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Cardo AI achieves SOC2 Type 2 Certification increasing trust and security for its clients and partners

In an era where digital innovation is at the heart of financial services, the security of client data and operational systems is very important. Cardo AI is proud to announce that we have secured both SOC2 Type 1 and SOC2 Type 2 certifications from Thoropass. These certifications validate our ongoing efforts to uphold robust security measures, system design, and operational effectiveness, reflecting our commitment to safeguarding client data.

What is SOC2 Certification?

Service Organization Control 2 (SOC2) is an auditing procedure that ensures service providers securely manage your data to protect the interests of your organization. SOC2 is designed for tech companies, especially those storing customer information in the cloud, ensuring that they follow strict information security policies and procedures.

AICPA SOC2 Type 2 Certification

SOC2 Type 1 Certification: This certification assesses the design of security processes at a specific point in time. For Cardo AI, obtaining the SOC2 Type 1 certification means that an independent auditor has verified that our security controls are appropriately designed and implemented to protect clients’ data according to the Trust Services Criteria (TSC). This is especially critical for clients in the asset-based finance market, reassuring them that their sensitive financial data is handled with the utmost care.

SOC2 Type 2 Certification: The SOC2 Type 2 certification goes a step further by evaluating the operational effectiveness of these controls over a defined period, usually no less than six months. This means that Cardo AI’s security measures are well-designed, consistently applied, and effective over time. This certification provides an additional layer of confidence for clients and partners, knowing that Cardo AI’s commitment to security is not just theoretical but is proven in practice.

Why SOC2 Certification matter to our clients and partners?

  1. Trust and transparency: SOC2 certification serves as a testament to our transparency and integrity in managing your data. You can trust that we adhere to industry-leading practices and standards, providing you with peace of mind and confidence in our services.
  2. Continuous improvement: Our journey to SOC2 compliance doesn’t end with certification. We are committed to continuously enhancing our security posture, refining our processes, to ensure that your data remains secure and protected at all times.
  3. Data protection commitment – The SOC2 certification is a tangible representation of our promise to you – our clients and partners – that we handle your data with the utmost care and dedication to security.
  4. Security & operational integrity – This achievement signifies that our operational processes are designed and executed with high standards of security in mind.

Achieving SOC2 Type 1 and SOC2 Type 2 certifications was a rigorous but rewarding process. It involved a comprehensive review of our security policies, and customer data protection mechanisms. These certifications are not just badges of honor but reflect our ongoing efforts to safeguard client and partner data and ensure our services meet rigorous industry standards. We understand the importance of trust in our client relationships and are committed to upholding this trust through continuous improvement and diligent security practices.