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EAST LANSING, Mich., May 17, 2021 /PRNewswire/ -- Earlier this month, financial technology provider Quavo, Inc. announced that the company received their Service Organization Control (SOC) 2 Type 1 Compliance Certification. This certification reinforces Quavo's service commitments and confirms that all system requirements were achieved based on the trust services criteria relevant to the security standards set forth by AICPA. The announcement comes as part of Quavo's dedication to implementing the importance of their client's security and safety.
SOC 2 is an auditing procedure designed to ensure that third-party service providers or simply service organizations can securely manage data to protect the interests and privacy of clients. In December, the internal IT, Finance, and HR Quavo teams began working diligently to enhance its overall data security policies. As of April 28, 2021, the company received the issued report and is officially SOC 2 Type 1 compliant.