Secure Personnel
Money Circle takes the security of its data and that of its clients and customers seriously and ensures that only necessary and fully vetted personnel are given access to that data.
All Money Circle employees and contractors undergo background checks in accordance with applicable law and industry best practices.
Non-Disclosure Agreements are signed by all employees, contractors, and others who have a need to access sensitive data or information stored on company servers.
We embed the culture of security into our business by conducting employee security training & testing using current and emerging techniques.
Secure Development
All development projects at Money Circle, including support services, follow secure development lifecycle principles.
All development of new products, tools, and services, and major changes to existing ones, undergo a design review to ensure security requirements are incorporated into the proposed development.
Secure Testing
Money Circle deploys third-party penetration testing and vulnerability scanning of all production and Internet-facing systems on a regular basis.
We perform penetration testing both by internal security engineers and external penetration testing companies on new systems and products or major changes to existing systems, services, and products.
Data Security
Money Circle leverages the native physical and network security features of its cloud services and relies on cloud providers to maintain the infrastructure, services, and physical access policies and procedures.
All data is also encrypted at rest and in transmission to prevent any unauthorized access and prevent data breaches. Our entire platform is also continuously monitored by dedicated, highly trained data security personnel.
Business client and consumer data protection complies with SOC 2 Type II standards to encrypt data in transit and at rest, ensuring customer and company data/sensitive information is protected at all times.
We implement role-based access controls and the principles of least-privileged access, and review revoke access as needed.
Compliance
Money Circle is committed to providing secure products and services and to safely and easily manage the digital identities of our users. Our independent certifications provide assurance of Money Circle’s dedication to our customers by regularly assessing and validating the protections and effective security practices Money Circle has in place.
SOC 2 Type II
Money Circle has successfully completed the AICPA Service Organization Control (SOC) 2 Type II audit. The audit confirms that Money Circle’s information security practices, policies, procedures, and operations meet the SOC 2 standards for security.
Money Circle, was audited by Prescient Assurance, a leader in security and compliance certifications for B2B, SAAS companies worldwide. Prescient Assurance is a registered public accounting in the US and Canada that provides risk management and assurance services which include but are not limited to SOC 2, PCI, ISO, NIST, GDPR, CCPA, HIPAA, CSA STAR, etc. For more information about Prescient Assurance, you may reach out them at info@prescientassurance.com
An unqualified opinion on a SOC 2 Type II audit report demonstrates to Money Circle’s current and future customers that we manage their data with the highest standards of security and compliance.
Customers and prospects can request access to the audit report after the requestor signs an NDA. Please fill out the formhereto request a SOC 2 report and accept NDA terms.