Resistant AI, a fraud and financial crime prevention services provider, has received a clean System and Organization Controls (SOC) 2 Type 1 attestation report.
This assessment of its internal security controls validates Resistant AI’s adherence to the highest standards for security. The report affirms Resistant AI’s information security practices, policies, procedures, and operations meet the rigorous SOC 2 Trust Service Criteria for security.
The RegTech company sees security as the foundation of which its products are built, as well as the basis for customer trust.
Resistant AI CEO and founder Martin Rehak said, “Given our background in cybersecurity, our security practices go above and beyond what is standard—not only for companies like ours, but also for many of our customers. As security professionals, we believe that rigorous third-party verification is essential.”
Resistant AI was founded in 2019 and has built AI and machine learning-powered tools that provide identity forensic solutions. These tools protect financial services from fraud and manipulation, including customer onboarding, credit scoring, AML and existing fraud detection systems.
Last year, the company deployed its technology into InsurTech specialists Claim Technology as part of a deal. The partnership helps Claim Technology’s clients to sport forged documents.
Resistant AI also recently released a whitepaper that aims to debunk the five myths surrounding AI’s use within transaction monitoring. One of the myths debunked in the whitepaper is that a firm can be too small for AI, with the technology exclusively for larger institutions.
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