At Alpaca, we are committed to building a secure and trusted experience. As part of that commitment, we are pleased to announce that Alpaca has successfully completed its SOC 2 Type 2 compliance assessment.
SOC 2 defines criteria for managing customer data rooted in five trust service principles: security, availability, processing integrity, confidentiality, and privacy. Completion of the SOC 2 Type 2 compliance assessment indicates that Alpaca has demonstrated the design and operation of controls required to protect its information and systems from unauthorized access, unauthorized disclosure of information, and danger to systems that could compromise information or systems.
Alpaca has attained the Type II report which details the operational effectiveness of those systems and includes a historical element that shows how controls were managed by a business.
Developed by the American Institute of Certified Public Accountants (AICPA), System and Organization Controls (SOC) examinations are industry standards that provide service organizations independent validation of the internal administrative, technical, and physical controls for their systems, procedures, and infrastructure.