Bybit Completed SOC 2 Type II Security Audit
The cryptocurrency platform successfully underwent an independent security assessment conducted by Deloitte.
Updated on Sept. 29, 2026 in Cybersecurity
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Bybit has completed its SOC 2 Type II audit, a milestone verified by an independent assessment from Deloitte. This achievement provides users with external assurance regarding the platform's security and risk-management practices.
Why it matters
As the cryptocurrency sector faces increased scrutiny, obtaining an independent SOC 2 Type II audit helps platforms validate their internal control environments. This certification serves as a professional standard for protecting data and maintaining system reliability for the company's global user base.
The SOC 2 Type II audit examined the operational effectiveness of security measures over a specific review period, complementing Bybit's existing ISO/IEC 27001 certification and PCI DSS compliance status.
The players
Bybit
Bybit is a cryptocurrency exchange that provides trading services to 80 million users worldwide.
Deloitte
Deloitte is a global professional services network that conducts independent audits and provides advisory services.
American Institute of Certified Public Accountants
This professional organization is responsible for developing the SOC 2 framework used for evaluating data security controls.
The details
Deloitte performed the independent assessment, which focused on evaluating how effectively security measures function during day-to-day operations. The audit framework, developed by the American Institute of Certified Public Accountants, ensures that management oversight supports security priorities across the firm.
Timeline
September 29, 2026: Bybit announced the successful completion of the audit.
The Tech Race
This move reflects a broader industry transition where crypto exchanges are increasingly adopting traditional financial audit standards to compete with institutional finance. By integrating the American Institute of Certified Public Accountants' SOC 2 Type II framework, Bybit is shifting from internal security protocols to externally verified benchmarks.
Users can expect increased platform reliability as these security audits enforce rigorous operational controls and management oversight. While the audit does not change daily trading fees, it strengthens the infrastructure protecting personal account data and assets.
The takeaway
Maintaining formal security certifications helps reduce the risk profile for individual traders by ensuring rigorous internal oversight. Users should prioritize platforms that undergo regular, independent third-party audits to safeguard their assets.
Further reading
Learn more about the latest industry standards and regulatory trends in Cybersecurity.
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