📋 Tender Overview
PassFort a Moodys Analytics company announced today it has successfully completed its System and Organization Controls SOC 2 Type 2 audit under the attestation standards established by the American Institute of Certified Public Accountants AICPA. SOC 2 engagements are based on the AICPAs Trust Service Criteria and SOC 2 audit reports focus on a service organisations non-financial reporting controls as they relate to the security of a system. The audit was conducted by Dansa DArata Soucia LLP www.darata.com. In doing so PassFort maintains its adherence to one of the most stringent auditing standards for service companies and provides additional assurance to its clients that its business process information technology and risk management controls are properly designed. The official audit report provides a thorough review of PassForts internal controls policies and processes for automated anti-financial crime and compliance solutions. It also reviews PassForts processes relating to risk management and subservice vendor due diligence as well as PassForts entire IT infrastructure software development lifecycle change management logical security network security physical and environmental security and computer operations.We are pleased that our SOC 2 report has shown we have the appropriate controls in place to mitigate risks related to the regulatory technology regtech services we provide our customers said Henry Irish Chief Technology Officer at PassFort. We are proud of our record in the audit achieving the attestation with no exceptions. Its a testament to the rigour of the team and the high standards we set as a business.
