ChainCatcher news, according to official sources, Tether has announced the completion of its SOC 2 Type 1 audit. This is said to be a significant security update for the stablecoin issuer. The SOC 2 Type 1 audit is a security compliance standard established by the American Institute of Certified Public Accountants (AICPA). The SOC 2 Type 1 report is based on security, availability, processing integrity, and confidentiality, ensuring that Tether has robust IT controls in place to secure its systems, ensure accessibility when needed, and guarantee the confidentiality of information.

ChainCatcher news, cryptocurrency exchange Bitfinex has announced that it has completed the SOC 2 Type 2 audit. SOC 2 Type 2 compliance is a rigorous and comprehensive assessment that confirms Bitfinex's adherence to strict information security protocols.

ChainCatcher news, the encrypted options trading tool SignalPlus has obtained the international information security management standard ISO/IEC 27001 certification and the SOC 2 certification focusing on information security management. In addition, SignalPlus stated that it conducted simulated cyber attack tests, successfully withstood security challenges through third-party white hat hackers' penetration, and received an A+ security rating issued by an authoritative security organization.

ChainCatcher message, Binance has successfully passed the SOC 2 Type II compliance audit. This audit was conducted by the third-party assessment firm A-LIGN, which primarily evaluated the protection of Binance's systems and data security. The assessment agency verified the effectiveness of the control measures implemented by Binance in daily operations.

ChainCatcher news, the Web3 security auditing company CertiK has passed the audit by the American Institute of Certified Public Accountants (AICPA) and received the SOC 2 Type I certification issued by the organization. The SOC 2 Type I certification is a standard proposed by the AICPA to ensure that service organizations meet customer data security requirements. CertiK underwent a comprehensive audit and assessment of security controls, processes, and policies through an independent third-party audit, meeting the SOC 2 standards.Previously reported, CertiK announced on July 11 that it had completed the audit of the automated market maker (AMM) on XRPLedger. CertiK examined potential vulnerabilities in its underlying smart contract framework and assessed the overall security of the AMM. In early June, CertiK was also awarded a $500,000 reward by SUI for successfully discovering and reporting a new type of security threat named "Hamster Wheel" on the SUI network.

ChainCatcher news, digital asset custody solution provider Cobo announced that it has obtained SOC 2 Type II certification for data security and privacy standards. This certification was granted after a months-long extensive audit of Cobo's security policies, procedures, and controls by the third-party auditing firm Deloitte.It is reported that the SOC 2 Type II report provides assurance that Cobo's security measures are reliable and effective, demonstrating Cobo's ability to protect customer data from unauthorized access, maintain system availability, and ensure the integrity and confidentiality of processes. (Source link)