io.finnet Achieves SOC 2 Type 2 Compliance, Reinforcing Commitment to Data Security and Operational Excellence

London, UK, November 14, 2024

io.finnet, a leader in digital security providing a 24/7 digital payments platform, proudly announces that it has achieved the highest level of assurance in its SOC 2 Type 2 audit, reinforcing the company’s ongoing dedication to maintaining exceptional standards of data security and operational excellence. This milestone underscores io.finnet’s ability to consistently safeguard customer data and comply with stringent industry regulations.

The SOC 2 Type 2 audit is a rigorous, extended evaluation of an organization’s operational controls, ensuring these controls are effectively maintained over time. io.finnet’s results reflect the highest possible rating for its security practices, providing customers with the assurance that their data is handled with the utmost care and precision.

Jacob Plaster, Chief Technology Officer of io.finnet, stated: “We are extremely proud to have achieved the highest level of assurance in our SOC 2 Type 2 audit. This accomplishment demonstrates not only our commitment to building robust security infrastructure but also our ability to maintain these standards continuously over time. Our clients can trust that io.finnet is a leader in operational excellence and data security.”

As the world transitions further into the digital economy, security remains a core pillar of io.finnet’s offerings. The company continues to set itself apart by incorporating advanced cryptographic security features, including Multi-Party Computation (MPC) and Threshold Signature Schemes (TSS), in its platform. io.finnet’s architecture ensures the highest levels of protection for enterprise-grade self-custody solutions, giving clients the power to manage digital assets securely and without dependence on a single point of failure.

By securing this compliance milestone, io.finnet further assures clients, ranging from traditional financial institutions to modern digital asset firms, that their data and assets are managed with rigorous care. io.finnet’s SOC 2 Type 2 compliance demonstrates their robust, consistent adherence to industry best practices, fortifying trust in their platform as they continue to evolve as leaders in secure infrastructure.

About io.finnet 

At io.finnet, we believe that secure and seamless access to digital assets is paramount. We provide innovative digital asset infrastructure solutions for various industries, including finance. Our expertise spans enterprise blockchain, cryptographic security, multi-party computation (MPC), and lightning-fast secure APIs. Our comprehensive product portfolio includes:

• io.network: A 24/7 instant settlement platform leveraging private blockchain technology.
• io.vault: A self-custody solution enabling businesses to securely manage their digital assets.
• io.flow: A network of payment providers for processing multi-currency transactions through local and cross-border payment rails.
• io.ID: A self-owned digital identity solution that empowers users to secure their online presence with unparalleled security and convenience.

For more information, visit www.iofinnet.com.