March 27, 2024

Farpoint Achieves SOC 2 Type I Compliance, Reinforcing Commitment to Security and Trust

Vancouver, BC – Farpoint, a leader in AI consulting, is proud to announce its achievement of SOC 2 Type I compliance, marking a significant milestone in its commitment to providing a secure and reliable platform for its clients. This certification underscores Farpoint's dedication to upholding the highest standards of information security and operational integrity.

SOC 2 (System and Organization Controls) certification is a rigorous, independent assessment conducted by third-party auditors. The certification process evaluates a company’s systems and processes against the American Institute of Certified Public Accountants (AICPA) Trust Services Criteria. These criteria cover essential aspects such as security, availability, processing integrity, confidentiality, and privacy, ensuring that a company’s information security measures are in line with industry best practices and standards.

"Receiving the SOC 2 Type I compliance certification is not just an achievement—it's a testament to our ongoing commitment to security and excellence," said Ryan Monsurate, President and CTO of Farpoint. "Our clients trust us with their most critical operations, and this certification is a clear indication that their trust is well-placed."

The SOC 2 Type I report for Farpoint revealed no exceptions, which indicates that the firm’s security practices, policies, procedures, and operations met the Trust Services Criteria without any deviations. This "clean" audit from a certified independent auditor confirms that Farpoint's information security practices are robust and effective.

This achievement is particularly significant for Farpoint as the company continues to expand its AI consulting services across various sectors. With SOC 2 Type I compliance, Farpoint assures its clients and partners that it is equipped to handle sensitive data with the utmost care and that its systems are designed to prevent unauthorized access and ensure reliability and availability.

"Ensuring the security and integrity of our operations is paramount at Farpoint. This compliance not only enhances our operational framework but also solidifies our position as a trusted leader in the AI industry," added CEO Nicholas Ning.

As Farpoint looks to the future, this compliance is a foundational step in its roadmap towards achieving SOC 2 Type II certification, which involves a more prolonged and detailed assessment of operational effectiveness.

About Farpoint:

Farpoint is a cutting-edge AI consulting firm that specializes in integrating AI technology to solve complex business challenges. Based in Vancouver, Farpoint is committed to driving innovation while ensuring compliance with international security standards, aiming to deliver secure, reliable, and transformative solutions to its clients worldwide.