Built with Enterprise Grade Security: Niva is now SOC 2 Type 2 Certified

We are proud to announce that Niva has achieved SOC 2 Type 2 certification, providing independent validation of the enterprise-grade security measures we uphold. This significant milestone reinforces our relentless commitment to protecting your data with the highest standards of privacy and security.

Why This Matters

As part of Know Your Business (KYB), we handle a vast amount of sensitive and confidential information on behalf of our customers, most of whom are regulated financial institutions. This information includes corporate documents, financial records, data on associated individuals, and other critical details necessary for thorough business verification. Protecting this data isn’t just important—it’s absolutely essential.

While we’ve always implemented robust security protocols, the SOC 2 Type 2 certification provides you with verified assurance from an independent auditor that our controls and processes meet the highest industry standards. In addition to the robustness, our processes and controls are also transparent, giving you clear insights into how your data is protected.

What does SOC 2 Type 2 evaluate?

SOC 2 Type 2 is an in-depth audit that evaluates how we handle and protect your data over an extended period. Unlike the Type I report, which assesses controls at a single point in time, the Type 2 report verifies the effectiveness of these controls over several months. This means you can have greater confidence in our ongoing commitment to data security.

The certification evaluates the effectiveness of our security controls related to the following criteria:

1. Security: We ensure that only authorized individuals can access sensitive information by implementing strong safeguards like firewalls, encryption, multi-factor authentication, and intrusion detection systems to prevent hackers or unauthorized users from accessing your data or our systems.
2. Availability: We take measures to guarantee that our services are reliable and accessible to you at all times. These measures include building redundancy, regular maintenance, network monitoring, and having disaster recovery plans in place to minimize downtime and quickly address any issues that arise.
3. Processing integrity: We have controls to make sure that when we handle your data, it’s processed correctly and remains uncorrupted. These controls involve continuous validation checks, error detection mechanisms, and authorization protocols to ensure all transactions are legitimate, accurate, and timely.
4. Confidentiality: We protect confidential data through encryption, secure storage solutions, and strict access controls. Our policies prevent unauthorized sharing or disclosure, ensuring that sensitive information is only accessible to those who need it.
5. Privacy: We handle personal data (such as names, contact information, and identification numbers) responsibly by obtaining consent, limiting use to intended purposes, and allowing individuals control over their information.

Our continuous commitment to trust and security

We understand that when you choose Niva, you’re entrusting us with critical and sensitive data, and we don’t take that responsibility lightly. This certification is not a one-time feat. We conduct recurring audits and regularly update our security protocols to meet and exceed industry standards.

If you have any questions about our SOC 2 Type 2 compliance or how we safeguard your data, please don’t hesitate to reach out.

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