Currents Achieves SOC 2 Type 1 Certification
We're happy to announce that Currents has successfully completed the SOC 2 Type 1 examination!
Achieving SOC 2 Type 1 certification demonstrates that we have the right controls in place to secure our systems and processes. Our dedication to safeguarding customer data and ensuring a secure operational environment remains at the core of everything we do.
Certification Process
As part of the certification process, we underwent a rigorous examination of our security controls, policies, and procedures. We have reinforced rules and practices related to data protection, operational availability, access controls, and incident response to meet the stringent requirements of the SOC 2 framework.
We have collaborated with AssuranceLab - a leading provider of SOC 2 compliance services, to complete the audit. AssuranceLab praised our team's approach and the quality of the compliance and security deliverables.
It was the fastest SOC 2 Type 1 turnaround time we've ever seen! That is a huge testament to your team, the quality of your evidence, and how rigorous you have been with ensuring your controls are implemented properly.
Catherine Hornby - AssuranceLab
Next Steps
While we're proud to have reached SOC 2 Type 1 compliance, this is just the first step. We are now focused on preparing for SOC 2 Type 2 certification by March 2025, which will assess the ongoing effectiveness of these controls over time.
What is SOC 2?
SOC 2, developed by the American Institute of Certified Public Accountants (AICPA), is an auditing framework that evaluates how companies manage and protect data across five key areas:
- Security: Protection of systems and data from unauthorized access.
- Availability: Ensuring services are available and operational.
- Processing Integrity: Guaranteeing that data processing is accurate and authorized.
- Confidentiality: Safeguarding sensitive information.
- Privacy: Managing personal data according to applicable regulations.
Our team worked diligently over the past several months, providing detailed evidence and documentation to support our compliance efforts. The SOC 2 Type 1 validates the design of our security controls at a specific point in time.
Accessing the Report
Our SOC 2 Type 1 report is available to current and prospective customers at our Trust Center We look forward to continuing our focus on security and compliance as we grow and enhance our platform.
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