Nexo, a prominent establishment in the realm of digital assets, has made notable progress in enhancing the security of its cloud infrastructure by successfully obtaining the Security, Trust & Assurance Registry (STAR) Level 1 Certification from the Cloud Security Alliance (CSA). 

Nexo has recently achieved notable milestones in the digital assets field, including the successful completion of the esteemed SOC 2 Type 2 audit and the standardization of ISO 27 001 in 2019. These accomplishments serve as third-party validations that enhance Nexo’s reputation by emphasizing its commitment to client data security and transparent processes.

AWS, Google Maps, and VMWare are just a few of the companies that have chosen the CSA’s STAR certification, which reflects a rigorous, 261-question self-assessment procedure followed by third-party validation via the CSA Cloud Controls Matrix (CCM), as per the latest information shared with Finbold on September 20.

Nexo’s security process

Nexo’s rigorous security procedures and processes were verified to be in full compliance with the highest CSA criteria, providing more insight into the safeguards in place for client data and business operations. Nexo hopes to demonstrate its commitment to security, compliance, and openness by achieving CSA STAR Level 1 and publicly disclosing all existing safety measures. 

“As a company utilizing cloud services, we are determined to uphold the highest security standards in safeguarding client data with robust yet transparent frameworks. Just as we work tirelessly to deliver innovative practical solutions, the same dedication goes towards investing in our security infrastructure”, stated Nexo Co-Founder and Managing Partner Antoni Trenchev. 

Jim Reavis, CEO and co-founder of Cloud Security Alliance, added:

“CSA STAR proudly acknowledges Nexo’s participation in the STAR program and achievement in attaining the Level 1 Certificate. We are fueled with optimism when leading companies in the digital assets sector display commitment and undertake their responsibility towards cloud service security and transparency. As CSA continues to align the best practices in cloud security, we commend Nexo on their engagement with CSA’s STAR registry and journey towards customer security.” 

Nexo has built a robust security measures architecture that is compliant with the strictest regulations and standards as a result of our unwavering commitment to security, compliance, and transparency. 

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The post Nexo enhances security and transparency with CSA STAR Level 1 Certification appeared first on Finbold.

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Dennis is a business and financial writer, who had spent almost his entire life independently reporting on different business ventures with major impact on the US and global economy. Dennis places a special focus on examining tech stocks, biotech stocks all while investing a great part of his early hours to researching and writing on the companies in the US markets. Dennis has 15+ years of experience in financial markets.