Crypto.com achieves ISO 27017 and ISO 27018 security and privacy certifications

Crypto.com has been certified with ISO 27017 for security in the cloud and ISO 27018 for privacy protection in the cloud as audited by SGS, an internationally-recognized certification authority. These two certifications, both firsts for a digital asset… Continue reading Crypto.com achieves ISO 27017 and ISO 27018 security and privacy certifications

Suspicious withdrawals were indeed a ‘security incident,’ $30M stolen, Crypto.com says

Crypto.com has confirmed that more than $30 million in cryptocurrency was stolen from some of its users earlier in the week, ending several days of confusion over what exactly happened during what the company is labeling a “security incident.” The hack affected the wallets of 483 users, with the thieves aiming for 4,836.26 in ether (about $15 million), 443.93 in bitcoin (roughly $18 million) and approximately “$66,200 in other currencies,” Crypto.com said in a report Thursday. All of those funds have been restored, the company said. “No customers experienced a loss of funds,” the report said. “In the majority of cases we prevented the unauthorized withdrawal, and in all other cases customers were fully reimbursed.” Crypto.com did not specify who the crooks might be, or where the attack originated. But in describing the incident,  it pointed to a now-remediated soft spot in its user authentication process. Risk monitoring systems had […]

The post Suspicious withdrawals were indeed a ‘security incident,’ $30M stolen, Crypto.com says appeared first on CyberScoop.

Continue reading Suspicious withdrawals were indeed a ‘security incident,’ $30M stolen, Crypto.com says

Crypto.com achieves SOC 2 certification to strengthen its security and privacy standards

Crypto.com announced it has successfully completed the Service Organization Control (SOC) 2 Audit, conducted by globally recognized audit and consulting firm Deloitte, which affirms that Crypto.com’s information security practices, policies, procedures… Continue reading Crypto.com achieves SOC 2 certification to strengthen its security and privacy standards