ZenLedger, a well-known platform for crypto tax and forensic accounting, has announced that it has successfully attained SOC 2 Type 1 compliance. This accomplishment is important for ZenLedger as it demonstrates the effectiveness of its security controls and procedures.
The SOC 2 Type 1 Compliance is a framework developed by the American Institute of Certified Public Accountants (AICPA) to evaluate an organization’s capacity to maintain a secure and confidential environment for customer data.
ZenLedger reportedly worked with Secureframe, a platform that facilitates organizations in achieving and preserving global compliance standards, to achieve SOC 2 compliance. Secureframe aided ZenLedger’s compliance process and enabled them to constantly monitor, track, and address any compliance requirements.
Pat Larsen, CEO and co-founder of ZenLedger, stated:
“Achieving SOC 2 Compliance is a must for us in order to ensure trust from our community.”
Larsen acknowledged the seriousness with which ZenLedger regards its responsibility to safeguard customer data. Larsen cited the team’s attainment of SOC 2 compliance as proof of their unwavering commitment and diligent efforts to provide its customers with a secure data ecosystem.
ZenLedger’s adherence to top-notch information security standards was verified by independent auditor Boulay, with the SOC 2 compliance serving as a testament to the company’s dedication to safeguarding customer data through the implementation of best practices.
Boulay has confirmed that ZenLedger’s controls for security, confidentiality, availability, privacy, and processing integrity align with the leading industry standards.
ZenLedger, founded in 2017, is a platform that simplifies tax obligations for cryptocurrency investors and tax experts by consolidating transaction data from various sources into an easy-to-use dashboard.
ZenLedger supports over 400 exchanges, 40 blockchains, 20 DeFi protocols, NFTs, and all wallets, making it easy for users to stay compliant.
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