Engiven, Inc. becomes the world’s first cryptocurrency donation platform to receive SOC2 Type 1 compliance certification

Demonstrate Engiven’s commitment to strong internal controls and customer data security

SAN DIEGO, July 20, 2022 / PRNewswire / – Engiven Inc. announced today that they have achieved SOC 2 Type 1 compliance with the American Institute of Certified Public Accountants (AICPA) standards for SOCs for service organizations, also known as SSAE 18. Achieving this standard with an unqualified opinion serves as third-party industry validation. that Engiven Inc. provides enterprise-quality security for customer data secured in the Engiven Inc. system.

(PRNewsfoto / Engiven, Inc.)

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Engiven Inc. provides SaaS-based technologies that enable nonprofits to securely accept and liquidate cryptocurrency donations while eliminating the complexity and risk associated with cryptocurrency transactions. Engiven provides a highly automated end-to-end solution where the cryptocurrency donation is verified on the blockchain, exchanged for USD and the donor immediately receives a gift receipt.

“The certification is really just a formalization of the industry’s best practices that we use to protect our data and our customers’ data,” he explained. Brandon Murphy, COO and Engiven. “Ethics and compliance are not check boxes – they are part of who we are. We are committed to the highest level of integrity in all of our business practices. “

Engiven Inc. has been audited by Prescient Assurance, a leader in security and compliance certification for B2B and SAAS companies worldwide. Prescient Assurance is a registered US auditing firm and Canada and provides risk management and insurance services that include, but are not limited to, SOC 2, PCI, ISO, NIST, GDPR, CCPA, HIPAA, and CSA STAR.

An unreserved statement about an SOC 2 Type 1 audit report shows current and future Engiven customers that they handle their data with the highest level of security and compliance. In addition, Engiven is committed to achieving its SOC 2 Type 2, a higher level of SOC 2 security, to further test the effectiveness of its internal controls.

“Engiven is the first cryptocurrency donation management platform in the world to achieve this level of compliance. The SOC 2 Type 1 report further demonstrates our commitment to protecting customer transactions and data,” he said. James Lawrence, co-founder and CEO of Engiven. “By achieving this level of compliance, we hope to demonstrate our commitment to the highest level of safety standards that any nonprofit organization deserves.”

About Engiven

Engiven was founded in 2018 and is a leading provider of cryptocurrency donation services to non-profit organizations and faith-based organizations. The Engiven platform provides a highly automated cryptocurrency solution that includes blockchain monitoring, auto-trading, gift receipts, bank deposits, creation of IRS tax forms, custody options and a complete suite of enterprise development APIs. For more information on how to accept crypto donations to your church, ministry or nonprofit, visit: https://engiven.com

For more information on Prescientassurance, visit https://prescientassurance.com or email info@prescientassurance.com.

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SOURCE Engiven, Inc.

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