Enigma Achieves SOC2 Type I Compliance, Demonstrating Its Commitment to Data Privacy and Security

Enigma, the leading provider of reliable and accessible data and intelligence on small businesses, announces that it has been certified as SOC2 Type I compliant. Enigma’s audit was conducted independently by the Cadence Group, a CPA firm with vast experience auditing software-as-a-service vendors.  This audit focused on Enigma’s data protection and security measures; along with system availability, operational and legal procedures.

Read More: Kreditech Rebrands to Monedo as It Steps Up Growth in International Lending Markets

Enigma proudly notes that its first Type I report was a “clean report” with no exceptions noted; illustrating Enigma’s dedication to maintaining a comprehensive and well-managed information security program.  Now joins a small group of security-focused software companies who are able to demonstrate the maturity of their operational and security processes with independent SOC2 attestation.

Read More: Analyticom Introduces a Scientific Model That Keeps Investments Stable During Market Volatility

Some of Enigma’s security practices include:

Encryption everywhere – Enigma follows industry best practices in encrypting all data in transit and at-rest.

Data minimization – Enigma only stores limited data/metadata necessary to maintain the service

Centralized Authentication – Enigma staff logins are centrally-managed with role-based privileges and enforcement of multi-factor authentication.  Two members of staff must authorize administrative access to the platform infrastructure on a time-limited basis.

Ongoing Monitoring – Servers and corporate devices are subject to regular security scans and real-time monitoring, with the Enigma team quickly alerted of potential issues.

Will Pizzano, CISM, Enigma’s vCISO says, “Enigma has consistently maintained a cybersecurity program at a level of maturity rarely seen at similar companies.  The security architecture at goes well beyond compliance to offer industry-leading protection to its clients’ data.  Enigma’s clean achievement of SOC2 compliance shows just how seriously Enigma takes its ongoing commitment to data privacy and security. ”

Read More: Finhabits Launches Microlearning Journeys to Help Diverse Communities Build Healthy Financial Habits