Eric Lister, the director of service delivery at an audit firm, explained what an SOC 2 Type 2 audit means for the crypto space.
While a series of global incidents severely damaged trust in the crypto space, some still hope to regain this trust by going through processes that assure compliance with certain business standards, like the proper handling of customer data.
To learn more about what this type of security audit means for the industry, Cointelegraph reached out to Eric Lister, the director of service delivery at audit firm A-LIGN. In addition, the auditors look for documentation showing controls that ensure the procedures are operating effectively, as well as the protection of the firm’s system and its corresponding data. He said:
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