Tether Secures Prestigious SOC 2 Type 1 Compliance, Bolstering Trust and Security for USDT Users

Tether has announced a major security update following an independent audit of the company's security controls. The SOC 2 Type 1 audit, developed by the American Institute of Certified Public Accountants (AICPA), evaluated Tether's IT control measures and found the company具备了"组织所能展示的最高级别的安全合规性".

Tether Achieves Prestigious SOC 2 Type 1 Security Compliance, Underscoring Commitment to Data Integrity and Trust

Tether, the leading issuer of the widely utilized stablecoin USDT, has proudly announced the successful completion of an independent System Organization Control (SOC 2 Type 1) audit, solidifying its unwavering dedication to the highest standards of security and compliance. Conducted by an impartial third-party auditing firm, the meticulous examination assessed Tether's robust information technology (IT) control measures against industry-renowned benchmarks for information security, availability, processing integrity, confidentiality, and privacy.

The SOC 2 Type 1 audit, developed by the American Institute of Certified Public Accountants (AICPA), serves as a rigorous evaluation framework for organizations seeking to demonstrate their adherence to stringent security protocols and operational best practices. By successfully navigating this comprehensive audit, Tether has earned the distinction of meeting the most rigorous security compliance standards attainable by any organization.

"This significant achievement is a testament to Tether's unwavering commitment to maintaining the highest levels of security and compliance in the industry," remarked Paolo Ardoino, Chief Executive Officer of Tether. "The independent validation of our stringent security controls underscores our unwavering dedication to being the world's most trusted and compliant stablecoin."

The comprehensive SOC 2 Type 1 audit meticulously scrutinized Tether's IT infrastructure and operational procedures, paying meticulous attention to critical aspects such as:

• Implementation of robust authentication protocols to safeguard customer accounts from unauthorized access
• Deployment of industry-leading firewalls and intrusion detection systems to shield systems from cyber threats
• Maintenance of exceptional network reliability to ensure seamless access to services for users
• Prompt resolution of any system issues to minimize potential disruptions

"By achieving SOC 2 Type 1 compliance, we provide our valued customers with the assurance that their assets and sensitive data are managed within a meticulously controlled environment that adheres to the most stringent standards for data protection and information security," Ardoino emphasized. "This milestone serves as a resounding affirmation of our unwavering commitment to transparency, trust-building, and constructive engagement with regulatory authorities."

Tether's pursuit of SOC 2 Type 1 compliance is part of a broader, proactive strategy to continuously enhance its security posture and foster trust among its users. The company has pledged to undergo a subsequent SOC 2 Type 2 audit, which will involve a more in-depth examination of the operating effectiveness of its internal controls over a 12-month period spanning 2024 and 2025.

This unwavering dedication to security and compliance underscores Tether's unwavering commitment to providing a stable and trustworthy platform for its users. By adhering to the highest industry standards and embracing a culture of transparency, Tether reinforces its position as the leading provider of digital currency solutions, empowering users with confidence in the security and integrity of their digital assets.