Company
Date Published
Author
Team Circle
Word count
335
Language
English
Hacker News points
None

Summary

Circle Internet Financial has achieved a significant compliance milestone by completing a System and Organization Controls (SOC) 2 Type 2 security audit, which adheres to the rigorous standards set by the American Institute of Certified Public Accountants (AICPA). This audit, conducted by an independent auditor, demonstrates Circle's commitment to safeguarding the security, availability, and confidentiality of its systems, providing a transparent view of its information security processes and controls. Unlike the SOC 2 Type 1, the Type 2 audit includes comprehensive testing, underscoring the company's dedication to protecting customer assets and maintaining trust. Over 100 controls were evaluated, further emphasizing Circle's commitment to high security standards. This achievement is part of Circle's broader mission to transform financial transactions by making them more accessible and efficient, thereby enhancing global economic opportunities.