Blockchain-based funds transfer network ensures finance data remains as secure as possible
BOSTON, Nov. 10, 2022 /PRNewswire-PRWeb/ -- Almond FinTech, Inc announced today that it has achieved SOC 2 Type I compliance, or SSAE 18, in accordance with American Institute of Certified Public Accountants (AICPA) standards for SOC for Service Organizations. This unqualified opinion serves as third-party validation that Almond offers enterprise-level security for customers' data secured in the Almond FinTech, Inc System.
Almond recognizes the critical importance of data security and protection in the age of digital finance. Whether working with a bank or a credit union, they take pride in adhering to strict industry standards when it comes to protecting clients' most valuable asset: their data.
Maintaining SOC 2 Type I compliance typically involves rigorous testing and auditing by independent third parties. Organizations that maintain SOC 2 Type I compliance benefit from enhanced trust from their customers and partners as well as reduced risk from potential data breaches or system outages. Achieving this critical compliance standard ultimately helps Almond deliver secure services to clients worldwide.
Almond was audited by https://www.prescientassurance.com/Prescient Assurance, a leader in security and compliance attestation for B2B, SaaS companies worldwide. Prescient Assurance is a registered public accounting firm in the US and Canada. It provides risk management and assurance services which include, but are not limited to, SOC 2, PCI, ISO, NIST, GDPR, CCPA, HIPAA, and CSA STAR.
"Almond is excited to announce that we have successfully completed the SSAE 18 examination and obtained an unqualified opinion letter. This process confirms that our controls around data security are effective and operating as designed. Our entire team is dedicated to protecting our clients' information, and we are proud to receive this confirmation from a respected organization like Prescient Assurance." - CEO and Co-Founder of Almond FinTech Adam Swartzbaugh
When it comes to managing sensitive financial information, Almond understands that their customers need total peace of mind. In an unqualified opinion on the results of their most recent SOC 2 Type I audit, Almond Fintech demonstrates that they go above and beyond when it comes to safeguarding data for their customers. Not only are their security protocols highly sophisticated and constantly evolving to meet the ever-changing nature of cyber threats, they also utilize cutting-edge technologies and industry best practices to make sure their systems are always secure.
For additional information on Almond and its compliance efforts, please visit almondfintech.com/compliance
Howard Davidson, Almond FinTech, 1 6177717922, [email protected]
SOURCE Almond FinTech