London, January 31, 2024: io.finnet, a pioneering tech firm at the forefront of digital security, is thrilled to announce the successful completion of its SOC 2 Type 1 audit. This achievement underscores io.finnet‘s commitment to robust data security and the protection of user privacy.
SOC 2 is a globally recognized standard for cybersecurity risk management controls, developed by the American Institute of Certified Public Accountants (AICPA). It provides customers with a detailed overview of the security controls implemented by service organizations. The SOC 2 Type 1 audit focuses on managing customer data based on five trust principles: security, availability, processing integrity, confidentiality, and privacy.
“We are proud to have passed this rigorous assessment, which certifies that our controls, processes and infrastructure meets the high standards required for SOC2” said Jacob Plater, io.finnet’s Chief Technology Officer. “This accomplishment demonstrates our commitment to safeguarding our customers’ . Our next goal is to achieve SOC 2 Type 2 certification, demonstrating the effectiveness of our controls.”
io.finnet is at the vanguard of the digital revolution, bridging the gap between the rapid evolution of digital infrastructure and the need for robust digital security. The company’s expertise lies in enterprise blockchain, cryptographic security, multi-party computation (MPC), and secure APIs, providing a strong foundation for industries such as finance.
By successfully completing the SOC 2 Type 1 audit, io.finnet has demonstrated its commitment to transparency and trustworthiness. This achievement reassures clients that their data is secure and managed with the utmost care.