WhiteBIT Achieves Highest PCI DSS Certification Level
WhiteBIT, the largest cryptocurrency exchange in Europe, boasting Ukrainian origins and a dedicated Ukrainian core team, has attained Level 1 certification under the PCI DSS standard, ensuring the highest degree of payment card data protection.
This certification affirms that WhiteBIT follows best practices in managing, processing, and transmitting payment card data, guaranteeing the safety and privacy of users' financial information.
WhiteBIT users can be confident that their banking details for deposits and withdrawals, especially when conducting transactions with Apple Pay or Google Pay, are well-protected against cyber threats and fraudulent activities.
Robust Fraud Prevention
By achieving PCI DSS certification, WhiteBIT ensures that it employs cutting-edge security practices like encryption, tokenization, access controls, and monitoring for payment card data. This proactive approach significantly mitigates the risks associated with data breaches and cybercrime.
Protecting Your Privacy
Diverse and Trusted Payment Solutions
WhiteBIT's PCI DSS certification enables it to support multiple secure payment methods, including bank cards from different networks. This certification also affirms that all payment providers associated with WhiteBIT comply with these established security protocols.
Standing and Trustworthiness
This certification validates that WhiteBIT meets international security benchmarks, solidifying its appeal to partners and investors worldwide.
Fostering Customer Confidence
With PCI DSS certification, clients feel safe using their bank cards, knowing their data is protected. This assurance allows them to focus entirely on analyzing their investments without security worries.
Steps to Achieve PCI DSS Certification
WhiteBIT needs to pass an annual independent audit to uphold its PCI DSS certification, assessing compliance with the 12 fundamental security principles. This audit is exclusively handled by an accredited external organization.
Additionally, WhiteBIT performs external breach testing of its platform to identify and address any potential vulnerabilities.
Understanding PCI DSS
PCI DSS, which stands for Payment Card Industry Data Security Standard, is an international standard in payment security, ensuring the safeguarding of cardholder information.
Developed by the five leading payment companies—Visa, Mastercard, American Express, Discover, and JCB—the standard ensures the highest level of data security in the industry.
PCI DSS encompasses over 300 criteria addressing various elements of information security, structured around 12 essential principles. The certification is split into four levels, defined by the annual transaction volume. Securing the highest certification is a clear validation of the dedication to providing a secure environment for customer transactions.
WhiteBIT users can be confident that their banking details for deposits and withdrawals, especially when conducting transactions with Apple Pay or Google Pay, are well-protected against cyber threats and fraudulent activities.
At WhiteBIT, the security of our clients is our utmost priority. We uphold rigorous cybersecurity standards and tirelessly strive to shield our users' data from any potential risks, states Volodymyr Nosov, CEO of WhiteBIT. With over 5 million customers placing their trust in us, we continuously introduce cutting-edge solutions to safeguard their information and ensure transparency in all our processes.
Why PCI DSS Certification Matters
Robust Fraud Prevention
By achieving PCI DSS certification, WhiteBIT ensures that it employs cutting-edge security practices like encryption, tokenization, access controls, and monitoring for payment card data. This proactive approach significantly mitigates the risks associated with data breaches and cybercrime.
Protecting Your Privacy
WhiteBIT manages card data with the utmost care, complying with the best practices in the industry to protect and maintain the privacy of clients' sensitive information.
Diverse and Trusted Payment Solutions
WhiteBIT's PCI DSS certification enables it to support multiple secure payment methods, including bank cards from different networks. This certification also affirms that all payment providers associated with WhiteBIT comply with these established security protocols.
Standing and Trustworthiness
This certification validates that WhiteBIT meets international security benchmarks, solidifying its appeal to partners and investors worldwide.
Fostering Customer Confidence
With PCI DSS certification, clients feel safe using their bank cards, knowing their data is protected. This assurance allows them to focus entirely on analyzing their investments without security worries.
Steps to Achieve PCI DSS Certification
WhiteBIT needs to pass an annual independent audit to uphold its PCI DSS certification, assessing compliance with the 12 fundamental security principles. This audit is exclusively handled by an accredited external organization.
Additionally, WhiteBIT performs external breach testing of its platform to identify and address any potential vulnerabilities.
Understanding PCI DSS
PCI DSS, which stands for Payment Card Industry Data Security Standard, is an international standard in payment security, ensuring the safeguarding of cardholder information.
Developed by the five leading payment companies—Visa, Mastercard, American Express, Discover, and JCB—the standard ensures the highest level of data security in the industry.
PCI DSS encompasses over 300 criteria addressing various elements of information security, structured around 12 essential principles. The certification is split into four levels, defined by the annual transaction volume. Securing the highest certification is a clear validation of the dedication to providing a secure environment for customer transactions.
