At QuantumPad, we are unwavering in our commitment to delivering accurate, reliable, and secure data analysis solutions for the financial industry. We are thrilled to announce that we are on the verge of achieving SOC 2 Type 1 compliance—a significant milestone that further solidifies our dedication to data security and customer trust.
The audit, conducted by Da Hua Certified Public Accountants, an independent and esteemed auditing firm, rigorously evaluated our processes, procedures, and controls. The assessment covered key aspects of security, confidentiality, and privacy, aligning with the stringent standards expected in the financial sector. This compliance milestone is a testament to our continuous efforts to ensure the highest level of protection for our customers' data.
In the financial industry, where data integrity and security are paramount, earning and maintaining customer trust is critical. SOC 2 is a widely recognized compliance framework that assesses a service organization's ability to manage and protect customer data securely and confidentially. Achieving SOC 2 compliance demonstrates our commitment to upholding these standards, providing our customers with the confidence they need to trust our platform.
What is a SOC 2 Type 1 Report?
A SOC 2 Type 1 report attests to an organization's controls at a specific point in time. It evaluates the design and implementation of these controls, ensuring they meet the required security and confidentiality standards. This report is a crucial first step in our ongoing journey to maintain and enhance data security.
How Can I Access QuantumPad’s Type 1 Report?
Current and potential customers can request a copy of our SOC 2 Type 1 report, available under NDA. To obtain a copy, please contact our sales team.
Ongoing Security Commitments
At QuantumPad, our commitment to data security doesn’t stop here. Our next goal is to achieve SOC 2 Type 2 compliance, which will further demonstrate our dedication to protecting customer data with the highest standards of security, confidentiality, and privacy. We remain committed to evolving our security practices to meet and exceed the needs of our customers as we continue to grow.
Frequently Asked Questions:
Does QuantumPad train on customer data?
No, QuantumPad does not use customer data for training. Customer data is stored separately in an Azure subscription, and the training environment does not have access to this data.
Does QuantumPad encrypt customer data?
Yes, QuantumPad uses industry-standard encryption (AES 256) for data at rest and HTTPS/TLS for data in transit.
What safeguards are in place to prevent the product from taking unintended actions?
QuantumPad incorporates both technical and procedural safeguards to minimize unintended actions. These include:
Rigorous manual and automated testing by our engineering and QA teams to ensure workflows operate correctly.
Workflows are backed by predefined functions restricting the AI to intended actions, such as limiting inputs to specific fields.
Strictly defined operating steps ensure actions are limited to those specified by the customer and implemented by our engineering team.
Does QuantumPad have System for Cross-domain Identity Management (SCIM) capabilities?
Currently, QuantumPad does not support SCIM but is considering it for future releases. For more details, please contact your account representative.
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