In 2023, incidents of knowledge breaches, exposures, and leakages impacted over 350 million people, underscoring a essential want for sturdy information safety measures. With this type of danger atmosphere, clients and customers need proof that they will belief you and your service suppliers to maintain their information safe. Enter SOC 2 Kind 2, an indispensable framework for enterprises dedicated to the very best information safety requirements. However what precisely is SOC 2 Kind 2? And why is it vital? In right this moment’s information, we’ll discover the intricacies of SOC 2 Kind 2 and canopy the very best SOC 2 choices in Web3!
Are you wanting to elevate your Web3 tasks with top-tier safety? Then it’s best to know that Moralis stands out as the primary and solely SOC 2 Kind 2 licensed Web3 infrastructure supplier. So, if you wish to begin constructing with the {industry}’s most trusted Web3 APIs, contact us right this moment or study extra about our dedication to information safety!
What’s SOC 2 Kind 2?
SOC 2 Kind 2 – brief for ”Service Group Management 2 Kind 2” – is a safety framework providing pointers on how organizations ought to defend delicate information from safety incidents, unauthorized entry, and different vulnerabilities. In brief, it’s the gold commonplace for information safety and the operational effectiveness of a corporation’s safety controls over time!
The SOC 2 Kind 2 framework focuses on 5 Belief Companies Standards (TSC) developed by the American Institute of Licensed Public Accountants (AICPA). Right here’s what it entails:
- Safety: The system is safeguarded from unauthorized entry.
- Availability: Knowledge is obtainable for shoppers and workers, making certain they will proceed their each day operations.
- Processing Integrity: System processing is full, correct, legitimate, well timed, and approved.
- Confidentiality: Delicate data is protected against unauthorized entry.
- Privateness: Confidential private data is safeguarded from unauthorized customers.
Throughout a SOC 2 Kind 2 audit, an impartial get together evaluates an organization’s safety measures associated to the TSC above over an prolonged interval. Every criterion has particular necessities, and the corporate implements inside controls to fulfill these requirements.
Compliance with SOC 2 Kind 2 demonstrates an organization’s dedication to sustaining a excessive degree of knowledge safety and is a essential consider establishing belief with companions, clients, and customers. And that is typically a non-negotiable requirement for enterprises that depend on software program suppliers.
SOC 2 Kind 1 vs. SOC 2 Kind 2
Whereas SOC 2 Kind 2 is the gold commonplace for information safety, it’s not the one framework. One other distinguished instance is SOC 2 Kind 1. However what’s the distinction between the 2? Let’s discover out within the following chart:
SOC 2 Kind 1 vs. SOC 2 Kind 2 | ||
SOC 2 Kind 1 | SOC 2 Kind 2 | |
What’s it? | An audit that evaluates the design of cybersecurity controls at a sure cut-off date. | An in-depth audit evaluating the effectiveness of cybersecurity controls over an prolonged interval (3-12 months) to make sure they perform as they need to. |
Objective | Be certain controls are well-designed to safeguard buyer information in accordance with the TSC. | Assess the working effectiveness of safety controls to make sure steady performance and safety. |
Audit Time | It may be accomplished in weeks, enabling a fast compliance answer. | It takes 12 months to finalize, leading to an in-depth overview of management effectiveness over an extended time interval. |
Splendid For | Organizations that want rapid compliance verifications as a result of urgent offers. | Organizations in search of a complete demonstration of their long-term dedication to information safety. Important for enterprise offers demanding greater assurances. |
Why Select? | Brief-term answer for when formal methods will not be but in place – a step in the direction of SOC 2 Kind 2. | Offers the very best degree of assurance for purchasers and customers. The gold commonplace for information safety and operational effectiveness of controls over time. Essential for enterprises. |
Why Ought to You Care About SOC 2 Kind 2 in Web3?
So, why must you care about SOC 2 Kind 2 in Web3? To reply this query, let’s discover the advantages of working with SOC 2 Kind 2 compliant service suppliers when constructing Web3 tasks!
