NEW YORK, May 9, 2018 - Socure achieved compliance certification for three ISO/IEC 27000 standards

Compliance in the field of pertaining to the privacy, confidentiality, and security controls of ID+ system and service. These internationally recognized standards help organizations keep information assets — including personally identifiable information (PII) about consumers —  secure, private, and confidential within a cloud-based environment.

The certification was issued by A-lign, an independent and accredited certification body, following the successful completion of a formal audit that verified Socure’s process and controls meet the requirements of ISO 27001, 27017 and 27018. Socure also completed its annual re-attestation of its SOC 2 type 2 report with an expanded scope that now includes privacy and security controls. A-lign tested the operational effectiveness of controls, and certified that Socure satisfies rigorous ISO standards in ensuring the confidentiality, integrity, and availability of customer data.

Data privacy, security, and integrity are essential for our customers, but also for consumers,” said Tom Thimot, CEO of Socure. “In an industry that relies on trust, the latest ISO certifications and SOC 2 type 2 report provides our prospects, customers, and their customers the confidence of knowing that Socure adheres to international Trust Services Principles standards for security and confidentiality.

The ISO certifications also overlap the tenets laid out in the forthcoming General Data Protection Regulation (GDPR) requirements for EU citizens. Recent updates to the Socure Privacy Policy include these considerations for GDPR, as well as several other modifications. This commitment demonstrates Socure’s respect for privacy with domestic, as well as international customers, and the information about consumers that Socure processes.

The policy can be seen at: https://www.socure.com/privacy

Socure has developed a patented, predictive analytics platform called ID+ that verifies whether digital identities are authentic, synthetic, or stolen. The company’s deep learning technology establishes an unprecedented level of trust and certainty for financial transactions.  The ID+ platform applies advanced data science techniques to hundreds of sources of consented online, social, mobile, and offline data to verify identities in real-time.

Media Contact:
Marc Gendron
Marc Gendron PR for Socure
781-237-0341
marc@mgpr.net

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Socure is the leading platform for digital identity trust. Its predictive analytics platform applies artificial intelligence and machine learning techniques with trusted online/offline data intelligence from email, phone, address, IP, device, velocity, and the broader internet to verify identities in real time. The company has more than 500 customers across the financial services, gaming, telecom, and e-commerce industries, including three of the top five banks, seven of the top 10 card issuers, three of the top MSBs, the top payroll provider, the top credit bureau, and over 100 of the largest and most successful FinTechs. Marquee customers include Chime, Varo Money, Public, Stash, and DraftKings. Investors include Accel, Commerce Ventures, Scale Venture Partners, Flint Capital, Capital One Ventures, Citi Ventures, Wells Fargo Strategic Capital, Synchrony, Sorenson, Two Sigma Ventures, and others.

Socure has received numerous industry awards and accolades, including being named to Forbes America’s Best Startup Employers 2021, being awarded Best New Technology Introduced over the Last 12 Months – Data and Data Services at the 2020 American Financial Technology Awards (AFTAs), being ranked number 70 in Deloitte’s Technology Fast 500™, being listed as a Gartner Cool Vendor, being recognized by Forbes as one of the Top 25 Machine Learning Startups to Watch, being named to CB Insights: The FinTech 250, and being awarded Finovate’s Award for Best Use of AI/ML, to name a few.

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