Cake Pte Ltd Earns ISO/IEC 27001 Certification, Reinforcing Commitment to Information Security
Singapore, 25 July 2024 – Bake, the industry-leading cryptocurrency yield-earning platform, proudly announces that it has received ISO/IEC 27001:2022 certification following an extensive external audit of its information security management system (ISMS).
This certification validates Bake’s dedication to maintaining top-tier security standards in developing and maintaining its cloud-based platform for curated financial services.
About ISO/IEC 27001:2022
ISO/IEC 27001:2022 is a globally recognized standard for information security management controls published by the International Organization for Standardization (ISO).
It sets stringent requirements for managing the security of assets such as financial information, intellectual property, employee details, and data entrusted by third parties.
Achieving this certification underscores Bake’s commitment to safeguarding customer assets and data.
The Certification Process
This milestone follows Bake's security group's rigorous year-long application process. ISO/IEC 27001:2022 is esteemed as a benchmark of excellence in information security management, demonstrating Bake’s unwavering commitment to maintaining the highest possible security standards.
This certification is a significant addition to Bake's compliance roadmap as part of its core security and business pillars.
"Achieving the ISO/IEC 27001 certification is a testament to our rigorous approach to information security," said Julian, CEO of Bake. "This certification underscores our commitment to safeguarding our users' data and maintaining the integrity of our platform. Our team has worked tirelessly to meet these standards, and this achievement highlights our dedication to excellence."
Looking Ahead
The ISO/IEC 27001:2022 certification solidifies Bake’s reputation as a secure and dependable platform within the cryptocurrency industry. It highlights the company’s proactive information security stance and unwavering commitment to continuous improvement.
To maintain this high standard, Bake will undergo annual surveillance audits to ensure ongoing compliance with ISO 27001:2022 requirements. These third-party audits of security and compliance practices are integral to Bake’s broader mission of fostering trust and reliability within the blockchain ecosystem.
About Bake
Bake is a one-stop platform providing easy access to decentralized finance (DeFi) services and applications. Bake empowers customers to generate returns on their digital assets securely and transparently.
Bake combines the customer support and ease-of-use of centralized finance (CeFi) and the transparency and traceability of DeFi, shaping a superior “CeDeFi” experience for retail customers.
For more information, please visit bake.io