HUB is committed to keeping both company and client data safe as part of our key requirements for the financial services industry.
In meeting our objectives, we are pleased to announce that we have received our Systems and Operational Controls (SOC) 2 Type 1 report. This report independently validates the security controls and processes that HUB has in place.
SOC 2 is a set of standards developed by the American Institute of Certified Public Accountants (AICPA) for evaluating an organisation’s internal controls.
By becoming SOC 2 compliant, we can now provide existing and future clients with an SOC 2 Type 1 report which details how client data is kept safe:
- Continuous security monitoring
- Employee security training
- Identity and access management
- Technical security controls to encrypt data in transit and at rest
- Security incident response procedures
“We are delighted to announce that we are now SOC 2 Type 1 compliant, which meets our expectation of ensuring our client’s data is secure and safe. We will continue to enhance the security of our platform in line with market expectations.” stated Nedim Skalonjic, Chief Technology Officer, HUB.