In 2023, incidents of information breaches, exposures, and leakages impacted over 350 million people, underscoring a crucial want for sturdy knowledge safety measures. With this type of danger atmosphere, prospects and customers need proof that they will belief you and your service suppliers to maintain their knowledge safe. Enter SOC 2 Sort 2, an indispensable framework for enterprises dedicated to the best knowledge safety requirements. However what precisely is SOC 2 Sort 2? And why is it necessary? In at this time’s information, we’ll discover the intricacies of SOC 2 Sort 2 and canopy the most effective SOC 2 choices in Web3!
Are you desirous to elevate your Web3 tasks with top-tier safety? Then you must know that Moralis stands out as the primary and solely SOC 2 Sort 2 licensed Web3 infrastructure supplier. So, if you wish to begin constructing with the {industry}’s most trusted Web3 APIs, contact us at this time or study extra about our dedication to knowledge safety!
What’s SOC 2 Sort 2?
SOC 2 Sort 2 – brief for ”Service Group Management 2 Sort 2” – is a safety framework providing pointers on how organizations ought to shield delicate knowledge from safety incidents, unauthorized entry, and different vulnerabilities. In brief, it’s the gold customary for knowledge safety and the operational effectiveness of a corporation’s safety controls over time!
The SOC 2 Sort 2 framework focuses on 5 Belief Providers 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 offered for shoppers and staff, making certain they will proceed their each day operations.
- Processing Integrity: System processing is full, correct, legitimate, well timed, and licensed.
- Confidentiality: Delicate info is protected against unauthorized entry.
- Privateness: Confidential private info is safeguarded from unauthorized customers.
Throughout a SOC 2 Sort 2 audit, an impartial celebration evaluates an organization’s safety measures associated to the TSC above over an prolonged interval. Every criterion has particular necessities, and the corporate implements inner controls to fulfill these requirements.
Compliance with SOC 2 Sort 2 demonstrates an organization’s dedication to sustaining a excessive stage of data safety and is a crucial consider establishing belief with companions, prospects, and customers. And that is usually a non-negotiable requirement for enterprises that depend on software program suppliers.
SOC 2 Sort 1 vs. SOC 2 Sort 2
Whereas SOC 2 Sort 2 is the gold customary for knowledge safety, it’s not the one framework. One other distinguished instance is SOC 2 Sort 1. However what’s the distinction between the 2? Let’s discover out within the following chart:
| SOC 2 Sort 1 vs. SOC 2 Sort 2 | ||
| SOC 2 Sort 1 | SOC 2 Sort 2 | |
| What’s it? | An audit that evaluates the design of cybersecurity controls at a sure time limit. | An in-depth audit evaluating the effectiveness of cybersecurity controls over an prolonged interval (3-12 months) to make sure they operate as they need to. |
| Objective | Make sure that controls are well-designed to safeguard buyer knowledge 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 evaluate of management effectiveness over an extended time interval. |
| Ultimate For | Organizations that want speedy compliance verifications resulting from urgent offers. | Organizations searching for a complete demonstration of their long-term dedication to knowledge safety. Important for enterprise offers demanding increased assurances. |
| Why Select? | Brief-term answer for when formal programs usually are not but in place – a step in the direction of SOC 2 Sort 2. | Offers the best stage of assurance for patrons and customers. The gold customary for knowledge safety and operational effectiveness of controls over time. Necessary for enterprises. |
Why Ought to You Care About SOC 2 Sort 2 in Web3?
So, why do you have to care about SOC 2 Sort 2 in Web3? To reply this query, let’s discover the advantages of working with SOC 2 Sort 2 compliant service suppliers when constructing Web3 tasks!
- Enhanced Safety: To earn a SOC 2 Sort 2 certification, the service supplier should set up and observe strict safety insurance policies and procedures. This consists of placing measures in place to guard knowledge in opposition to unauthorized customers, breaches, and different safety incidents. So, when working with a SOC 2 Sort 2 licensed supplier, you may be assured that each your knowledge and your prospects’ knowledge are safeguarded.
- Reliability and Availability: The SOC 2 Sort 2 framework evaluates a Web3 service supplier’s operational effectiveness over time. Because of this the supplier not solely has sturdy safety measures in place but additionally a system that demonstrates constant efficiency. For you and your online business, that is an assurance you could proceed your operations always.
- Aggressive Benefit: By leveraging a Web3 service supplier with SOC 2 Sort 2 certification, you possibly can display 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 Sort 2 and why it’s necessary, let’s now discover the most effective 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 absolutely SOC 2 Sort 2 compliant choice. So, if you happen to’re searching for a protected and safe crypto knowledge supplier in your Web3 tasks, then Moralis is the way in which to go!
However what precisely does this imply for Moralis?
Getting the SOC 2 Sort 2 certification marks a big accomplishment that highlights Moralis’ dedication to safeguarding our shoppers’ info and knowledge. And the certificates isn’t solely a badge of honor but additionally a testomony to our firm’s dedication to the best customary in cybersecurity.
