We are pleased to announce that Verix has successfully completed its SOC 2 Type 2 Audit. During this audit, a leading cybersecurity and compliance third-party auditor reviewed our security compliance policies and practices and attested to our compliance with the standards.
So why does this matter? Our mission is to expand the ways to verify financial identity and create a new modern standard for credit reporting. This financial identity information can include sensitive details concerning one's financial health and well being. In addition, this information is critical in accessing foundational financial services, including housing, insurance, employment and others.
Meanwhile, in light of recent data breaches, it’s no surprise that companies have work to do in earning and maintaining the trust of consumers. One key component of this is investing in security on a recurring basis.
Since the company's founding, we've understood that building a responsible security culture and robust information security program would be critical for our success in earning the trust of customers, consumers, regulators, investors, and partners. Information security and compliance are core to our DNA and we are committed to ensuring that it remains one of our foundational pillars.
We're very proud of the investments we've made to date in our security infrastructure and look forward to building on that investment as we continue to scale.