In 2023, incidents of information breaches, exposures, and leakages impacted over 350 million people, underscoring a crucial want for strong knowledge safety measures. With this sort of threat atmosphere, 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 best knowledge safety requirements. However what precisely is SOC 2 Kind 2? And why is it necessary? In right this moment’s information, we’ll discover the intricacies of SOC 2 Kind 2 and canopy the perfect SOC 2 choices in Web3!
Are you desperate to elevate your Web3 tasks with top-tier safety? Then it is best 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 right this moment 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 shield 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 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: Information is offered for purchasers and workers, making certain they’ll proceed their each day operations. Processing Integrity: System processing is full, correct, legitimate, well timed, and licensed.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 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 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 outstanding 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 must you 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 towards 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. Because of this the supplier not solely has strong safety measures in place but in addition a system that demonstrates constant efficiency. For you and your online business, that is an assurance which you could proceed your operations always. Aggressive Benefit: By leveraging a Web3 service supplier with SOC 2 Kind 2 certification, you may exhibit 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.
![Illustrative art image showing the different components of SOC 2 Type 2 with lines connecting all of the components, essentially creating the SOC 2 Type 2 Web3 Certification](https://moralis.io/wp-content/uploads/2024/03/Blog-Web3-SOC-2-Why-Shuld-You-Use-a-Certified-Provider.png)
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 outstanding Web3 infrastructure suppliers, Moralis stands out as the primary and solely totally SOC 2 Kind 2 compliant possibility. So, should you’re on the lookout for a protected and safe crypto knowledge supplier in your Web3 tasks, then Moralis is the way in which to go!
![Official announcement statement "Moralis is the Leading Web3 Infra Provider with its SOC 2 Type 2 Certification"](https://moralis.io/wp-content/uploads/2024/03/Blog-Web3-SOC-2-Moralis.jpg)
However what precisely does this imply for Moralis?
Getting the SOC 2 Kind 2 certification marks a major accomplishment that highlights Moralis’ dedication to safeguarding our purchasers’ data and knowledge. And the certificates isn’t solely a badge of honor but in addition a testomony to our firm’s dedication to the best customary in cybersecurity.
![SOC 2 Type 2 Web3 Infrastructure Data Providers Comparison Chart - Comparing Moralis, Alchemy, and QuickNode](https://moralis.io/wp-content/uploads/2024/03/Blog-Web3-SOC-2-Comparison.png)
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, should you’re on the lookout for the perfect SOC 2 licensed infra supplier in Web3, Moralis is the go-to alternative!
How Did Moralis Change into the First SOC 2 Kind 2 Licensed Web3 Infra Supplier?
Incomes our SOC 2 Kind 2 certificates implies that Moralis has undergone an intensive analysis of information 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, should you want to construct dapps safer and extra securely, ensure that to enroll with Moralis right this moment!
Construct with a SOC 2 Kind 2 Compliant Web3 Infra Supplier – Exploring Moralis’ Web3 APIs
Now that you realize extra about Moralis’ dedication to knowledge safety, you is perhaps considering constructing tasks with our Web3 APIs. And, to provide 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, increase development, and construct compelling consumer experiences. Our top-tier Web3 APIs energy industry-leading Web3 tasks, together with MetaMask, Delta, and many others., for tens of millions of finish customers worldwide.
![Blue title stating Moralis, and the Moralis "M" logo on the left](https://moralis.io/wp-content/uploads/2024/03/Blog-Web3-SOC-2-Moralis-Logo-1024x307.png)
In our complete suite of improvement instruments, you’ll discover greater than ten use case-specific APIs that make Web3 improvement a breeze. Some outstanding examples embody the Pockets API, Token API, NFT API, and lots of extra. With these top-tier Web3 APIs, you may seamlessly construct the whole lot from cryptocurrency wallets to decentralized exchanges (DEXs) with out breaking a sweat.
Let’s discover among the fundamental advantages of utilizing Moralis’ Web3 APIs:
Complete: All our API responses are enriched with metadata, market knowledge, transaction decodings, labels, and rather more. Consequently, we’re capable of supply Web3’s most complete APIs, designed to attenuate the variety of calls wanted to construct dapps. Easy: With our use case-specific APIs, Web3 improvement turns into extra accessible than ever. This provides you extra time to deal with constructing compelling consumer experiences and bringing extra worth to your prospects. Trusted: Moralis is trusted by industry-leading enterprise prospects, together with MetaMask, Delta, Blockchain.com, and lots of others.
To focus on the advantages of Moralis additional, let’s discover some examples of outstanding interfaces you’ll discover in our Web3 API suite!
Pockets API
Moralis’ Pockets API helps over 500 million addresses throughout the most important chains, together with Ethereum, Polygon, BNB Good Chain (BSC), and lots of others. And when utilizing this interface, you may seamlessly combine pockets performance into any of your dapps!
![Wallet API title with example code on the right](https://moralis.io/wp-content/uploads/2024/03/Art-image-Moralis-Logo-and-Moralis-Crypto-Wallet-History-API.png)
With the Pockets API, you may effortlessly fetch a pockets’s token balances, web price, transaction historical past, and rather more with single endpoints. In flip, this device lets you seamlessly construct the whole lot from portfolio trackers to wallets.
To showcase the accessibility of the Pockets API, try our endpoint for fetching the online price of a pockets down beneath:
import fetch from ‘node-fetch’;
const choices = {
technique: ‘GET’,
headers: {
settle for: ‘utility/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 you need 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 deal with 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 subtle dapps. This interface helps each single token throughout the most important chains, together with meme cash like Shiba Inu, stablecoins like USDC, and the whole lot in between.
![Token API title and 4 different code examples showing what to fetch using the API](https://moralis.io/wp-content/uploads/2024/03/Blog-Crypto-Porfolio-API-Token-API.png)
With the Token API, you may get token balances, metadata, costs, and extra with simply single traces of code. As such, when working with Moralis, now you can simply construct the whole lot from token explorers to portfolio trackers with none hassle.
To focus on the comprehensiveness of the Token API, try the endpoint above, providing you with the whole lot 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: ‘utility/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 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 rather 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 the whole lot from established tasks like Pudgy Penguins to tokens that dropped simply seconds in the past. So, should you’re constructing NFT-based tasks, ensure that to leverage the Moralis NFT API for all of your knowledge wants!
![NFT API title with an NFT marketplace logo on the right](https://moralis.io/wp-content/uploads/2024/03/Blog-Web3-SOC-2-NFT-API.png)
With the NFT API, you may 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 indicate you ways straightforward it’s to make use of the NFT API, please try the instance beneath, 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”,
“deal with”: “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 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 had been affected by knowledge breaches, leaks, and different exposures. This threat atmosphere highlights the necessity for strong knowledge safety measures. And that is exactly the place SOC 2 Kind 2 enters the equation!
![Illustrative art image - showing all the requirements for Web3 SOC 2 Type 2 Certificate](https://moralis.io/wp-content/uploads/2024/03/Blog-Web3-SOC-2-Summary.png)
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 major 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 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, contemplate studying extra 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 at no cost? So, should you haven’t already, register an account right this moment and begin constructing with the {industry}’s most secure Web3 APIs immediately!