Trending...
- Inkdnylon Custom Apparel Launches Cost-Saving System for Promotional Products and Custom Apparel in Chicago
- Heritage at Manalapan Introduces New Single-Family Home Community in One of Monmouth County's Most Desirable Locations
- U.S. Government Contracts in Excess of 38 Million Secured Through Partner, Establishing Multi-Year Defense Revenue Platform Through 2032: $BLIS
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
- KeysCaribbean Offers 'Skip-the-Crowds' Savings With 15 Percent Off April Stays
- New from Regal House Publishing, A Reckoning Up Black Cat Hollow, a psychological crime thriller
- Supply & Demand Chain Executive Names Puga Sankara as Recipient of 2026 Pros to Know Award
- K4Connect launches K4IQ™, an intelligence layer on FusionOS turning data into actionable insights
- Atelier 4 Appoints Museum Logistics Expert Heather Haldeman as Senior Client Advisor
"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
- AI Disruption Meets Marine Scale: Off The Hook YS, Inc. (N Y S E American: OTH) Targets Breakout Growth with NextBoat Launch and Aggressive Expansion
- Targeting the Billion-Dollar U.S. Countermeasure Market With AI-Driven Biodefense Platform: Lunai Bioworks (N A S D A Q: LNAI)
- New Global Standard for Transparency Across Critical Resources and Energy Markets: SMX (Security Matters) PLC (N A S D A Q: SMX)
- Forced Psychiatric Hospitalization Fails Vulnerable People: CCHR Urges Repeal Amid Rising U.S. Policies
- Surging Into High-Performance AI With $AMD Partnership, Patent Expansion, and Strengthened Balance Sheet: Avalon GloboCare Corp. (N A S D A Q: ALBT)
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
Filed Under: Financial
0 Comments
Latest on ncarol.com
- Hollywood's Elite Gather at the Annual WOW Creations Oscars Gifting Suite at the Universal Hilton
- Where Were the Women? Reframing the Greek Revolution Through Contemporary Art
- JGCMGS Details Architecture to Safeguard Assets From Unauthorized Phishing Scams
- 21 Days: The Malta Deadline That Could Redraw the Finnish Online Casino Map
- JEGS Launches Modern, Secure Payments Powered by PhaseZero.ai
- U.S. Government Contracts in Excess of 38 Million Secured Through Partner, Establishing Multi-Year Defense Revenue Platform Through 2032: $BLIS
- New Report Reveals Surprising Trends in Ohio Airport Accidents
- Why Your Berberine Failed: RevGenetics Unveils the Absorption Gap Solution
- WCC Kitchens and Cabinets Featured on Selling Houses Australia
- Cat Hunt Simulator : Burrow & Pounce Lands on the App Store
- Shincheonji Marks 42nd Anniversary: From a Basement to a Denomination Growing by Tens of Thousands Annually
- Jackets for Jobs Hosts Smart & Sexy® Day Detroit for Women's History Month
- Celebrate Wilbur Wright's Birthday With The First Flight Society On Thursday, April 16th!
- Tint Academy Training in Dallas Texas: Learn Window Tint & PPF Installation
- $IBG accelerates toward transformative merger with BlockFuel as $6 million raise fuels dual-industry growth strategy: N A S D A Q: IBG
- High-Growth Power Infrastructure Play Targets AI Boom: 1606 Corp. Executes Aggressive Texas Expansion Strategy: 1606 Corp. (Stock Symbol: CBDW) $CBDW
- Accelerating the Transformation into a U.S. Nuclear Fuel Cycle Leader: Frontier Nuclear and Minerals Inc. (N A S D A Q: FNUC)
- Ozz Metals Ltd Secures 1-Tonne Gold Offtake Agreement
- Jet Set: The Ultimate Coachella Afterparty
- Heritage at Manalapan Introduces New Single-Family Home Community in One of Monmouth County's Most Desirable Locations