We take your security seriously - and we have the SOC 2 report to prove it. 

Have you ever been so nervous to take an exam that you sweat straight through to your socks? We all feel that way from time to time. But when Ripple took the SOC 2 exam to prove the effectiveness of our security controls, we didn't sweat through our SOCs (or our socks, for that matter). Because your security is our priority.

Why is This a Big Deal?

We are sure you have heard about countless data breaches in recent years; in fact, you may have been part of one. As a person on the internet (Lolcats remain unfazed and unaffected by data leaks), you want to protect your information from ending up in the next breach. Anywhere that has access to your Personal Identifiable Information (PII) should have controls in place to prevent hackers from stealing your identity. 

So, What are SOC 2^® Examinations & Reports?

The Jargon:

According to the AICPA, a SOC 2^® examination is an "examination engagement to report on whether (a) the description of the service organization's system is in accordance with the description criteria, (b) the controls were suitably designed to provide reasonable assurance that the service organization's service commitments and system requirements were achieved based on the applicable trust services criteria, and (c) in a type 2 report, the controls operated effectively to provide reasonable assurance that the service organization's service commitments and system requirements were achieved based on the applicable trust services criteria. The SOC 2^® examination is performed in accordance with the attestation standards and the AICPA Guide SOC 2^® Reporting on an Examination of Controls at a Service Organization: Relevant to Security, Availability, Processing Integrity, Confidentiality, or Privacy."

The Jargon Translator:

An unbiased 3rd party makes sure that you aren't full of sh*t. If you say someone's data is safe with you, you better be ready to prove it. Furthermore, the level of security you promise better meet the standard of the organization giving you the exam. Once you (successfully) complete the exam, you get a report that proves your security is on point. Woo!

Let's Break it Down Even More

Our SOC 2 report confirms:

1. Security
   We protect our systems and data against unauthorized access
2. Availability
   Our website and systems are easily accessible whenever you need them
3. Processing Integrity
   Our systems do what they are supposed to, when they are supposed to
4. Confidentiality
   Your information is only accessible to those that need to access it
5. Privacy
   We responsibly handle your information just like we promise in our privacy policy

So now you can see why we recommend choosing services that have completed their SOC 2 examination. Because your security matters!

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