Peaka Achieves SOC 2 Type 2 Compliance

We are proud to announce that Peaka has achieved SOC 2 Type 2 compliance. This significant milestone is the result of a one-year audit conducted by an independent auditor. It affirms that Peaka complies with the necessary security processes, procedures, and controls to ensure the security and privacy of user data.

Our SOC 2 Type 2 attestation comes five months after we received our SOC 2 Type 1 report and underlines our ongoing efforts to uphold the best practices in information security.

Here is what our founder & CEO Mustafa Sakalsız had to say about this significant development:

Peaka has reached another milestone by successfully completing its SOC 2 Type 2 audit. Unlike the SOC 2 Type 1 report, which took a snapshot of Peaka’s security posture at a single point in time, the SOC 2 Type 2 attestation verifies that our internal controls and processes performed as expected over a sustained period. We will continue to invest in our security practices, refine them, and document their effectiveness with annual audits so our customers can rest assured that their data is safe with Peaka.

Now, let’s take a closer look at this process and what it means for Peaka and our users.

What is SOC 2?

SOC 2, which stands for Systems and Organization Controls 2, is a compliance framework developed by the American Institute of Certified Public Accountants (AICPA). It serves as a standard for auditors to evaluate the effectiveness of an organization’s security procedures against data breaches and unauthorized access.

What is a SOC 2 audit?

A SOC 2 audit is an investigation carried out by an independent auditor to assess an organization's security processes and protocols. The audit uses five criteria, called trust service principles, to assess how effectively an organization protects its data: Security, availability, processing integrity, confidentiality, and privacy.

Upon reviewing the organization's security policies and practices, the independent auditor writes a report summarizing how well it satisfies the five trust service principles.

Types of SOC 2 reports

There are two types of SOC 2 reports, and they differ in the timeframe they use to evaluate an organization’s controls.

SOC 2 Type 1 provides an assessment of the security processes at a specific point in time, offering a snapshot of whether the necessary controls are in place. Peaka received its SOC 2 Type 1 report back in October 2024.

SOC 2 Type 2 monitors the security processes for a longer period of time (usually 6-12 months), giving stakeholders visibility into the long-term effectiveness of the internal controls designed.

What does this mean for Peaka and our users?

Peaka’s SOC 2 Type attestation creates significant value for our company and users:

For Peaka

Regulatory compliance in certain industries

Highly regulated industries like finance, healthcare, and telecommunications have stringent requirements for data access, security, and privacy. A SOC 2 Type 2 attestation is a significant step for Peaka toward satisfying those requirements and assuring customers from those industries that their expectations will be met.

More efficient internal processes

A SOC 2 Type 2 audit documents and enforces operational best practices in an industry. This will make our internal processes more efficient and ensure that we have better incident response and risk management practices in place.

For our users

Deeper trust and increased transparency

A SOC 2 Type 2 audit is conducted by an independent third party in accordance with industry-standard practices. This helps reassure our users that Peaka has established reliable security procedures and internal controls to protect user data and that they have remained consistent over time.

Simplification of future audits

Peaka’s SOC 2 Type 2 attestation ensures the security, privacy, and confidentiality of the user data. This independent verification of the security processes at Peaka simplifies the future audit processes for our users when they need proof of compliance with regulations and industry standards.

Throughout the process, Drata supported us for compliance monitoring, and AssuranceLab led the process as an auditor. We thank both companies for their guidance and collaboration.