- Enhanced Safety: To earn a SOC 2 Kind 2 certification, the service supplier should set up and observe strict safety insurance policies and procedures. This contains placing measures in place to guard information in opposition to unauthorized customers, breaches, and different safety incidents. So, when working with a SOC 2 Kind 2 licensed supplier, you will be assured that each your information and your clients’ information are safeguarded.
- Reliability and Availability: The SOC 2 Kind 2 framework evaluates a Web3 service supplier’s operational effectiveness over time. Which means the supplier not solely has sturdy safety measures in place but in addition a system that demonstrates constant efficiency. For you and your corporation, that is an assurance that you could proceed your operations always.
- Aggressive Benefit: By leveraging a Web3 service supplier with SOC 2 Kind 2 certification, you possibly can show your dedication to excessive requirements of reliability and safety. This could be a important aggressive benefit, particularly in industries the place belief and safety are paramount.
With an summary of SOC 2 Kind 2 and why it’s vital, let’s now discover the very best SOC 2 infra supplier in Web3!
What are the Finest SOC 2 Choices in Web3?
Among the many most distinguished Web3 infrastructure suppliers, Moralis stands out as the primary and solely totally SOC 2 Kind 2 compliant choice. So, if you happen to’re in search of a protected and safe crypto information supplier on your Web3 tasks, then Moralis is the way in which to go!
However what precisely does this imply for Moralis?
Getting the SOC 2 Kind 2 certification marks a major accomplishment that highlights Moralis’ dedication to safeguarding our shoppers’ data and information. And the certificates isn’t solely a badge of honor but in addition a testomony to our firm’s dedication to the very best commonplace in cybersecurity.
Because the chart above illustrates, two of our main rivals, Alchemy and QuickNode, don’t maintain SOC 2 Kind 2 certificates. QuickNode is SOC 2 Kind 1 compliant and acquired the certification again in 2022. Alchemy is neither SOC 2 Kind 1 nor SOC 2 Kind 2 licensed.
So, if you happen to’re in search of the very best SOC 2 licensed infra supplier in Web3, Moralis is the go-to alternative!
How Did Moralis Change into the First SOC 2 Kind 2 Licensed Web3 Infra Supplier?
Incomes our SOC 2 Kind 2 certificates implies that Moralis has undergone a radical analysis of knowledge safety practices. Passing this course of ensures that our safety controls are designed appropriately and have been working effectively over an prolonged time interval to maintain our shopper’s information protected and confidential. Primarily, the SOC 2 Kind 2 certificates ensures that Moralis meets the gold commonplace when it comes to information safety.
So, if you happen to want to construct dapps safer and extra securely, be sure to enroll with Moralis right this moment!
Construct with a SOC 2 Kind 2 Compliant Web3 Infra Supplier – Exploring Moralis’ Web3 APIs
Now that you already know extra about Moralis’ dedication to information safety, you is likely to be enthusiastic about constructing tasks with our Web3 APIs. And, to offer you an summary of Moralis, let’s dive a bit deeper into our industry-leading options and companies!
Moralis is a number one crypto information supplier that helps firms drive engagement, increase development, and construct compelling consumer experiences. Our top-tier Web3 APIs energy industry-leading Web3 tasks, together with MetaMask, Delta, and so forth., for hundreds of thousands of finish customers worldwide.
In our complete suite of improvement instruments, you’ll discover greater than ten use case-specific APIs that make Web3 improvement a breeze. Some distinguished examples embody the Pockets API, Token API, NFT API, and plenty of extra. With these top-tier Web3 APIs, you possibly can seamlessly construct every part from cryptocurrency wallets to decentralized exchanges (DEXs) with out breaking a sweat.
Let’s discover among the primary advantages of utilizing Moralis’ Web3 APIs:
- Complete: All our API responses are enriched with metadata, market information, transaction decodings, labels, and far more. Consequently, we’re in a position to provide Web3’s most complete APIs, designed to reduce the variety of calls wanted to construct dapps.
- Easy: With our use case-specific APIs, Web3 improvement turns into extra accessible than ever. This provides you extra time to deal with constructing compelling consumer experiences and bringing extra worth to your clients.
