KYC2020 Successfully Completes the SOC 2 Type 2 Audit
Txylo.com/10283680

CHICAGO - Txylo -- Sanction Screening and Know Your Business (KYB) platforms handle highly sensitive personal information, necessitating a commitment to data protection as rigorous as their dedication to delivering top-quality, compliant services. At KYC2020, we prioritize trust and confidence by upholding transparency and verifiable auditability as our core principles.

We are proud to announce the successful completion of our SSAE 21 SOC 2 Type 2 (Service Organization Control) Audit for our SaaS AML Compliance Platform for the period from September 1, 2023, to February 28, 2024. This milestone underscores KYC2020's commitment to delivering robust security, confidentiality and data integrity in its AML/KYC Sanction, PEP, and Negative News Screening Solutions.

The SOC 2 Type 2 audit, conducted by Riskpro, evaluated KYC2020's systems and processes across multiple Trust Service Principles and Criteria for Security, Availability, Processing Integrity, Confidentiality and Privacy. Riskpro is a risk management and compliance consulting firm that specializes in financial audits, risk advisory, IT advisory, SOC 2 audits and more. Their extensive experience and understanding of financial reporting and cybersecurity ensured a thorough and efficient audit process.

More on Txylo.com

• InventHelp Inventor Develops New Hand Free Back Scrubber (HOF-486)
• Why Southlake Families Trust Wright Smiles for Gentle & Personalized Dental Care
• Etan Polinger Officially Recognized As New Mexico's First Certified Ai Consultant
• Expert Law Attorneys Nominates 2025 Personal Injury Firms
• Texas: Governor Abbott Announces Federal Assistance For Pauline Road Fire

"Achieving the SOC 2 Type 2 certification is a significant milestone for KYC2020. It demonstrates our commitment to upholding the highest standards of data security and privacy for our customers," said Rajeev Bahri, CEO of KYC2020 LLC. "This certification reinforces our dedication to safeguarding sensitive customer data and continually enhancing our information security practices."

The SOC 2 is an auditing framework created by the American Institute of Certified Public Accountants (AICPA). It is recognized as the gold standard in security and privacy. It assesses an organization's processes and controls relevant to cybersecurity, privacy, and data security and requires companies to implement strict information security policies and procedures.

KYC2020 is also proud to have previously achieved the ISO/IEC 27001:2022 certification and we remain committed to making enhancements in our security practices, fostering a culture of trust and reliability and leading the industry in data protection and privacy standards.

More on Txylo.com

• The Ripple Effect Arts Leverages Social Media to Showcase the Benefits of Magic Magnesium Spray, Driving 200% Audience Growth
• Viva Santa Fe Fest! A Thrilling Carnival Experience Coming to Colony Ridge!
• Governor Abbott Announces Film Friendly Texas Designation For Sweetwater
• The Law Offices of Mark M. Childress Celebrates 'National Single Parent Day' by Educating Single Parents about Ways to Help Children Cope with Divorce
• America Is Being Ripped Off: It's Time To Take Action Against Fraud & Foreign Exploitation

ABOUT KYC2020

KYC2020 is an industry leader in AML compliance technology. The company's mission is to make AML compliance easy, effective, and affordable for enterprises of all sizes. KYC2020 provides global watchlist data, screening, and decisioning solutions to over 250 global customers. Organizations rely on its platform, DecisionIQ for global Sanctions, PEP, Adverse Media, KYB screening, and Ongoing Monitoring. KYC2020 helps its customers speed up onboarding and stay compliant while delivering a significant reduction in manual workloads and overall cost of AML compliance. For more information, visit  www.kyc2020.com