Cyber Security

NETSOL Achieves SOC 2 Type 2 Compliance

NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider to the global asset finance and leasing industry, has successfully achieved SOC 2 Type 2 compliance, with a global audit conducted by A-LIGN, a technology-enabled security and compliance partner trusted by more than 2500 global organizations to help mitigate cybersecurity risks.

Previously, NETSOL had already attained SOC 2 Type 1 Compliance. By further attaining SOC 2 Type 2 compliance, the Company continues to demonstrate its dedication to safeguarding the data of its clients and their customers. This achievement affirms that all system requirements have been met in accordance with the security standards outlined by AICPA (the American Institute of Certified Public Accountants), as defined by the applicable trust services criteria.

“Serving a diverse range of clients across the world, we comprehend the significance of data protection and our clients are rest assured that their data, and the data of their customers, is handled in accordance with the most stringent security standards available,” said Najeeb Ghauri, Founder and CEO of NETSOL Technologies, Inc. “Achieving SOC 2 Type 2 compliance showcases our successful implementation of robust controls on a global scale, ensuring that risks related to security, integrity, and confidentiality of data are effectively addressed.”

The examination of the Company’s suite of products and software services was carried out at its Calabasas, California; London, England; Beijing, China; Sydney, Australia and Lahore, Pakistan facilities.

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