In 2023, incidents of knowledge breaches, exposures, and leakages impacted over 350 million people, underscoring a crucial want for sturdy knowledge safety measures. With this type of danger setting, clients and customers need proof that they will belief you and your service suppliers to maintain their knowledge safe. Enter SOC 2 Kind 2, an indispensable framework for enterprises dedicated to the very best knowledge safety requirements. However what precisely is SOC 2 Kind 2? And why is it necessary? In right now’s information, we’ll discover the intricacies of SOC 2 Kind 2 and canopy the perfect SOC 2 choices in Web3!
Are you desirous to elevate your Web3 initiatives with top-tier safety? Then you must know that Moralis stands out as the primary and solely SOC 2 Kind 2 licensed Web3 infrastructure supplier. So, if you wish to begin constructing with the {industry}’s most trusted Web3 APIs, contact us right now or study extra about our dedication to knowledge safety!
What’s SOC 2 Kind 2?
SOC 2 Kind 2 – brief for ”Service Group Management 2 Kind 2” – is a safety framework providing tips on how organizations ought to shield delicate knowledge from safety incidents, unauthorized entry, and different vulnerabilities. Briefly, it’s the gold commonplace for knowledge safety and the operational effectiveness of a corporation’s safety controls over time!
The SOC 2 Kind 2 framework focuses on 5 Belief Companies 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 obtainable for shoppers and workers, guaranteeing they will proceed their every 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 Kind 2 audit, an unbiased social gathering evaluates an organization’s safety measures associated to the TSC above over an prolonged interval. Every criterion has particular necessities, and the corporate implements inside controls to satisfy these requirements.
Compliance with SOC 2 Kind 2 demonstrates an organization’s dedication to sustaining a excessive stage of data safety and is a crucial think about establishing belief with companions, clients, and customers. And that is typically a non-negotiable requirement for enterprises that depend on software program suppliers.
SOC 2 Kind 1 vs. SOC 2 Kind 2
Whereas SOC 2 Kind 2 is the gold commonplace for knowledge safety, it’s not the one framework. One other distinguished instance is SOC 2 Kind 1. However what’s the distinction between the 2? Let’s discover out within the following chart:
Why Ought to You Care About SOC 2 Kind 2 in Web3?
So, why do you have to care about SOC 2 Kind 2 in Web3? To reply this query, let’s discover the advantages of working with SOC 2 Kind 2 compliant service suppliers when constructing Web3 initiatives!
Enhanced Safety: To earn a SOC 2 Kind 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 Kind 2 licensed supplier, you may be assured that each your knowledge and your clients’ knowledge are safeguarded. Reliability and Availability: The SOC 2 Kind 2 framework evaluates a Web3 service supplier’s operational effectiveness over time. Which means the supplier not solely has sturdy safety measures in place but in addition a system that demonstrates constant efficiency. For you and your small business, that is an assurance which you can proceed your operations always. Aggressive Benefit: By leveraging a Web3 service supplier with SOC 2 Kind 2 certification, you possibly can display your dedication to excessive requirements of reliability and safety. This generally is a vital aggressive benefit, particularly in industries the place belief and safety are paramount.
With an outline of SOC 2 Kind 2 and why it’s necessary, let’s now discover the perfect SOC 2 infra supplier in Web3!
What are the Greatest SOC 2 Choices in Web3?
Among the many most distinguished Web3 infrastructure suppliers, Moralis stands out as the primary and solely totally SOC 2 Kind 2 compliant choice. So, when you’re searching for a secure and safe crypto knowledge supplier to your Web3 initiatives, then Moralis is the best way to go!
However what precisely does this imply for Moralis?
Getting the SOC 2 Kind 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 in addition a testomony to our firm’s dedication to the very best commonplace in cybersecurity.
Because the chart above illustrates, two of our main rivals, Alchemy and QuickNode, don’t maintain SOC 2 Kind 2 certificates. QuickNode is SOC 2 Kind 1 compliant and acquired the certification again in 2022. Alchemy is neither SOC 2 Kind 1 nor SOC 2 Kind 2 licensed.
So, when you’re searching for the perfect SOC 2 licensed infra supplier in Web3, Moralis is the go-to alternative!
How Did Moralis Turn into the First SOC 2 Kind 2 Licensed Web3 Infra Supplier?
