Blogs > Pismo achieves SOC 2 compliance to strengthen trust through security
24 July –

Pismo achieves SOC 2 compliance to strengthen trust through security

This milestone demonstrates the strength of our security and governance controls

Pismo
3 mins

Pismo is pleased to confirm that our next-generation platform is now SOC 2 Type II compliant.

This milestone demonstrates the strength of our security and governance controls, which are designed to align with industry standards and meet the expectations of clients and partners across the financial ecosystem. an important component in our ongoing work to provide secure, reliable, and scalable services to financial institutions.

What is SOC 2?

SOC 2 is a framework developed by the American Institute of Certified Public Accountants (AICPA) for evaluating how service providers manage and protect customer data. It’s part of the broader System and Organisation Controls (SOC) suite of audits.

SOC 2 Type II is one of the most rigorous assessments of operational security available today. Unlike Type I, which evaluates systems and policies at a single point in time, Type II assesses the effectiveness of controls over an extended period, usually six months or more. This ensures that an organisation’s practices are well designed and consistently followed.

SOC 2 revolves around five criteria: security, availability, processing integrity, confidentiality, and privacy. Together, these criteria provide a comprehensive picture of how well an organisation protects the systems and data entrusted to it. The audit process involves detailed scrutiny by an independent third-party firm, examining everything from access controls and encryption standards to incident response procedures and employee training protocols.

Why it matters for financial institutions

The financial services industry continues to move toward cloud-based architectures, unlocking new levels of agility, scalability, and innovation. But this transition can also introduce greater complexity. With that complexity comes heightened scrutiny from regulators, partners, and end users.

SOC 2 compliance provides an independent, internationally recognised signal that an organisation takes its security responsibilities seriously and has controls in place to detect and respond to risks effectively.

For banks, fintechs, and digital marketplaces working with Pismo, this certification provides reassurance that our platform aligns with modern standards of resilience and governance.

How Pismo approaches security

As a cloud-native solution built from the ground up, Pismo incorporates security best practices at every architectural level.

We operate under a zero-trust framework, meaning no device, user, or network is trusted by default, even if it resides within the organisation’s perimeter. Access is controlled and validated. We use real-time threat detection systems and automated compliance monitoring to maintain visibility and control across our infrastructure.

Our engineering teams follow secure development lifecycle practices, and we conduct frequent internal reviews to ensure policies and controls remain effective and relevant. Employee training, role-based access, and change management are integral to our operational culture.

Market certifications demonstrate how seriously we take cybersecurity and privacy. Although SOC 2 compliance signifies robust security measures, it doesn’t guarantee absolute security. It is one of many best practices we implement to protect sensitive data.

A broader commitment

SOC 2 joins Pismo’s portfolio of certifications that reflect our commitment to data protection and operational excellence. This includes ISO 27001 (information security management), PCI DSS (payment card data security), PCI PIN (PIN transaction security), and SOC 1 Type II (controls over financial reporting).

Each of these certifications plays a different role in our governance framework, helping our clients scale with greater confidence in their ability to meet regulatory obligations and customer expectations.

From real-time financial processing to modern digital onboarding, every interaction with our platform is underpinned by a strong, auditable control environment. We remain committed to evolving our platform, enhancing our controls, and staying ahead of emerging threats.

To learn more about how Pismo helps financial institutions deliver secure, modern financial experiences, reach out to our team.

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