Trending...
- Salestrics Releases Version 2.0 to Unify CRM, Business Email, and Operations on a Single Customer Graph
- From the Racetrack to the Boardroom: Aston Martin and Aramco Formula One Partnership Accelerates Circle8 Group: (N A S D A Q: CIRC)
- DARPA Selects NRx Pharmaceuticals Defense Subsidiary for Contract Negotiations on FDA-Authorized SPARC-TMS Clinical Trial Advancing Mental Health Care
CHICAGO - ncarol.com -- Sanction Screening and Know Your Business (KYB) platforms handle highly sensitive personal information, necessitating a commitment to data protection as rigorous as their dedication to delivering top-quality, compliant services. At KYC2020, we prioritize trust and confidence by upholding transparency and verifiable auditability as our core principles.
We are proud to announce the successful completion of our SSAE 21 SOC 2 Type 2 (Service Organization Control) Audit for our SaaS AML Compliance Platform for the period from September 1, 2023, to February 28, 2024. This milestone underscores KYC2020's commitment to delivering robust security, confidentiality and data integrity in its AML/KYC Sanction, PEP, and Negative News Screening Solutions.
The SOC 2 Type 2 audit, conducted by Riskpro, evaluated KYC2020's systems and processes across multiple Trust Service Principles and Criteria for Security, Availability, Processing Integrity, Confidentiality and Privacy. Riskpro is a risk management and compliance consulting firm that specializes in financial audits, risk advisory, IT advisory, SOC 2 audits and more. Their extensive experience and understanding of financial reporting and cybersecurity ensured a thorough and efficient audit process.
More on ncarol.com
"Achieving the SOC 2 Type 2 certification is a significant milestone for KYC2020. It demonstrates our commitment to upholding the highest standards of data security and privacy for our customers," said Rajeev Bahri, CEO of KYC2020 LLC. "This certification reinforces our dedication to safeguarding sensitive customer data and continually enhancing our information security practices."
The SOC 2 is an auditing framework created by the American Institute of Certified Public Accountants (AICPA). It is recognized as the gold standard in security and privacy. It assesses an organization's processes and controls relevant to cybersecurity, privacy, and data security and requires companies to implement strict information security policies and procedures.
KYC2020 is also proud to have previously achieved the ISO/IEC 27001:2022 certification and we remain committed to making enhancements in our security practices, fostering a culture of trust and reliability and leading the industry in data protection and privacy standards.
More on ncarol.com
ABOUT KYC2020
KYC2020 is an industry leader in AML compliance technology. The company's mission is to make AML compliance easy, effective, and affordable for enterprises of all sizes. KYC2020 provides global watchlist data, screening, and decisioning solutions to over 250 global customers. Organizations rely on its platform, DecisionIQ for global Sanctions, PEP, Adverse Media, KYB screening, and Ongoing Monitoring. KYC2020 helps its customers speed up onboarding and stay compliant while delivering a significant reduction in manual workloads and overall cost of AML compliance. For more information, visit www.kyc2020.com
We are proud to announce the successful completion of our SSAE 21 SOC 2 Type 2 (Service Organization Control) Audit for our SaaS AML Compliance Platform for the period from September 1, 2023, to February 28, 2024. This milestone underscores KYC2020's commitment to delivering robust security, confidentiality and data integrity in its AML/KYC Sanction, PEP, and Negative News Screening Solutions.
The SOC 2 Type 2 audit, conducted by Riskpro, evaluated KYC2020's systems and processes across multiple Trust Service Principles and Criteria for Security, Availability, Processing Integrity, Confidentiality and Privacy. Riskpro is a risk management and compliance consulting firm that specializes in financial audits, risk advisory, IT advisory, SOC 2 audits and more. Their extensive experience and understanding of financial reporting and cybersecurity ensured a thorough and efficient audit process.