- Trusted: Moralis is trusted by industry-leading enterprise clients, together with MetaMask, Delta, Blockchain.com, and plenty of others.
To focus on the advantages of Moralis additional, let’s discover some examples of distinguished interfaces you’ll discover in our Web3 API suite!
Pockets API
Moralis’ Pockets API helps over 500 million addresses throughout the largest chains, together with Ethereum, Polygon, BNB Sensible Chain (BSC), and plenty of others. And when utilizing this interface, you possibly can seamlessly combine pockets performance into any of your dapps!
With the Pockets API, you possibly can effortlessly fetch a pockets’s token balances, internet price, transaction historical past, and far more with single endpoints. In flip, this instrument permits you to seamlessly construct every part from portfolio trackers to wallets.
To showcase the accessibility of the Pockets API, try our endpoint for fetching the web price of a pockets down under:
import fetch from 'node-fetch'; const choices = { methodology: 'GET', headers: { settle for: 'utility/json', 'X-API-Key': 'YOUR_API_KEY' }, }; fetch('https://deep-index.moralis.io/api/v2.2/wallets/0xd8da6bf26964af9d7eed9e03e53415d37aa96045/net-worth?chainspercent5B0percent5D=eth&chainspercent5B1percent5D=polygon&exclude_spam=true&exclude_unverified_contracts=true', choices) .then(response => response.json()) .then(response => console.log(response)) .catch(err => console.error(err));
All it’s important to do is substitute YOUR_API_KEY
, configure the parameters, and run the code. In return, you’ll get a complete response showcasing the entire internet price of the handle and particular person values for every chain:
{ "total_networth_usd": "4286806.08", "chains": [ { "chain": "eth", "native_balance": "1085515469813080189177", "native_balance_formatted": "1085.515469813080189177", "native_balance_usd": "3550067.16", "token_balance_usd": "735008.04", "networth_usd": "4285075.20" }, { "chain": "polygon", "native_balance": "426857449018746625825", "native_balance_formatted": "426.857449018746625825", "native_balance_usd": "445.31", "token_balance_usd": "1285.57", "networth_usd": "1730.88" } ] }
Token API
With the Token API, you get seamless entry to all of the ERC-20 information it’s essential to construct subtle dapps. This interface helps each single token throughout the largest chains, together with meme cash like Shiba Inu, stablecoins like USDC, and every part in between.
With the Token API, you will get token balances, metadata, costs, and extra with simply single strains of code. As such, when working with Moralis, now you can simply construct every part from token explorers to portfolio trackers with none hassle.
To focus on the comprehensiveness of the Token API, try the endpoint above, supplying you with every part it’s essential to construct a portfolio view of a pockets with one single name:
import fetch from 'node-fetch'; const choices = { methodology: 'GET', headers: { settle for: 'utility/json', 'X-API-Key': 'YOUR_API_KEY' }, }; fetch('https://deep-index.moralis.io/api/v2.2/wallets/0xcB1C1FdE09f811B294172696404e88E658659905/tokens?chain=eth', choices) .then(response => response.json()) .then(response => console.log(response)) .catch(err => console.error(err));
Merely substitute YOUR_API_KEY
together with your Moralis API key, configure the parameters, and execute the script. In return, you’ll get a response containing all of the balances of the pockets, together with metadata, costs, and far more:
{ //... "end result": [ { "token_address": "0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48", "symbol": "USDC", "name": "USD Coin", "logo": "https://cdn.moralis.io/eth/0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48.png", "thumbnail": "https://cdn.moralis.io/eth/0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48_thumb.png", "decimals": 6, "balance": "4553447", "possible_spam": false, "verified_contract": true, "balance_formatted": "4.553447", "usd_price": 1.001818879776249, "usd_price_24hr_percent_change": 0.1818879776249283, "usd_price_24hr_usd_change": 0.0018221880998897314, "usd_value": 4.561729172660522, "usd_value_24hr_usd_change": 0.008297236936878599, "native_token": false, "portfolio_percentage": 100 }, //... ] }
NFT API
The NFT API helps over three million NFT collections throughout all the most important chains. This contains every part from established tasks like Pudgy Penguins to tokens that dropped simply seconds in the past. So, if you happen to’re constructing NFT-based tasks, be sure to leverage the Moralis NFT API for all of your information wants!