Because the chart above illustrates, two of our main rivals, Alchemy and QuickNode, don’t maintain SOC 2 Sort 2 certificates. QuickNode is SOC 2 Sort 1 compliant and obtained the certification again in 2022. Alchemy is neither SOC 2 Sort 1 nor SOC 2 Sort 2 licensed.
So, if you happen to’re searching for the most effective SOC 2 licensed infra supplier in Web3, Moralis is the go-to selection!
How Did Moralis Grow to be the First SOC 2 Sort 2 Licensed Web3 Infra Supplier?
Incomes our SOC 2 Sort 2 certificates implies that Moralis has undergone a radical analysis of information 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 consumer’s knowledge protected and confidential. Primarily, the SOC 2 Sort 2 certificates ensures that Moralis meets the gold customary by way of knowledge safety.
So, if you happen to want to construct dapps safer and extra securely, be certain to enroll with Moralis at this time!
Construct with a SOC 2 Sort 2 Compliant Web3 Infra Supplier – Exploring Moralis’ Web3 APIs
Now that you realize extra about Moralis’ dedication to knowledge safety, you may 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 providers!
Moralis is a number one crypto knowledge supplier that helps corporations 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 on., for thousands and thousands of finish customers worldwide.
In our complete suite of growth instruments, you’ll discover greater than ten use case-specific APIs that make Web3 growth a breeze. Some distinguished examples embrace the Pockets API, Token API, NFT API, and plenty of extra. With these top-tier Web3 APIs, you possibly can seamlessly construct the whole lot from cryptocurrency wallets to decentralized exchanges (DEXs) with out breaking a sweat.
Let’s discover a number of the predominant advantages of utilizing Moralis’ Web3 APIs:
- Complete: All our API responses are enriched with metadata, market knowledge, transaction decodings, labels, and far more. Consequently, we’re capable of 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 growth turns into extra accessible than ever. This provides you extra time to deal with constructing compelling consumer experiences and bringing extra worth to your prospects.
- Trusted: Moralis is trusted by industry-leading enterprise prospects, together with MetaMask, Delta, Blockchain.com, and plenty of others.
To spotlight 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 Good 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, web value, transaction historical past, and far more with single endpoints. In flip, this instrument lets you seamlessly construct the whole lot from portfolio trackers to wallets.
To showcase the accessibility of the Pockets API, try our endpoint for fetching the online value of a pockets down beneath:
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 you must do is change YOUR_API_KEY, configure the parameters, and run the code. In return, you’ll get a complete response showcasing the full web value of the deal with 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 knowledge you want 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 the whole lot in between.
With the Token API, you will get token balances, metadata, costs, and extra with simply single traces of code. As such, when working with Moralis, now you can simply construct the whole lot from token explorers to portfolio trackers with none hassle.
To spotlight the comprehensiveness of the Token API, try the endpoint above, providing you with the whole lot you want 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 change 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:
{
//...
"outcome": [
{
"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 main chains. This consists of the whole lot 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 certain to leverage the Moralis NFT API for all of your knowledge 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 indicate you the way simple it’s to make use of the NFT API, please try the instance beneath, the place we use an endpoint to fetch the NFT steadiness of a pockets:
import Moralis from 'moralis';
strive {
await Moralis.begin({
apiKey: "YOUR_API_KEY"
});
const response = await Moralis.EvmApi.nft.getWalletNFTs({
"chain": "0x1",
"deal with": "0xff3879b8a363aed92a6eaba8f61f1a96a9ec3c1e"
});
console.log(response.uncooked);
} catch (e) {
console.error(e);
}
Substitute 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:
{
//...
"outcome": [
{
"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 Sort 2? – Exploring the Finest SOC 2 Choices in Web3
In 2023, over 350 million folks had been affected by knowledge breaches, leaks, and different exposures. This danger atmosphere highlights the necessity for strong knowledge safety measures. And that is exactly the place SOC 2 Sort 2 enters the equation!
However what’s SOC 2 Sort 2?
SOC 2 Sort 2 is a safety framework evaluating the effectiveness of safety controls put in place to guard delicate info from safety incidents, unauthorized entry, and different vulnerabilities. In essence, it’s the gold customary for cybersecurity.
Within the Web3 area, the primary and solely infra supplier with a SOC 2 Sort 2 certification is Moralis. Incomes this certification was a big accomplishment for us, highlighting Moralis’ dedication to safeguarding consumer knowledge. We grew to become SOC 2 Sort 2 licensed after a rigorous audit the place a 3rd celebration evaluated our safety controls over an prolonged time interval to make sure that they labored as they need to.
In case you loved this Web3 SOC 2 information, contemplate studying further content material right here on the weblog. As an illustration, try our information evaluating the {industry}’s main Web3 API suppliers or dive into blockchain knowledge analytics!
Additionally, do you know you possibly can enroll with Moralis totally free? So, if you happen to haven’t already, register an account at this time and begin constructing with the {industry}’s most secure Web3 APIs right away!
