Hich Assesses The Design Of Security Processes Ata Specific Point In Time Soc 2 Type Ii Certification How Effective Those Controls Are Over By Observing Operations For Six Months Was Granted To Cobo After An Extensive Audit 39s Policies News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SINGAPORE, May 9, 2023 /PRNewswire/ Cobo, a leading global digital asset custody solutions provider, has achieved SOC 2 Type II certification, a widely recognized standard for data security and privacy. This achievement provided by Deloitte, a leading global provider of audit and related services, reflects the company's commitment to protecting its clients' assets and data. Previously in September 2022, Cobo achieved the SOC 2 Type I certification, which assesses the design of security processes at a specific point in time. The SOC 2 Type II certification assesses how effective those controls are over time by observing operations for six months. The certification was granted to Cobo after an extensive audit of Cobo's security policies, procedures, and controls over a period of several months by a third-party auditor, Deloitte. The audit concluded that the company meets the high standards set by the American Institute of Certified Public Accountants (AICPA). As part of the ....

Jiang Changhao , American Institute Of Certified Public Accountants , Certified Public Accountants , May 9 , 023 Prnewswire Cobo , A Leading Global Digital Asset Custody Solutions Provider , As Achieved Soc 2 Type Ii Certification , A Widely Recognized Standard For Data Security And Privacy This Achievement Provided By Deloitte , A Leading Global Provider Of Audit And Related Services , Eflects The Company 39s Commitment To Protecting Its Clients 39 Assets And Data Previously In September 2022 , Obo Achieved The Soc 2 Typei Certification , Hich Assesses The Design Of Security Processes Ata Specific Point In Time Soc 2 Type Ii Certification How Effective Those Controls Are Over By Observing Operations For Six Months Was Granted To Cobo After An Extensive Audit 39s Policies , Nd Controls Overa Period Of Several Months Bya Third Party Auditor , Eloitte The Audit Concluded That Company Meets High Standards Set By American Institute Of Certified Public Accountants Aicpa As Part Certification , Obo Demonstrated Its Ability To Safeguard Customer Data Against Unauthorized Access , Aintain System Availability , Process Integrity , Nd Confidentiality The Soc 2 Type Ii Report Provides Assurance To Clients That Cobo 39s Security Measures Are Reliable And Effective Quot Obtaining Certification Isa Significant Milestone For , Uot Said Dr Jiang Changhao , He Co Founder And Cto Of Cobo Quot This Certification Attainment Showcases Our Ability To Not Just Enforce Crucial Security Policies But Also Exhibit Consistent Compliance For An Extended Duration The Soc 2 Type Ii Further Solidifies 39s Position Asa Leading Provider Secure Reliable Cryptocurrency Custodial Technology Solutions Company Commitment Providing Best In Class Measures Ensures That Its Clients 39 Assets Remain Protected Against Ever Evolving Threat Landscape Cybercrime About Founded 2017 Headquartered Singapore , Obo Is One Of The Largest Digital Asset Custodians Globally , Rusted By Over 500 Institutional Clients Across Asia , The Middle East , Nd North And South America , Ith Billions Of Dollars In Assets Under Custody Cobo Offersa Comprehensive Suite Technologies From Full Hsm Based To Co Managed Mpc , Nd Fully Decentralized Self Custody Smart Contract Based In Addition ,