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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 sort of danger surroundings, prospects and customers need proof that they’ll 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 at this time’s information, we’ll discover the intricacies of SOC 2 Kind 2 and canopy one of the best SOC 2 choices in Web3!
Are you desperate to elevate your Web3 tasks with top-tier safety? Then you need to 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 at this time or be taught 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 defend delicate knowledge from safety incidents, unauthorized entry, and different vulnerabilities. In brief, it’s the gold customary for knowledge safety and the operational effectiveness of a company’s safety controls over time!
The SOC 2 Kind 2 framework focuses on 5 Belief Providers 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 on the market for purchasers and workers, making certain they’ll proceed their day by day operations. Processing Integrity: System processing is full, correct, legitimate, well timed, and approved.Confidentiality: Delicate data is protected against unauthorized entry. Privateness: Confidential private data is safeguarded from unauthorized customers.
Throughout a SOC 2 Kind 2 audit, an impartial occasion evaluates an organization’s safety measures associated to the TSC above over an prolonged interval. Every criterion has particular necessities, and the corporate implements inner 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, prospects, and customers. And that is usually 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 customary 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 tasks!
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 could be assured that each your knowledge and your prospects’ 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 additionally a system that demonstrates constant efficiency. For you and what you are promoting, that is an assurance that you would be able to proceed your operations always. Aggressive Benefit: By leveraging a Web3 service supplier with SOC 2 Kind 2 certification, you may show your dedication to excessive requirements of reliability and safety. This could be 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 one of the best 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 absolutely SOC 2 Kind 2 compliant possibility. So, in case you’re searching for a protected and safe crypto knowledge supplier in your Web3 tasks, 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 purchasers’ data and knowledge. And the certificates isn’t solely a badge of honor but additionally a testomony to our firm’s dedication to the very best customary in cybersecurity.
Because the chart above illustrates, two of our main opponents, Alchemy and QuickNode, don’t maintain SOC 2 Kind 2 certificates. QuickNode is SOC 2 Kind 1 compliant and obtained the certification again in 2022. Alchemy is neither SOC 2 Kind 1 nor SOC 2 Kind 2 licensed.
So, in case you’re searching for one of the best SOC 2 licensed infra supplier in Web3, Moralis is the go-to selection!
How Did Moralis Grow to be the First SOC 2 Kind 2 Licensed Web3 Infra Supplier?
Incomes our SOC 2 Kind 2 certificates signifies that Moralis has undergone an intensive 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 shopper’s knowledge protected and confidential. Basically, the SOC 2 Kind 2 certificates ensures that Moralis meets the gold customary by way of knowledge safety.
So, in case you want to construct dapps safer and extra securely, ensure to enroll with Moralis at this time!
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 concerned about constructing tasks with our Web3 APIs. And, to offer you an outline of Moralis, let’s dive a bit deeper into our industry-leading options and providers!
Moralis is a number one crypto knowledge supplier that helps corporations drive engagement, enhance progress, and construct compelling person experiences. Our top-tier Web3 APIs energy industry-leading Web3 tasks, together with MetaMask, Delta, and many others., for hundreds of 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 embrace the Pockets API, Token API, NFT API, and plenty of extra. With these top-tier Web3 APIs, you may seamlessly construct every little thing from cryptocurrency wallets to decentralized exchanges (DEXs) with out breaking a sweat.
Let’s discover a few of the foremost 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 supply Web3’s most complete APIs, designed to reduce 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 give attention to constructing compelling person experiences and bringing extra worth to your prospects. Trusted: Moralis is trusted by industry-leading enterprise prospects, 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 Good Chain (BSC), and plenty of others. And when utilizing this interface, you may seamlessly combine pockets performance into any of your dapps!
With the Pockets API, you may effortlessly fetch a pockets’s token balances, web price, transaction historical past, and way more with single endpoints. In flip, this software permits you to seamlessly construct every little thing from portfolio trackers to wallets.
To showcase the accessibility of the Pockets API, try our endpoint for fetching the web price of a pockets down under:
import fetch from ‘node-fetch’;
const choices = {
technique: ‘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 a must to do is exchange YOUR_API_KEY, configure the parameters, and run the code. In return, you’ll get a complete response showcasing the overall web price 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’s essential construct refined dapps. This interface helps each single token throughout the largest chains, together with meme cash like Shiba Inu, stablecoins like USDC, and every little thing in between.
With the Token API, you will get token balances, metadata, costs, and extra with simply single strains of code. As such, when working with Moralis, now you can simply construct every little thing from token explorers to portfolio trackers with none bother.
To focus on the comprehensiveness of the Token API, try the endpoint above, supplying you with every little thing it’s essential construct a portfolio view of a pockets with one single name:
import fetch from ‘node-fetch’;
const choices = {
technique: ‘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 exchange YOUR_API_KEY together 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:
{
//…
“consequence”: [
{
“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 key chains. This consists of every little thing from established tasks like Pudgy Penguins to tokens that dropped simply seconds in the past. So, in case you’re constructing NFT-based tasks, ensure to leverage the Moralis NFT API for all of your knowledge wants!
With the NFT API, you may fetch NFT balances, metadata, costs, and extra with single API calls. As such, that is the right software for anybody constructing NFT marketplaces, Web3 video games, or portfolio trackers.
To point out you the way straightforward it’s to make use of the NFT API, please try the instance under, the place we use an endpoint to fetch the NFT steadiness of a pockets:
import Moralis from ‘moralis’;
strive {
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);
}
Change YOUR_API_KEY together 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:
{
//…
“consequence”: [
{
“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 try the official Moralis documentation to be taught 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 surroundings 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 data from safety incidents, unauthorized entry, and different vulnerabilities. In essence, it’s the gold customary for cybersecurity.
Within the Web3 area, 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 shopper knowledge. We grew to become SOC 2 Kind 2 licensed after a rigorous audit the place a 3rd occasion evaluated our safety controls over an prolonged time interval to make sure that they labored as they need to.
When you loved this Web3 SOC 2 information, contemplate studying further content material right here on the weblog. For example, try our information evaluating the {industry}’s main Web3 API suppliers or dive into blockchain knowledge analytics!
Additionally, do you know you may join with Moralis free of charge? So, in case you haven’t already, register an account at this time and begin constructing with the {industry}’s most secure Web3 APIs immediately!
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