More on ncarol.com
- Boston Industrial Solutions, Inc. Introduces SAP-G70 Primer for bonding silicone to silicone and other materials
- 'Reflections: Enlightening Insights Into the Divine Mystery' — The Latest Book by Philosopher Steven Colborne
- Scott G. Hoy of Hoy Law Earns 11th Consecutive Super Lawyers Selection
- L2 Aviation Selected for U.S. Air Force KC-46 CASPER Multiple Award Contract
- Leeds Billboard Campaign Drives 188% Traffic Uplift as AI Enquiries Rise 266% for Loud! OOH
"Achieving the SOC 2 Type 2 certification is a significant milestone for KYC2020. It demonstrates our commitment to upholding the highest standards of data security and privacy for our customers," said Rajeev Bahri, CEO of KYC2020 LLC. "This certification reinforces our dedication to safeguarding sensitive customer data and continually enhancing our information security practices."
The SOC 2 is an auditing framework created by the American Institute of Certified Public Accountants (AICPA). It is recognized as the gold standard in security and privacy. It assesses an organization's processes and controls relevant to cybersecurity, privacy, and data security and requires companies to implement strict information security policies and procedures.
KYC2020 is also proud to have previously achieved the ISO/IEC 27001:2022 certification and we remain committed to making enhancements in our security practices, fostering a culture of trust and reliability and leading the industry in data protection and privacy standards.
More on ncarol.com
- Sister Files Lawsuit Against Georgia Funeral Home for Alleged Mishandling of Brother's Remains
- KeysCaribbean Resorts Offer Savings On Summer Vacations Now Through Aug. 31
- Crossroads4Hope Announces The Lipschutz Women's Fund
- Handmade Coverlet Returns Home to Piedmont Crossing
- AI, Drones, Defense & Explosive Growth: Why ZenaTech Is Emerging as One of the Most Compelling Technology Growth Stories (N A S D A Q: ZENA)
ABOUT KYC2020
KYC2020 is an industry leader in AML compliance technology. The company's mission is to make AML compliance easy, effective, and affordable for enterprises of all sizes. KYC2020 provides global watchlist data, screening, and decisioning solutions to over 250 global customers. Organizations rely on its platform, DecisionIQ for global Sanctions, PEP, Adverse Media, KYB screening, and Ongoing Monitoring. KYC2020 helps its customers speed up onboarding and stay compliant while delivering a significant reduction in manual workloads and overall cost of AML compliance. For more information, visit www.kyc2020.com
Source: KYC2020
0 Comments
Latest on ncarol.com
- Dynamic Dachshund Dog Goes Global: Remember Point Launches a New Bilingual Children's Book
- DARPA Selects NRx Pharmaceuticals Defense Subsidiary for Contract Negotiations on FDA-Authorized SPARC-TMS Clinical Trial Advancing Mental Health Care
- From the Racetrack to the Boardroom: Aston Martin and Aramco Formula One Partnership Accelerates Circle8 Group: (N A S D A Q: CIRC)
- NVM Pet Announces Leadership Transition, Promotes Next Generation of Executive Leadership
- U.N. Committee Reiterates Forced Psychiatric Detention a Human Rights Violation; CCHR Calls on the U.S. to Implement Protections
- Valgar LLC Launches The Briefing Room: Education Leaders
- New from Regal House Publishing, St. Ulphia's Dead, a dark comedy in the magical realist tradition
- New Novel WINCE Takes Unflinching Aim at American Gun Culture and Masculinity
- New Research Puts the Cost of Enterprise Decision Delay at $630 Billion a Year Across the Global 2000
- Cover Story about Matthew Cossolotto – Author of Harness Your PromisePower -- Published in July 2026 Enterprise World Magazine
- Lineus Medical Signs Partnership Agreement with DIMA MedTech to Support Expansion into Italy
- New Research: Deterministic Decompilation of Hermes Bytecode Back to Readable JavaScript
- Lionheart Holdings and KEO Energy Sign Letter of Intent for Proposed Business Combination
- First Flight Society Celebrates National Aviation Day 2026 on Wednesday, August 19th
- Marcus Christ Announces Singles: "The Hammer Goes Click" and "You Hate Me, I Hate You"
- Nina Simone and Samuel Waymon Music Scholarship Fund Opens 2026/27 Application Cycle
- Fatal FOMO May be Your Last Roll of the Dice
- Inlow Upholstery Offers Dining Chair Reupholstery for Cleveland County Homeowners
- Financial Visionary Kevin Foushee Expands Impact Through MTM LLC and Client-First Advisory Services
- Martin A. Sumichrast Joins Hawkeye Systems, Inc. as Chairman of the Board