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eToro Fortifies Customer Data Security with SOC 2 Certification

eToro

Story Highlights

  • eToro secures prestigious SOC 2 Type II Compliance Certification.
  • Certification validates robust data security controls and safeguards.
  • Demonstrates commitment to protecting client privacy and information.

In a proactive move to bolster data privacy and security protocols, online trading powerhouse eToro has secured the coveted SOC 2 Type II Compliance Certification. This prestigious accreditation underscores the company’s dedication to implementing robust controls and safeguards to protect sensitive client information.

The SOC (System and Organization Controls) 2 Type II certification, developed by the American Institute of CPAs (AICPA), validates that it has established and maintained stringent security measures over an extended period. This comprehensive audit, conducted by Grant Thornton from August 1, 2022, to June 30, 2023, meticulously evaluated eToro’s systems, processes, and controls.

Fortifying Trust

Hedva Ber, Deputy CEO and COO at eToro emphasized the company’s commitment to operational excellence and data security, stating, “Our clients entrust us with their money, and in return, we commit to having the very best systems and processes to safeguard both those funds and their data. Earning the SOC 2 Type II Compliance Certification highlights our dedication to the operational excellence of our custody operations, showcasing our commitment to safeguarding our clients’ data security and privacy.”

The certification verifies that the online trading powerhouse adheres to the highest standards in security, integrity, and confidentiality, providing clients with an added layer of assurance when engaging with the platform. As a technology-driven company handling sensitive customer information, eToro recognizes the paramount importance of maintaining a secure and trusted environment for its users.

By achieving SOC 2 Type II Compliance Certification, eToro has demonstrated its unwavering dedication to protecting its clients’ privacy and upholding industry-leading security practices, further solidifying its position as a reliable and trustworthy partner in the online investment landscape.