Finance

Payflows Achieves SOC 2, Type 2 Accreditation

September 3, 2024
.
Martin Frérot
.
2
min

In today’s fast-paced digital landscape, where secure handling of sensitive data is more crucial than ever, safeguarding our customers’ information remains our top priority. We are pleased to announce that Payflows has successfully achieved SOC 2, Type 2 compliance, underscoring our steadfast commitment to data security and customer trust.

Enhancing Our Security Posture

SOC 2, Type 2 compliance is not merely a checkbox; it is a robust affirmation of our ongoing dedication to earning and maintaining our customers' trust. While SOC 2, Type 1 assesses the design of our security controls at a specific point in time, SOC 2, Type 2 requires consistent and demonstrable adherence to these controls over a defined period.

Throughout our compliance journey, Payflows underwent a comprehensive audit that meticulously examined over 100 controls across key departments and processes, particularly those involved in managing sensitive data. We are proud to report that we passed this audit with a 100% success rate, further validating the effectiveness and reliability of our security measures.

The Strategic Importance of SOC 2, Type 2 Compliance

Achieving SOC 2, Type 2 compliance represents more than just a certification for Payflows; it is a critical component of our commitment to our clients. Many of our clients require a SOC 2, Type 2 report to ensure their data is managed with the highest standards of security and integrity.

SOC audits play an essential role in enhancing trust, promoting compliance, and ensuring data security. For any organization managing customer data in the cloud, independent SOC audits provide an objective evaluation that safeguards sensitive information and strengthens confidence among stakeholders. This distinction offers our clients a higher level of assurance, reinforcing the trust they place in us and highlighting our dedication to maintaining exceptional data protection standards.

With our SOC 2, Type 2 accreditation, Payflows solidifies its position as a leading SaaS provider for modern finance teams, equipped to deliver secure and reliable services to our clients. We remain committed to upholding these high standards and continually refining our processes to meet and exceed industry expectations.

For more information about our SOC 2, Type 2 accreditation and how it benefits our clients, please contact a member of our team.

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