ChainThat has successfully achieved SOC 2 Type II compliance for its Beyond Policy Administration (BPA) platform, marking a significant milestone in the company’s commitment to delivering secure and reliable services.
This accomplishment reinforces ChainThat’s dedication to maintaining the highest standards in operational excellence and data protection.
SOC 2 (Service Organisation Control 2) is a stringent auditing standard developed by the American Institute of Certified Public Accountants (AICPA). It assesses an organisation’s ability to securely manage customer data based on five key trust principles: security, availability, processing integrity, confidentiality, and privacy.
Achieving Type II compliance signifies that ChainThat has undergone rigorous evaluation over an extended period, typically ranging from six months to a year, ensuring ongoing adherence to these principles.
For ChainThat’s customers, this achievement provides reassurance that robust policies, procedures, and systems are in place to protect their sensitive data. The compliance milestone highlights the company’s proactive approach to risk management and its commitment to fostering a culture of transparency and accountability.
The journey to compliance has been a result of meticulous planning and rigorous implementation of security protocols. ChainThat has integrated advanced security measures and maintained transparent processes to create an environment where data protection is paramount.
Despite this milestone, ChainThat remains committed to continuous improvement and adapting to evolving security threats. The company views SOC 2 Type II compliance as a stepping stone in its ongoing mission to exceed industry standards and build trust with its stakeholders.
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