Incomes our SOC 2 Kind 2 certificates signifies that Moralis has undergone a radical analysis of knowledge 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 secure and confidential. Primarily, the SOC 2 Kind 2 certificates ensures that Moralis meets the gold commonplace by way of knowledge safety.
So, when you want to construct dapps safer and extra securely, make sure that to enroll with Moralis right now!
Construct with a SOC 2 Kind 2 Compliant Web3 Infra Supplier – Exploring Moralis’ Web3 APIs
Now that you understand extra about Moralis’ dedication to knowledge safety, you is likely to be fascinated about constructing initiatives with our Web3 APIs. And, to present you an outline of Moralis, let’s dive a bit deeper into our industry-leading options and companies!
Moralis is a number one crypto knowledge supplier that helps firms drive engagement, increase progress, and construct compelling person experiences. Our top-tier Web3 APIs energy industry-leading Web3 initiatives, together with MetaMask, Delta, and many others., 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 embody the Pockets API, Token API, NFT API, and plenty of extra. With these top-tier Web3 APIs, you possibly can seamlessly construct all the pieces from cryptocurrency wallets to decentralized exchanges (DEXs) with out breaking a sweat.
Let’s discover a number of the primary advantages of utilizing Moralis’ Web3 APIs:
Complete: All our API responses are enriched with metadata, market knowledge, transaction decodings, labels, and way more. Because of this, we’re in a position to provide Web3’s most complete APIs, designed to attenuate 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 concentrate on constructing compelling person experiences and bringing extra worth to your clients. Trusted: Moralis is trusted by industry-leading enterprise clients, together with MetaMask, Delta, Blockchain.com, and plenty of others.
To focus on 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 Sensible 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 way more with single endpoints. In flip, this device means that you can seamlessly construct all the pieces from portfolio trackers to wallets.
To showcase the accessibility of the Pockets API, take a look at our endpoint for fetching the web value of a pockets down beneath:
import fetch from ‘node-fetch’;
const choices = {
methodology: ‘GET’,
headers: {
settle for: ‘software/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 it’s important to do is substitute 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 handle 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 it is advisable 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 all the pieces 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 all the pieces from token explorers to portfolio trackers with none bother.
To focus on the comprehensiveness of the Token API, take a look at the endpoint above, supplying you with all the pieces it is advisable to construct a portfolio view of a pockets with one single name:
import fetch from ‘node-fetch’;
const choices = {
methodology: ‘GET’,
headers: {
settle for: ‘software/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 substitute YOUR_API_KEY along 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 way 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 foremost chains. This consists of all the pieces from established initiatives like Pudgy Penguins to tokens that dropped simply seconds in the past. So, when you’re constructing NFT-based initiatives, make sure that 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 device for anybody constructing NFT marketplaces, Web3 video games, or portfolio trackers.
To point out you ways simple it’s to make use of the NFT API, please take a look at the instance beneath, the place we use an endpoint to fetch the NFT steadiness of a pockets:
import Moralis from ‘moralis’;
attempt {
await Moralis.begin({
apiKey: “YOUR_API_KEY”
});
const response = await Moralis.EvmApi.nft.getWalletNFTs({
“chain”: “0x1”,
“handle”: “0xff3879b8a363aed92a6eaba8f61f1a96a9ec3c1e”
});
console.log(response.uncooked);
} catch (e) {
console.error(e);
}
Substitute YOUR_API_KEY along 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 take a look at the official Moralis documentation to study extra about our APIs and discover different endpoints!
Abstract: What’s SOC 2 Kind 2? – Exploring the Greatest SOC 2 Choices in Web3
In 2023, over 350 million folks have been affected by knowledge breaches, leaks, and different exposures. This danger setting highlights the necessity for stable knowledge safety measures. And that is exactly the place SOC 2 Kind 2 enters the equation!
However what’s SOC 2 Kind 2?
SOC 2 Kind 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 commonplace for cybersecurity.
Within the Web3 house, the primary and solely infra supplier with a SOC 2 Kind 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 Kind 2 licensed after a rigorous audit the place a 3rd social gathering 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, take into account studying extra content material right here on the weblog. For example, take a look at our information evaluating the {industry}’s main Web3 API suppliers or dive into blockchain knowledge analytics!
Additionally, do you know you possibly can join with Moralis without cost? So, when you haven’t already, register an account right now and begin constructing with the {industry}’s most secure Web3 APIs immediately!
