Nexo, one of the world’s most popular cryptocurrency apps for beginners, has achieved Cloud Security Alliance’s Security, Trust & Assurance Registry (STAR) Level 1 Certification. This certifies Nexo’s commitment to maximize the value and utility of digital assets, and to safeguarding customer data and operations.
The certification process involves a rigorous self-assessment, followed by a third-party verification using the CSA Cloud Controls Matrix (CCM) to assess a company’s security practices. AWS, Google Maps, VMWare and other tech companies also use the CSA STAR certification.
Nexo’s verification demonstrates its commitment to the highest security standards in line with CSA’s guidelines. The company has publicly shared its security measures, and its certification, to highlight its dedication to client data security and transparency.
Antoni Trenchev, Co-Founder and Managing Partner of Nexo, stated: “As a company using cloud services, we are determined to uphold the highest security standards in safeguarding client data with robust, transparent frameworks.”
Jim Reavis, CEO and cofounder of the Cloud Security Alliance, commended Nexo for its commitment to cloud service security and transparency, adding: “We commend Nexo on their engagement with CSA’s STAR registry and journey towards customer security.”
Nexo’s ambition is to continue enhancing security and transparency through more partnerships and third-party validations. The company’s dedication to security, compliance and transparency is evident in its stringent security measures infrastructure, and its commitment to its customers inspires it to invest continuously in building confidence and trust.