CCSS Level 3.
“This certification is a proof of our strong commitment to safeguarding our users’ assets,” says Volodymyr Nosov, Owner and CEO of WhiteBIT. “In an industry where trust must be earned every day, we have embraced rigorous
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Author: Chainwire
