[Blockchain Today Reporter Ji-Hye Han] ProBit, the 5th largest virtual asset exchange in Korea, has obtained information security management system (ISMS) certification. ProBit has been preparing for certification quickly since last year, and on March 23, it finally received ISMS certification for the entire range, including virtual asset exchange and wallet service (Custody).
ISMS certification is a system that examines the suitability of the information protection management system established, managed and operated by a company to protect major information assets according to certification standards. ISMS certification is one of the requirements for reporting a virtual asset business entity under the Special Fund Act along with an AML system and a real name verification account. A virtual asset business entity that does not meet these requirements will no longer be able to operate after the Special Fund Act is enforced. .
In this regard, ProBit has been systematically preparing for the AML system, ISMS certification, and real name verification account, and it is known that it has recently built the industry’s best AML system through collaboration with GTONE. GT1 is the industry’s No. 1 AML solution provider that supplies financial compliance solutions to financial companies such as large banks and credit card companies, and ProBit introduced AML solutions at the same level as financial institutions from GT1.
ProBit Exchange announced that it is in close consultation with banknotes to open a real name verification account along with the news of this ISMS certification. In the case of commercial banks, strict standards are applied to the issuance of real name verification accounts due to concerns about financial accidents that may occur at exchanges or security accidents such as hacking. In this regard, the banks in consultation with ProBit highly value ProBit’s excellent security, technology, and history of hacking and security-related accidents, and further, consider the AML system built together with GT One as a great advantage. It is expected to open a confirmation account.
Exchanges that have completed ISMS certification include Upbit, Bithumb, Coinone, Gopax, and Flybit, among which ProBit Exchange is ranked 25th in the global ranking in the exchange rankings selected by the global virtual asset portal CoinMarketCap. Currently, it boasts 800,000 monthly active users and 2.5 million visitors.
Regarding the news of the ISMS certification, Do Hyun-soo, CEO of ProBit, said, “ProBit has been operating safely without a single hacking or financial accident. We will maintain a high-level security and personal information protection system to establish ourselves as the best virtual asset trading platform in Korea.”
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