TechFlow news, Tether announced it has completed the SOC 2 Type 1 audit, marking the initial phase toward achieving the highest level of security and compliance. This audit, based on principles including security, availability, processing integrity, and confidentiality, affirms Tether's high standards in safeguarding customer data security and privacy.
Paolo Ardoino, the company's CEO, stated that this compliance milestone demonstrates Tether’s commitment to becoming the most trusted and compliant stablecoin. The company also pledged to conduct annual SOC 2 reviews to ensure its security practices consistently meet the highest standards.
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