Trending...
- Climate Green Melbourne Offers Expert Installation of Panasonic 5.0kW Reverse Cycle Split System
- Punk Duo Drops Surprise Single
- New Feature for Sharepoint Archiving
CHICAGO - AussieJournal -- 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 Aussie Journal
"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 Aussie Journal
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 Aussie Journal
- Bloom Digital named Best Small SEO Agency at the 2025 APAC Search Awards
- Enjoy Year-Round Comfort with the Panasonic 5.0kW Reverse Cycle Split System
- HWPL Melbourne Interfaith Peace Tour
- Gold Coast Health Plan Distributes $225,000 for Fire Relief and Preparedness Efforts
- The Dallas Group of America, Inc. Celebrates the 50th Anniversary of Landmark Facility
"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 Aussie Journal
- Kelvin Emtech and Colm Engineering Unveil Strategic Joint Venture, to Boost Data Center and Building M&E Capabilities
- Recovery For Hacked Bigpond Email Account
- Climate Green Melbourne Offers Panasonic 5.0kW Reverse Cycle Split System Installation
- $234.3M Investment to Rebuild Australia's Environmental Health
- Citizens for West Virginia Election Integrity Calls for Urgent Reforms to Safeguard State Elections
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 Aussie Journal
- Climate Green Melbourne Offers Expert Installation of Panasonic 5.0kW Reverse Cycle Split System
- New Feature for Sharepoint Archiving
- The Power Of Online Reviews & Why They Matter
- KidsBliss and Little You Collaborate for Ultimate Summer Giveaway
- Connected Technologies Delivers Cutting-Edge Technology to Landmark Properties' Student Housing Communities
- Craft Holsters Unveils Comprehensive SIG Sauer Guides for Firearm Enthusiasts
- How Technology is Making the Florida Court System More Accessible
- DivX Unveils Revamped Guide on Mastering PS4 Streaming & Media Playback
- Discover the Culinary Heart of Le Marche: A 5-Night Food & Wine Tour + Farm to Table Cooking Classes in Italy's Hidden Gem
- The One Experience™, Inc. Announces Presenting Sponsors and Partners for Flagship Event
- Introducing HOME-OMETRY, the Social Media Network for Real Estate
- Italian iGaming Landscape Expands with Notable Merger: Gaming Report Acquires Gaming Insider
- Retrospec Appoints Nick Marvik as New Head of Growth to Lead eCommerce Expansion
- ESdat Integrates with Nearmap and MetroMap for Enhanced Mapping and Imagery
- $27 Million Funding; Coverage on Sanjay Gupta/CNN for Treatment of Suicidal Depression; Nasdaq Tier Uplisting: NRx Pharmaceuticals: Stock Symbol: NRXP
- Advanced HDR by Technicolor Enables 2024 UEFA Championship's French Broadcast in High Dynamic Range
- ®Grammy Award Winner Alex Cuba releases new single "El Día Más Triste"
- Performentor, LLC Announces 2025 Unleash People Energy® Award Winners
- LAIIER Closes Oversubscribed US$4M Seed Extension Funding Round, Led by Closed Loop Partners
- Deep Learning Robotics (DLRob) Secures European Patent Office Approval for Revolutionary Robot Learning Technology