Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Monday, June 07 2021 - 14:25
AsiaNet
BitMEX receives prestigious ISO information security certification
MAHE, Seychelles, June 7, 2021 /PRNewswire-AsiaNet/--

100x Group, the holding structure for the BitMEX platform - the world's leading 
cryptocurrency derivatives trading platform - today announced that it had 
received the prestigious International Organisation for Standardisation (ISO) 
information security certification ISO/IEC 27001.

The ISO is an independent global body that establishes and assesses important 
standards for a wide variety of industries and functions. ISO/IEC 27001 
provides the requirements for establishing a top-flight information security 
management system including safeguards for customer and partner data, a 
particularly important aspect for leading financial services companies.

Alex Höptner, CEO of 100x, said: "It's difficult to overstate the importance of 
information security for a platform like BitMEX. Traders trust us because of 
our track record on security - we have never lost a single Satoshi through 
intrusion or hacking. But security is never a static process and in order to 
continue to set the bar as high as possible, we sought - and were awarded - one 
of the most rigorous certifications: ISO/IEC 27001." 

The award of the ISO/IEC 27001 certification requires an extremely thorough 
audit of IT systems but goes much further. It is a thorough examination of an 
organisation's information security risks including potential threats, 
vulnerabilities and impacts of both. The certification process also requires an 
assessment of a bespoke, comprehensive set of information security controls and 
risk mitigation protocols and the implementation of a complete management 
process to ensure information security standards continue to evolve and improve.

Brian Rankin, Head of Security at 100x Group, said: "Data security is a 
cornerstone of our business and the ISO certification shows just how seriously 
we take that commitment. Working with BSI, the organisation that developed 
these exacting standards, the certification process has taken nearly a year and 
hundreds of hours of detailed audits. However, as pleased as we are, we 
recognise that this is just part of our ongoing obligation to keep our 
customers as safe as possible."

About 100x Group

100x Group explores, incubates, and pursues opportunities and investments as 
part of its mission to reshape the modern digital financial system into one 
which is inclusive and empowering. It was created by the founders of HDR Global 
Trading Limited, the company behind the cryptocurrency derivatives trading 
platform, BitMEX.

For media inquiries, please contact Ruder Finn:

Winky Chow/Jess Lo
(+852)22016474/(+852)22016473
100xGroup@RuderFinnAsia.com/BitMEX@RuderFinnAsia.com
 
SOURCE  100x Group