Singapore, October 3, 2024 – Crypto.com, trusted by more than 100 million customers worldwide and the industry leader in regulatory compliance, security and privacy, announced today that it has set an industry milestone by becoming one of the first cryptocurrency platforms to upgrade its existing Payment Card Industry Data Security Standard (PCI DSS) 3.2.1 to the latest v4.0 certification. This achievement underscores Crypto.com’s commitment to implementing robust security measures and maintaining stringent data privacy standards.
“Achieving PCI DSS v4.0 certification further solidifies Crypto.com’s unwavering commitment to security and data privacy by design,” said Jason Lau, Chief Information Security Officer of Crypto.com. “We are relentless in our pursuit of maintaining the highest security standards, ensuring our customers can trust our products with confidence and that we have the necessary infrastructure and safeguards to meet the expectations of today’s digital world.”
The development of PCI DSS v4.0 is driven by the need to continue enhancing standards in addressing the evolving security requirements of the payment industry, while emphasizing continuous security measures, refining validation methods, and introducing greater flexibility and adaptability in achieving security.
PCI DSS v4.0 retains the core 12 security requirements but adapts to the evolving threat landscape by integrating new technologies into its framework. Despite the industry deadline for PCI DSS v4.0 certification being set for March 2025, Crypto.com has taken proactive steps to become one of the first in the cryptocurrency sector to achieve this standard.
“We are incredibly proud of this latest certification as it is a testament to our unwavering commitment to security and compliance, which has been a cornerstone of our business since day one,” said Kris Marszalek, CEO of Crypto.com. “We will continue investing aggressively in building a most trusted platform for our users that maintains the highest standards of security and privacy in the industry.”
Crypto.com’s achievement of the PCI DSS v4.0 certification fortifies its position as a leading virtual asset service provider, underscoring its commitment to meeting the highly regulated standards of the traditional financial industry. Previously, Crypto.com became the first virtual asset platform to achieve multiple certifications across all platforms including SOC2 Type 2, ISO 27017 and ISO 27018 for cloud security and privacy certifications in 2023, ISO 22301 for Business Continuity Management in 2021, ISO 27701 for Privacy Information Management System in 2020, and ISO 27001 for Information Security Management Systems in 2019, as well as by conforming to the highest tier of the NIST Cybersecurity and Privacy Frameworks, and obtaining regional specific certifications like the Data Protection Trust Mark and Cyber Trust Mark in Singapore.
About Crypto.com
Founded in 2016, Crypto.com serves more than 100 million customers and is the world’s fastest growing global cryptocurrency platform. Our vision is simple: Cryptocurrency in Every Wallet™. Built on a foundation of security, privacy, and compliance, Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation and empowering the next generation of builders, creators, and entrepreneurs to develop a fairer and more equitable digital ecosystem. Learn more at https://crypto.com.
