We are thrilled to share an important milestone in our journey towards excellence in data security and privacy: Moralis is now the first Web3 infra provider to be fully SOC 2 Type 2 compliant.
Earning a SOC 2 Type 2 certification is a significant accomplishment that underlines Moralis’ unwavering dedication to safeguarding our client’s data, ensuring that their trust in us is well-placed and deserved.
SOC 2 compliance is not just a badge of honor; it’s a testament to a company’s commitment to the highest standards of information security. Industry leaders across the globe trust this standard, and for enterprises that rely on software providers, it’s often a non-negotiable requirement.
Achieving SOC 2 Type 2 compliance means that Moralis has undergone a rigorous evaluation of our information security practices. Passing this assessment assures that our controls are designed appropriately and operating effectively over time to keep our client’s data secure and confidential. In layman’s terms, earning a SOC 2 Type 2 certification means Moralis lives up to the gold standard of data security.
What is SOC 2 Type 2?
To become SOC 2 Type 2 certified, we needed to perform an extensive audit of our systems and processes. This is meant to ensure that our systems and processes are secure and that we adhere to them in practice.
What sets SOC 2 Type 2 apart from, e.g., SOC 2 Type 1, is its depth and rigor. Unlike a SOC 2 Type 1 certification, which assesses an organization’s policies and procedures at a single point in time, Type 2 requires a far more thorough audit. This process examines how controls are implemented and maintained over a period, typically spanning at least six months, providing a more comprehensive view of an organization’s dedication to security.
In short, while SOC 2 Type 1 can be a short-term solution for compliance, SOC 2 Type 2 provides the highest level of mature data security assurance to customers and prospects. This is why SOC 2 Type 2 compliance is absolutely essential for enterprises that take data seriously.
Moralis & Data Security
Moralis is dedicated to data security, and we’ve worked hard to be the first Web3 infra provider to earn a SOC 2 Type 2 certification. However, we are not stopping here. For us, SOC 2 Type 2 is just a small part of proving our excellence in data security and privacy.
For now, let’s just say that we have a lot more in store for 2024 when it comes to data security. If you want to learn more about how we work with data security, visit our Security page or contact us!
