Fraud.net Secures SOC2 Type 2 Certification with Zero Exceptions

FOR IMMEDIATE RELEASE

NEW YORK, NY – Fraud.net, an award-winning innovative fraud and risk management platform, is thrilled to announce the successful achievement of the SOC2 Type 2 certification with zero exceptions, marking a significant milestone in its ongoing commitment to data security and operational excellence. This esteemed certification, awarded by the American Institute of CPAs (AICPA), underscores Fraud.net's dedication to maintaining the highest standards of data protection and customer privacy.

The SOC2 Type 2 certification is a rigorous, independent audit that evaluates a company's systems and processes against the AICPA's Trust Services Criteria. Achieving certification with no exceptions signifies that Fraud.net has exceeded the stringent requirements for security, availability, processing integrity, confidentiality, and customer data privacy.

"Earning this certification with zero exceptions is a testament to our team's hard work and our unwavering commitment to ensuring the safety and security of our customer's data. This achievement not only highlights our robust security practices but also reinforces the trust that our clients and partners place in us." - Rajeev Yadav, CISO

The independent audit process vetted Fraud.net's operational procedures, security policies, data management practices, and compliance with industry standards. This achievement is a rare differentiator in the fraud prevention and cybersecurity market, providing current and prospective customers assurance that Fraud.net operates with integrity and reliability.

Fraud.net remains committed to upholding these standards and continuously improving its security measures to meet the evolving challenges in data protection and cybersecurity. Additionally, Fraud.net adheres to other standards such as NTIS-LADMF, PCI-DSS SAQ.D, and GDPR.

For more information about Fraud.net’s security and compliance program, click HERE.

About Fraud.net:‍

Fraud.net delivers an AI-native platform for fraud prevention, AML compliance, and digital risk management. Trusted by financial institutions and digital commerce enterprises worldwide, our patented solution prevents fraud, money laundering, and financial crimes in real-time while automating customer screening, monitoring, and compliance workflows. Our platform leverages collective intelligence derived from billions of transactions and digital identities. With a no-code/low-code architecture that natively integrates data from 50+ leading providers, and advanced AI and rules-based decision engines, Fraud.net empowers businesses to make smarter, faster, and more profitable decisions.