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Read on to learn about the team at wealth.com's experience and expertise with data security and why achieving this type of security accreditation is paramount to Wealth's mission to modernize estate planning.
PHOENIX , Aug. 9, 2022 /PRNewswire-PRWeb/ -- Wealth Inc. (wealth.com), the most comprehensive digital estate planning platform, announced today that it achieved SOC 2 Type II compliance in accordance with American Institute of Certified Public Accountants (AICPA) standards for SOC for Service Organizations also known as SSAE 18. Achieving this standard with an unqualified opinion serves as third-party industry validation that Wealth provides enterprise-level security for customer's data secured in their digital estate planning software.
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Wealth is now the only digital estate planning platform to obtain a SOC 2 Type II certification.
"With decades of experience in data security working with some of the most prominent global financial institutions, our team at Wealth has put data protection at the forefront of everything we do, as evidenced by our SOC2 Type II certification." said Peter Shirley, CTO at Wealth.
Achieving SOC 2 Type II compliance, which is more rigorous and time-intensive than standard SOC 2 Type I compliance, sets Wealth apart as the only digital estate planning platform with this level of security accreditation.
"Security is paramount for us, we understand our responsibility for keeping customer data safe. The SOC 2 Type II audit process demonstrates our commitment to meeting the most rigorous security, availability and confidentiality standards in the industry. It verifies that wealth.com's security controls are in accordance with the AICPA Trust Services Principles and Criteria." said Rafael Loureiro, CEO at Wealth.
Wealth was audited by http://www.prescientassurance.com/Prescient Assurance, a leader in security and compliance attestation for B2B, SAAS companies worldwide. Prescient Assurance is a registered public accounting in the US and Canada and provides risk management and assurance services which includes but is not limited to SOC 2, PCI, ISO, NIST, GDPR, CCPA, HIPAA, and CSA STAR. For more information about Prescient Assurance, you may reach out to them at info@prescientassurance.com.
The SOC 2 Type II audit report and the associated accreditation demonstrates to Wealth's current and future members that Wealth manages their data with the highest standard of security and compliance.
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About Wealth
Rigorous data security standards and third-party auditing is standard practice for the founders of Wealth, experts in data security and fraud prevention, who sold their previous company Emailage to LexisNexis®.
Wealth.com is a digital estate planning platform designed by experts in trust and estate law. It is available to customers directly throughout the United States as well two key tailored segments:
- For employers to offer the Wealth platform as an employee benefit
- For Fiduciaries to offer their clients the Wealth platform
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Media Contact: Lucas Miller
lucas.miller@wealth.com
Media Contact
Lucas Miller, Wealth Inc, 1 +1 (855) 456-0333, lucas.miller@wealth.com
SOURCE Wealth Inc
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.