We’re pleased to announce that InvGate has recently renewed the SOC 2 Type II certification for the 2023-2024 period. This achievement shows our commitment to the industry’s best data protection and compliance practices. The SOC 2 standard was developed by the American Institute of Certified Public Accountants (AICPA). It consists of a third-party audit that evaluates how companies worldwide handle data privacy. Keep reading to learn how the renewal impacts you.

Compliance in financial services is not a choice – it is a commitment. Every trade, every client call, and every internal chat has to be done by the book, especially in terms of documentation and communication. Under FINRA regulations, making sure all communications across teams are compliant means making sure each message sent on team messaging platforms-even those innocent-when-sent-in-a-hurry chats-is just as compliant.

If the core of your business is communication, not being able to view or track this presents a huge risk. The increasing pressure to ensure that every message sent is secure, archived, and fully compliant with industry regulations is putting financial institutions under pressure. The FCA has laid down strict rules regarding how such communications should be handled, with the protection of both clients and businesses from possible risks in mind.

Data security often feels like that overly cautious colleague who locks up everything – even the stapler. But when it comes to protecting sensitive information, they’re not wrong. If your team uses messaging apps to collaborate, share files, or brainstorm ideas, you’re already handling personal data more often than you think. Names, emails, project details – it’s all part of the mix.

How many times have you sent a text with vital information, be it a doctor’s note, patient data, or an important update for a colleague, and immediately thought, “Is this safe?” If you’re in healthcare-or any other field that deals with sensitive information in general-that should be the first question on your mind. It’s no longer just about speed and convenience; it’s about protecting your business and following laws like HIPAA.

Navigating the complexities of mandatory time tracking can feel like walking through a legal maze. It’s not just about logging hours; it’s about ensuring you comply with specific laws that vary by country. Today, we’ll dive into the nitty-gritty of mandatory time tracking laws in different parts of the world, share best practices for implementing these requirements, and explore how TrackingTime can help you stay on the right side of the law.

Imagine this: you’re responsible for keeping your organization’s systems and software up to date, secure, and running smoothly. It’s no small task. The process of keeping track of security updates, managing patches for hardware and software, and ensuring patch compliance can feel like an endless cycle of frustration.

In the era of mobile applications, Increasing roles of security and legal concerns in mobile applications are essential to developers of mobile applications, owners of businesses, and information technology (IT) workers. Their failure can result in losses, deterioration of user trust, and tarnished company reputation. This paper looks into compliance best practices of mobile applications in 2024 considering mobile privacy policies, security measures, and required laws.

With the increasing adoption of employee monitoring tools in workplaces, organizations in the European Union (EU) must navigate the General Data Protection Regulation (GDPR) to ensure compliance. Employee monitoring can provide valuable insights into productivity and security, but it also raises significant privacy concerns. GDPR establishes clear rules to balance organizational needs with employee privacy rights.

In today’s business world, companies with projects are running smoothly, and the teams are performing well. However, when a compliance audit reveals significant issues in the way the workforce operates, this can result in fines and harm to the company’s reputation. Immediate steps to manage workforce compliance can enhance companies’ standards and improve employee productivity. This approach will help a company not only build a good reputation but also continuously improve.