Trending...
- Proto-Punk Legends The Dictators Release First New Studio Album In 23 Years
- Agenda Announced for Creative Tech New York 2024
- Lions Gate Entertainment Corporation (LGF.A; LGF.B) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
CHICAGO - Nyenta -- 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 Nyenta.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 Nyenta.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 Nyenta.com
- New Rochelle: Senior Lunch at Hudson Park
- New Rochelle: Arrangements for Hon. Leonard C. Paduano
- "Monotheism and Devils" is the theologically dedicated sequel of "Prince of Eurasia" of the Islamic cleric and executive producer Prince Oak Oakleyski
- Diisocyanates and Polyisocyanates Market to Grow by USD 13.01 Billion (2024-2028) with AI-Powered Insights, Construction Boom to Drive Revenue - Technavio
- Lumilore: The Original Story of the Dragon Who Glowed by Sabine Ruh House
"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 Nyenta.com
- Vantiva Wins CSI Award for "Best Sustainability Project or Initiative" for Eco-Friendly V7c Android TV Set Top Box
- PitchSlap Prepares to Launch, Promises to Clean Up Your Inbox from Sales Email Clutter
- Amagi and BuyDRM Partner to Secure Streaming Video on PlayMedia's FAST Platform GoPlay
- Inframark Announces New Chief Financial Officer
- Hayloft Big Creek Now Pre-Leasing
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 Nyenta.com
- What is the Power of We Partners w/ Sakhi for South Asian Survivors to Combat Gender-Based Violence
- New York's JFK T6 to Set a New Standard for Travel Retail in North America in Partnership with Avolta Companies Hudson and Dufry
- Join The Flip Project to Make a Difference This Election
- European E-Signature Market Poised for Explosive Growth by 2030
- STMicroelectronics N.V. Class Action: The Gross Law Firm Reminds STMicroelectronics Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 22, 2024 - STM
- How U.S. Political Debates, Inflation, and Global Markets Shape Economic Outlook in 2024
- Poteau Launches in the U.S., Bringing a New Era of Pickup Soccer for Players Nationwide
- Ekouaer Debuts Collection at New York Fashion Week
- NMG Holding Company, Inc. and The Neiman Marcus Group LLC Announce Expiration and Final Results of Exchange Offer for Outstanding 7.125% Senior Secured Notes due 2026 and Consent Solicitation
- ISIS Terror Plot Foiled in NYC
- The Ripple Effect Arts, has launched its latest product, Organic Wild Yam Cream, capitalizing on the company's recent viral success on TikTok
- City of Rochester's West River Wall improvements project named APWA Public Works Project of the Year
- Vanda Pharmaceuticals Announces Participation in the 2024 Cantor Global Healthcare Conference
- Prince of Eurasia: Monotheism and Devils — the ultrarare Eurasian theological documentary of executive producer Prince Oak Oakleyski
- Rochester: Motorist advisory: Roadwork on West Main Street to Cause Delays
- City of Rochester's West River Wall improvements project mamed APWA Public Works Project of the Year
- SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of SPAR Group, Inc. - SGRP
- Vimaan Named in the Gartner® Hype Cycle™ Reports, 2024 for Autonomous Data Collection and Inspection
- Vantiva Unveils ONYX, its latest Smart Media Device with Advanced AI Capabilities at IBC 2024
- Saelig Introduces Ultra-Compact Affordable Amplicon Impact-Pi 100D Industrial PC