Larky Continues Excellence in Data Security with Successful SOC 2 Type II Examination

Posted on

January 17, 2024

by

Jamie Reoch

Ann Arbor, Michigan, January 17, 2023 — Larky, the market leader in account holder engagement technology, is proud to announce the successful completion of its 2023 System and Organization Controls (SOC) 2 Type II examination. This achievement underscores Larky's unwavering commitment to maintaining the highest standards of information security and operational integrity.

The SOC 2 compliance standard was developed by the American Institute of CPAs (AICPA) to evaluate a company's management of customer data across five trust service principles: security, availability, processing integrity, confidentiality, and privacy.

While Larky's nudge platform operates without directly accessing core customer data or financial systems—and is not mandated to undergo SOC 2 examination—the company proactively elected to undertake this rigorous audit. By voluntarily subjecting its processes to this independent evaluation, Larky distinguishes itself as a leader in the field, prioritizing the trust and security of its clients above all.

An independent auditor, Insight Assurance, conducted the detailed examination. Through this process, Larky demonstrated its adherence to data security, availability and confidentiality standards developed by the American Institute of Certified Public Accountants (AICPA).

"Larky's commitment to annually achieving SOC 2 Type II isn’t just about ticking off a checklist for us," said Kurt Schaldenbrand, CTO and VP of Product at Larky. "It’s a testament to our culture of care—care for our client’s trust, care for the security of their data, and care for the peace of mind that comes with knowing we’re always striving to do right by them.”

To earn SOC 2 Type II certification, Larky completed the following:

  • Assessment of the design and operating effectiveness of Larky’s controls
  • Thorough examination of security of vendors and third parties
  • Defined policies to ensure continued protection for customers and employees

The successful completion of this year’s examination reflects Larky's ongoing commitment to data security and operational excellence, providing clients and partners with the assurance that their sensitive information is managed with the utmost care.

About Larky

Larky, the market leader in consumer engagement technology, empowers financial institutions to connect proactively with their audience at the right place and time. The company spearheads digital transformation in the banking sector through its Larky nudge® platform, delivering tailored push notification campaigns to selected account holders. For more information, visit https://nudge.larky.com. Follow Larky on LinkedIn.

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