Deribit Attains SOC 2 Compliance, Reinforcing Commitment to Data Security

Deribit, a leading cryptocurrency derivatives exchange, proudly announces it has secured the SOC 2 certification, a significant milestone in the ongoing commitment to ensuring the highest standards of data security and privacy.

SOC 2 (Service Organization Control 2) is a widely recognized and prestigious certification awarded by the American Institute of Certified Public Accountants (AICPA). It attests to the effectiveness of an organization’s information security policies and procedures, specifically in relation to the protection of customer data. This achievement of the SOC 2 Type I certification underscores Deribit’s dedication to safeguarding client information and maintaining a robust security infrastructure.

Deribit CISO, Anthony Sweeney, expressed enthusiasm about the achievement, stating, “We are thrilled to have achieved SOC 2 compliance, a testament to our unwavering dedication to data security and privacy. This milestone, following on from our ISO 27001 Certification, reinforces our commitment to providing a secure environment for our clients and partners, and it reflects the hard work and dedication of our entire team.”

Key Highlights of SOC 2 Certification:

• Enhanced Data Security: The certification demonstrates Deribit’s implementation of stringent security measures to protect sensitive data from unauthorized access, ensuring the confidentiality, integrity, and availability of information.
• Commitment to Compliance: Deribit has successfully met the rigorous criteria set by the AICPA for SOC 2 compliance, showcasing the company’s commitment to regulatory and industry standards.
• Client Trust and Confidence: The certification assures users that their data is secured in accordance with the highest standards.

Deribit Chief Commercial Officer Luuk Strijers added “I am excited to announce our attainment of SOC 2 security certification. This achievement underscores our unyielding commitment to top-tier security standards. Deribit looks forward to leveraging the SOC 2 certification to further enhance its position as a trusted partner in the cryptocurrency derivatives market and is committed to maintaining the highest level of security and compliance in the years to come.”

The SOC 2 certification process involved a comprehensive examination of Deribit’s information security policies, procedures, and practices by an independent third-party auditing firm. This certification instills confidence in Deribit’s clients and partners and demonstrates Deribit’s commitment to handling customer data with the utmost care and in accordance with robust security protocols.

About Deribit

Deribit is a centralized, institutional-grade crypto derivatives exchange for options and futures trading based in Panama City, Panama. Deribit’s state-of-the-art infrastructure offers instantaneous price discovery, low latency trading, advanced risk mitigation services, and deep liquidity via its network of top-tier market makers. Led by a team with decades of experience in options trading across all markets, Deribit facilitates a significant majority of all crypto options trading and has robust proof of assets and liabilities procedures to ensure the exchange is held to the highest of standards.

Deribit has been consistently acknowledged as a leader in space as one of few exchanges to secure the ISO 27001 certificate and was named Best Exchange for Innovation by Hedgeweek.

For additional information, visit Deribit here.

Media Contact

M Group Strategic Communications (on behalf of Deribit): [email protected]