Wiliot Earns Top Marks in SOC 1 and SOC 2 Audits, Demonstrating Commitment to Security and Compliance

Wiliot Earns Top Marks in SOC 1 and SOC 2 Audits, Demonstrating Commitment to Security and Compliance

We are thrilled to announce that Wiliot has successfully achieved both System and Organization Controls (SOC) 1 Type II and SOC 2 Type II reports, issued by independent auditors from Ernst & Young Global Limited.

What are SOC Audits?

SOC 1 and SOC 2 are established auditing procedures developed by the American Institute of Certified Public Accountants (AICPA) to provide assurance about a company's internal controls.

• SOC 1 focuses on a company's controls over financial reporting, ensuring the accuracy and reliability of financial statements.
• SOC 2 examines an organization's security, availability, processing integrity, confidentiality, and privacy controls, demonstrating its commitment to protecting sensitive data.

What does this mean for Wiliot and our customers?

Receiving both SOC 1 and SOC 2 Type II reports signifies a significant milestone in Wiliot's compliance journey. These independent audits validate our:

• Robust financial controls: Ensuring the accuracy and integrity of our financial reporting.
• Strong IT and security controls: Protecting critical data and infrastructure from unauthorized access or misuse.
• Commitment to industry best practices: Demonstrating our dedication to data security and compliance.

As a result, these reports offer several benefits for Wiliot and our customers:

• Enhanced trust and reputation: Clients can have confidence in Wiliot's adherence to rigorous security and compliance standards.
• Competitive advantage: These certifications differentiate Wiliot as a security-conscious leader in the industry.
• Streamlined compliance: SOC reports can ease the compliance burden for customers requiring similar security assurances.

While the full reports are confidential, we are happy to provide them upon request under a non-disclosure agreement (NDA).

We are proud of this achievement and remain committed to continuously improving our security and compliance posture. This reinforces our dedication to earning the trust of our customers and partners by exceeding industry best practices.