Tether announces completion of SOC 2 Type 1 audit
2024-04-01 12:28:20
On April 1st, according to official sources, Tether announced the completion of the SOC 2 Type 1 audit, which is a major security update for the stablecoin issuer. The SOC 2 Type 1 audit inspection is a security compliance standard established by the Institute of Certified Public Accountants (AICPA) in the United States. The SOC 2 Type 1 report is based on security, availability, processing integrity, and confidentiality, ensuring that Tether has strong IT control measures to ensure its system security, access when needed, and ensure the privacy of information.
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