Credit Management Data Data Security
2 mins read

CreditorWatch achieves SOC 2 Type 2 – setting the gold standard for data security

We’re thrilled to announce that CreditorWatch has successfully completed its SOC 2 Type 2 audit, marking a major milestone in our ongoing mission to protect customer data and uphold the highest standards of operational integrity.

What is SOC 2 Type 2 and why does it matter?

SOC 2 is an internationally recognised framework developed by the American Institute of Certified Public Accountants (AICPA) to evaluate a company’s controls around security, availability, confidentiality, processing integrity, and privacy. A Type 2 report goes beyond design—it validates that these controls operate effectively over time.

For our customers and partners, this means peace of mind. It’s not just a compliance checkbox; it’s a commercial differentiator. SOC 2 Type 2 helps remove friction during procurement, accelerates onboarding, and reassures risk teams that CreditorWatch meets stringent security expectations.

Our commitment to security

At CreditorWatch, safeguarding sensitive business data is at the heart of everything we do. This achievement reinforces our superior commitment to data security, as highlighted in our trust centre. From advanced encryption protocols to continuous monitoring and annual audits, we go above and beyond industry norms to ensure your information remains secure.

As stated in our security principles, data protection isn’t optional—it’s foundational. SOC 2 Type 2 is one of many steps we take to maintain trust and transparency with our customers.

ISO certification for information security management

CreditorWatch also holds ISO 27001 certification – the globally recognised standard for information security management systems (ISMS). This demonstrates that we have robust processes in place to manage and protect sensitive information against evolving threats.

What this means for you

  • Faster procurement: SOC 2 Type 2 reduces compliance hurdles for new customers.
  • Enhanced trust: Independent validation of our security, availability, and confidentiality controls.
  • Ongoing assurance: We commit to annual SOC 2 audits and continuous improvement.

Our SOC 2 Type 2 attestation is now available on our Trust Centre, with the full report accessible to customers and prospects under NDA. For a public summary, we also provide attestation confirmation upon request.

Looking ahead

Security is an ongoing journey. We’ll continue to invest in best-in-class practices, explore additional standards, and maintain annual audits to ensure we stay ahead of evolving threats.

 

Want to know more?

To learn more about how we can help you improve your cash flow management process, get in touch with our friendly team at CreditorWatch today. 

credit risk management cyber security data security ISO Certification IT Security protect your bottom line SOC 2
In 2010, Patrick became one of the three founding employees of CreditorWatch and has helped shape the business we see today. In December 2018, Patrick was appointed CEO and has driven CreditorWatch’s significant growth and innovative product offering.
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