EY Grants SOC 2 Type II Certification to Fireblocks
Fireblocks (www.fireblocks.com), an institutional platform for securely moving blockchain-based digital assets, announced its successful completion of the Service Organization Control (SOC) 2 Type II examination performed by independent audit firm Ernst and Young, reinforcing its commitment to maintain a secure operating environment for asset transfers.
Fireblocks (www.fireblocks.com), an institutional platform for securely moving blockchain-based digital assets, announced its successful completion of the Service Organization Control (SOC) 2 Type II examination performed by independent audit firm Ernst and Young, reinforcing its commitment to maintain a secure operating environment for asset transfers.
Receiving this certification allows Fireblocks to deliver technology and services that meet today’s stringent security and data protection laws globally. Fireblocks’ customers in Chicago, New York, Hong Kong, Zurich, Paris and more can be assured their data is protected, secure and compliant with their company policies, controls, and regulatory requirements.
“Our business model involves a high degree of complexity – we have to remain meticulous despite the frequency and speed at which we’re moving assets. Since launching in June, we’ve secured more than $9 billion in digital asset transfers. This requires strict compliance with guidelines that span over technology architecture, development, and continuous operations of our platform,” said Idan Ofrat, CTO and Co-Founder of Fireblocks.
Upon completion of the audit, Fireblocks received a Service Auditor’s Report with an unqualified opinion demonstrating that their policies, procedures, and infrastructure meet or exceed the stringent SOC 2 Type II criteria.
“It was critical to us that a third party audited the strict standards that we set for ourselves. That we stand above and beyond the highest industry standard,” said Michael Shaulov, CEO and Co-Founder of Fireblocks.
