Even Financial Achieves SOC 2 Type I Compliance
Even Financial, the leading API for financial services search, acquisition, and monetization, announced that it has successfully completed a Service and Organization Control (SOC 2) Type I examination for its industry-leading API. The audit was conducted by Schneider Downs & Co. and confirms that Even’s security practices, policies, procedures, and operations meet the SOC 2 standards for security, availability, and confidentiality.
“Offering best-in-class privacy and data security goes hand-in-hand with our ability to provide superior service to our financial institution and channel partners,” said Phill Rosen, Founder and Chief Executive Officer of Even. “Earning a SOC 2 certification reinforces our ongoing commitment to the security, availability, and processing integrity of the Even platform.”
Developed by the American Institute of CPAs, the SOC 2 audit and certification requires companies to establish and adhere to strict information security policies and procedures, which can include the security, availability, confidentiality, processing integrity, and privacy of user data. Independent audits against a common standard, such as SOC 2, ensure that Even’s partners know it meets this standard to securely manage and protect their data.