Keep it secure
Keeping your online accounts secure by understanding financial compliance
Compliance involves adhering to specific rules and guidelines designed to ensure the security of your personal information and online accounts. These regulations, set by various organizations, help protect against threats like hackers, fraud, and other online risks. While you might not work for a large company, understanding compliance can guide you in choosing trustworthy websites, apps, and services for your personal data.
This guide will explain two key security standards—SOC and PCI—and how they contribute to safeguarding your information.
SOC, or System and Organization Controls, encompasses a series of guidelines that companies follow to secure your data. SOC compliance indicates that a company has undergone rigorous checks to verify that it has robust security measures in place.
SOC 1: Assesses how well a company safeguards financial information.
SOC 2: Evaluates how a company protects personal data, including its security and privacy measures.
SOC 3: Provides a simplified overview of SOC compliance without delving into technical details.
Choosing services that are SOC compliant ensures that your personal information—such as email addresses, passwords, and payment details—is managed with strong security protocols.
PCI stands for Payment Card Industry. It refers to a set of security standards that companies handling credit card information must adhere to. PCI compliance ensures that your payment details are protected from unauthorized access during online transactions.
Encrypting Card Information: To protect your payment details. Maintaining Secure Systems: Using firewalls and other security measures. Regular Software Updates: Keeping security software current to defend against threats. When a company is PCI compliant, it signifies that they are taking comprehensive steps to protect your credit card information, reducing the risk of data theft during online purchases.
Fluz is both SOC 2 and PCI compliant, which means we’ve implemented robust security measures to protect your personal information and payment details. SOC 2 compliance ensures that we maintain strong controls over the security and privacy of your data, while PCI compliance guarantees that your payment transactions are safeguarded against breaches. By adhering to these standards, we prioritize the security of your data, offering you peace of mind as you earn cashback.
