Trending...
- Oliver Sean's "Devil is Back" Dominates Global Charts Once Again with Remastered Release
- North American Security Launches New Website to Reflect Evolving Industry Demands and Client-Centered Solutions
- Emerging Managers Podcast Launches, Highlighting New Players in Venture Capital Outperforming the Status Quo
CHICAGO - eMusicWire -- 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 eMusic Wire
"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 eMusic Wire
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 eMusic Wire
- The World's No.1 Superstar™ Walks Where Legends Rest: A Sacred Encounter in Rome Before the Pope's Passing
- Coming Up on "Financial Freedom with Tom Hegna" Financial Expert Parker Faulkner
- Tobu Railway Announces a Price Revision on the "NIKKO PASS All Area" and "NIKKO PASS World Heritage Area," from April 20, 2025
- Kemeny, Ramp & Renaud, LLC Welcomes Prominent Trusts and Estates Attorney Gary B. Cornick to Its Firm
- SutheDermal.com Launches: Revolutionizing Comfort in Self-Injection Therapies
"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 eMusic Wire
- Local Commitment, National Expansion
- S2C and Andes Technology Announce FPGA-Based Prototyping Partnership to Accelerate Advanced RISC-V SoC Development
- 1017 Brick Squad Records signs new artist!
- CCHR Florida to Host a Veteran Advocates Networking Event
- Students Celebrate Earth Month and Learn About the Lifecycle of Trees
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 eMusic Wire
- Webinar Announcement: Mexico's Evolving AML/CFT Environment: FATF Review and FTO Designations
- Damian Redd's "Caught in a Fantasy" Surpasses 100,000 Views on VEVO/YouTube Following Album Reissue
- The International Songwriters Day Song Contest Announces its Winners!
- "May the Fourth Be With You" Epic Star Wars Day Run/Walk in Alexandria, Va
- Museum Hack Presents Hacked Gala: A Rebellious Night of Art, Fashion, and Change at the Met
- Artist Séfora Camazano Honored with Prestigious Prize "The New Great Masters in New York"
- MoMojo Records announces posthumous album from Kip London
- Guests Can Save 20 Percent on a Florida Keys Vacation Home Rental with KeysCaribbean's 'Last-Minute Booking Discount'
- All-Woman Trial Team Wins Major Verdict in Major Case
- Iohexol Injection of Beilu Pharmaceutical Receives MA in the EU
- Thrive Cannabis Marketplace Opens New Main Street Dispensary in Las Vegas Arts District
- ReferFriends.io Officially Launches: A New Global Hub for Sharing and Discovering Referral Codes
- Emerging Managers Podcast Launches, Highlighting New Players in Venture Capital Outperforming the Status Quo
- North American Security Launches New Website to Reflect Evolving Industry Demands and Client-Centered Solutions
- Home Run Pest & Termite Control Launches Monthly Mosquito Service to Help Wylie, Plano, and Rockwall Homeowners Reclaim Their Backyards
- Jayson Warner Smith joins the cast of Tulsa King, The Good Daughter and Murdaugh Murders in 2025
- Publish Press Links For Your Band
- Digital Watchdog and Deep Sentinel Partner to Deliver Integrated AI-Powered Security Solutions
- Local Leap Marketing Wins Creative Excellence Award for Healthcare Web Design
- Home Run Pest & Termite Control Delivers No-Contract Pest Solutions to Wylie, Rockwall & Surrounding Areas