Reinforcing Our Commitment to Security: Bitpanda Achieves SOC 2® Type II Attestation

We are pleased to share the outcome of a major, independent audit that validates this promise: Bitpanda has completed its first System and Organization Controls (SOC) 2® Type II attestation.

This achievement reflects a company-wide, ongoing commitment to protecting our platform and the data our customers and partners trust us with.

Leveling up with SOC 2 Type II: a new milestone in trust

Many companies have a SOC 2 Type I report, which assesses the design of security controls at a single point in time. The SOC 2 Type II report goes significantly further. It involves a rigorous, months-long audit by an independent firm that examines the operational effectiveness of our security controls over time.

In simple terms, a Type I report is the blueprint for a secure system. A Type II report is the proof that the system works as designed, day in and day out. This attestation confirms that our controls for security, availability, and confidentiality are not only well-designed but also consistently enforced.

What this means for our customers and partners

The SOC 2 Type II report provides tangible proof of our security posture and offer several key assurances:

• Independently verified trust: It’s not just our word; our security practices have been meticulously reviewed and validated by accredited, third-party auditors.
• Enterprise-ready security: For our partners and larger clients, these certifications are often a critical requirement. They demonstrate that our platform is built to meet stringent enterprise-level security and compliance demands.
• A continuous commitment: Security is not a one-time project. These annual audits ensure that security remains an integral part of our culture, operations and product development lifecycle.

Building a more secure future

At Bitpanda, we view security as a core pillar of our mission. Achieving our first SOC 2 Type II report is an important milestone in that journey. We are incredibly proud of our team’s hard work and dedication to protecting our platform and the data entrusted to us.

We will continue to invest in our security programs to ensure we remain a partner you can always trust.

Disclaimer

This article is distributed for informational purposes, and it is not to be construed as an offer or recommendation. It does not constitute and cannot replace investment advice.

Bitpanda does not make any representations or warranties as to the accuracy and completeness of any information contained herein.

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