With the NFT API, you possibly can fetch NFT balances, metadata, costs, and extra with single API calls. As such, that is the proper instrument for anybody constructing NFT marketplaces, Web3 video games, or portfolio trackers.
To point out you ways simple it’s to make use of the NFT API, please try the instance under, the place we use an endpoint to fetch the NFT stability of a pockets:
import Moralis from 'moralis'; attempt { await Moralis.begin({ apiKey: "YOUR_API_KEY" }); const response = await Moralis.EvmApi.nft.getWalletNFTs({ "chain": "0x1", "handle": "0xff3879b8a363aed92a6eaba8f61f1a96a9ec3c1e" }); console.log(response.uncooked); } catch (e) { console.error(e); }
Change YOUR_API_KEY
together with your Moralis API key, configure the parameters, and run the code. In return, you’ll get a response containing an array of all NFTs held by the pockets in query:
{ //... "end result": [ { "amount": "1", "token_id": "5021", "token_address": "0xfff54e6fe44fd47c8814c4b1d62c924c54364ad3", "contract_type": "ERC721", "owner_of": "0xff3879b8a363aed92a6eaba8f61f1a96a9ec3c1e", "last_metadata_sync": "2024-03-15T09:39:00.991Z", "last_token_uri_sync": "2024-03-15T09:38:50.990Z", "metadata": null, "block_number": "14647390", "block_number_minted": "14647390", "name": "Youtopia", "symbol": "Youtopia", "token_hash": "d4719eaf84eabcf443065b0a463f5886", "token_uri": "http://api.youtopia-official.xyz/ipfs/5021", "minter_address": "0x13f11fd2c7c7be94674651386370d02b7aac9653", "verified_collection": false, "possible_spam": true, "collection_logo": "https://i.seadn.io/gae/e3uNxyaqT0FfnhcF9SuMqCZd3pdF36wgcnpRJ0VDjLOP71g_LwrFRgLweNNCMvsMqR5ZZ4dh5Wble12PBzvncmpLbtmdVdjr5zMy8w?w=500&auto=format", "collection_banner_image": "https://i.seadn.io/gae/n9j18OhplkvqP5SOtuYDwpUVkJSwF6WkIV6vZMWjcm0D5qCpbd12cAaVlfZS8-3gjxjYsnjL_tIlVIsjXz28KejPB3D19Jc_MZ9Z?w=500&auto=format" }, //... ] }
Please try the official Moralis documentation to study extra about our APIs and discover different endpoints!
Abstract: What’s SOC 2 Kind 2? – Exploring the Finest SOC 2 Choices in Web3
In 2023, over 350 million individuals have been affected by information breaches, leaks, and different exposures. This danger atmosphere highlights the necessity for strong information safety measures. And that is exactly the place SOC 2 Kind 2 enters the equation!
However what’s SOC 2 Kind 2?
SOC 2 Kind 2 is a safety framework evaluating the effectiveness of safety controls put in place to guard delicate data from safety incidents, unauthorized entry, and different vulnerabilities. In essence, it’s the gold commonplace for cybersecurity.
Within the Web3 house, the primary and solely infra supplier with a SOC 2 Kind 2 certification is Moralis. Incomes this certification was a major accomplishment for us, highlighting Moralis’ dedication to safeguarding shopper information. We turned SOC 2 Kind 2 licensed after a rigorous audit the place a 3rd get together evaluated our safety controls over an prolonged time interval to make sure that they labored as they need to.
When you loved this Web3 SOC 2 information, take into account studying extra content material right here on the weblog. As an example, try our information evaluating the {industry}’s main Web3 API suppliers or dive into blockchain information analytics!
Additionally, do you know you possibly can join with Moralis at no cost? So, if you happen to haven’t already, register an account right this moment and begin constructing with the {industry}’s most secure Web3 APIs immediately!