Binance TH Achieves ISO Certification for Security and Privacy Excellence

Binance TH Achieves ISO 27001 and ISO 27701 Certifications: A Milestone in Digital Asset Security

In a significant development for Thailand's digital asset ecosystem, Binance TH, a joint venture between Binance's subsidiary and Gulf Edge Co. Ltd., has announced its achievement of the prestigious ISO 27001 and ISO 27701 certifications. This accomplishment is a testament to Binance TH's unwavering commitment to upholding the highest international standards in information security and privacy, reinforcing trust and confidence among users.

Understanding ISO Certifications

The ISO 27001 certification is a globally recognized benchmark for information security management, focusing on how organizations manage and protect sensitive information. Meanwhile, ISO 27701 extends this framework by addressing privacy management, ensuring that organizations can manage personal data responsibly and securely.

Significance of the Certification for Binance TH

These certifications were awarded by the British Standards Institution (BSI) after comprehensive audits evaluating Binance TH's security and privacy controls, policies, and procedures. This recognition solidifies Binance TH's position as Thailand's leading digital asset trading platform, demonstrating its dedication to maintaining robust security measures.

Statements from Binance Executives

Nirun Fuwattananukul, CEO of Gulf Binance Co., Ltd., expressed pride in this achievement, stating, "These certifications reflect our dedication to security and integrity, ensuring that Binance TH remains a reliable and trustworthy platform for users and the broader blockchain ecosystem." He emphasized the importance of maintaining the highest operational standards to foster trust in the rapidly evolving digital asset space.

Jimmy Su, Binance's Chief Security Officer, highlighted the critical role of information security governance in the sustainable growth of the blockchain and digital asset sectors. "Providing best-in-class technology and proven solutions is essential for ensuring user protection in line with global standards," he noted, underscoring Binance's commitment to supporting its Thai joint venture.

The Journey to Compliance

The achievement of ISO 27001 and ISO 27701 certifications was made possible through concerted efforts from the local Binance TH team, aided by the ongoing support from Binance’s Security Governance team. This accomplishment is part of a larger trend, as Binance has pursued similar certifications in various jurisdictions, including France, Bahrain, United Arab Emirates, Turkey, and Kazakhstan.

Going forward, Binance TH is committed to maintaining compliance with these international standards, which involves undergoing annual surveillance audits to ensure sustained adherence to ISO requirements.

Conclusion

In conclusion, the ISO 27001 and ISO 27701 certifications not only elevate Binance TH's reputation in Thailand's digital asset space but also instill confidence in users regarding the security and privacy measures in place. As the digital asset market continues to grow, Binance TH stands poised to lead the way in fostering a secure and trusted environment for all participants.

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