News & Events

SOC 2 Compliance

Date of Events: January 24, 2024

Lateetud is proud to announce it has successfully completed the System and Organization Controls (SOC) 2 Type II examination in recognition of its commitment to information security. Developed by the American Institute of CPAs (AICPA), SOC 2 (System and Organization Controls) defines criteria for managing customer data based on five “trust service principles” — security, availability, processing integrity, confidentiality, and privacy.

A SOC 2 examination provides organizations with a report on an organization’s internal controls and how it protects customer data and sensitive information. It is the standard for data security among digital companies in the U.S.

An independent auditor, Insight Assurance, conducted the detailed examination. Through this process,demonstrated its adherence to data security, availability and confidentiality standards developed by the American Institute of Certified Public Accountants (AICPA).

With its SOC 2 recognition, Lateetud not only protects the safety of its customers’ data today but demonstrates that it has set the right standards in place for the future.

To earn SOC 2 certification, Lateetud completed the following over a 3-month period:

• Assessment of the design and operating effectiveness of Lateetud’s controls.
• Thorough examination of security of vendors and third parties.
• Defined policies to ensure continued protection for customers and employees.

Lateetud is excited to be taking this important step to further its data protection practices. Refer trust.lateetud.com for more information.