io.finnet Achieves SOC 2 Type 1 Compliance, Demonstrating Commitment to Transparency and Data Security

(London, Jan 30th, 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.

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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.

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“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.”

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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.

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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.

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About io.finnet

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io.finnet is a leading tech company committed to leveraging cutting-edge technology to enhance security in the digital world. Their mission is to empower institutions with the latest advancements in technology, including multi-party computation (MPC), enterprise blockchain, and secure APIs. As a leading provider of core infrastructure, they cater to both traditional finance and modern digital asset finance, as well as other industries.

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io.finnet's primary objective is to create secure, seamless, and regulatory-friendly products that rebuild trust in the digital world. By combining blockchain technology, cryptographic security, and MPC, io.finnet aims to revolutionize the way Financial Institutions and Corporations operate. With their offerings, institutions can enjoy instant settlement solutions, seamless multi-currency transactions, and the ability to self-custody digital assets in the most secure way. To learn more, visit www.iofinnet.com.