As a leading provider of embedded commercial financing infrastructure for B2B software platforms, Kanmon is committed to maintaining the highest levels of information security. The platforms we work with and their customers trust us with valuable business data, which is why we make compliance a top priority in our product development, processes, and teams.
We are pleased to announce that Kanmon is now SOC 2 Type I compliant. This means that we have successfully passed an independent audit and meet top industry standards for software compliance and security best practices across our organization. Our customers can trust that we are committed to protecting their data.
Our System and Process
Obtaining SOC 2 Type I compliance is a rigorous process that audits against five key criteria:
- Security: This criteria tests whether customer information is protected from unauthorized access at all times, and validates the systems in place to handle that information.
- Availability: This criteria deals with the availability of our systems, including system performance, downtime, and incident handling.
- Confidentiality: This criteria involves the handling and security of data deemed confidential.
- Privacy: This criteria deals with the secure collection, handling, and storage of personal information.
- Processing: This criteria addresses the integrity of our data processing, including error detection and resolution, as well as data storage and maintenance.
Our systems were reviewed in their entirety, including the architecture and data flow. This included how data is managed and stored, as well as any third-party vendors or services we use. The review included documentation, testing, and certain recommended revisions to ensure security.
Documentation of all policies related to security and privacy was also a key part of the examination. This meant defining a series of policies across a number of compliance categories, as well as providing evidence that these policies are enforced.
At Kanmon, we are committed to protecting our customers’ data and privacy. Our customers can trust that their data is safe and secure with us, and that our systems are running smoothly.
“Achieving SOC 2 compliance is a high priority part of Kanmon’s commitment to protecting our partners’ and their customers’ data,” said Rohit Sharma, Co-Founder and COO. “We will continue to work hard to maintain these controls and improve our security posture.”
We hope that this latest certification helps to demonstrate our commitment to security, compliance and privacy at Kanmon. As we work to continuously monitor our controls over time, please don’t hesitate to reach out with any questions.
If you would like to learn more about this certification, or how we work with industry-specific platforms to offer working capital solutions to their business customers, please feel free to contact us at email@example.com.
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