Idaho-based Sekady Capital, a provider of secure payment solutions and project management software for the construction industry, successfully completed an audit process and received its Service Organizational Control (SOC) 2 compliance certification.
This milestone certifies that Sekady maintains and conforms to a globally recognized standard in its storage and handling of sensitive client information.
“Cybersecurity is paramount in real estate and construction payments, and in money movement,” said Sekady President Thayne Boren in a release. “With that in mind, memorializing our controls and security protocols with SOC 2 was a clear step for us. We believe in safeguarding our customers and staying vigilant with their confidential information. This is not just a one-time event but rather a continuous effort for our organization.”
Certification ensures standards for security, availability, processing integrity, confidentiality and privacy are set and maintained. It also requires that trust principles are successfully adhered to and regular system penetration testing is performed.
The SOC 2 audit was administered by Eide Bailly, LLP, and adhered to the American Institute of Certified Public Accountants (AICPA) guidelines. It entailed examination of Sekady’s policies, procedures and systems under the Trust Services Criteria.