Sharesight enhances security with SOC 2 Type 1 certification

At Sharesight, protecting your investment portfolio data and personal information isn't just a task on our list – it's fundamental to everything we do. We understand the trust you place in us when you track your investments on our platform, and we take that responsibility incredibly seriously.

That's why we're thrilled to announce a significant milestone in our ongoing commitment to your security: Sharesight has successfully achieved SOC 2 Type 1 certification!

You might be wondering what SOC 2 is and, more importantly, what this news means for you. Let's break it down.

What is SOC 2 certification?

Developed by the American Institute of CPAs (AICPA), SOC 2 (System and Organisation Controls 2) is a rigorous and internationally recognised standard. It’s designed to ensure that service providers like Sharesight securely manage customer data.

Our SOC 2 Type 1 certification means that an independent, third-party auditing firm has thoroughly reviewed Sharesight’s systems, processes, and controls. This audit covered multiple Trust Services Criteria — including Security, Processing Integrity, and Privacy — confirming that our systems are appropriately designed to safeguard your information, ensure accurate processing, and uphold privacy commitments. Think of it as an independent stamp of approval on the design of our security and data handling practices at a specific point in time.

What this means for you as a Sharesight customer

Simply put, our SOC 2 Type 1 certification offers you even greater peace of mind. It provides:

• Increased trust and confidence: Knowing that Sharesight’s security framework has been scrutinised and validated against high industry standards
• Enhanced data protection: Tangible assurance that we have robustly designed controls in place to safeguard your sensitive financial and personal information
• Demonstrated commitment: Clear evidence of our dedication to maintaining a secure environment and prioritising the protection of your data.

This isn't just about ticking a box; it's about demonstrating our deep commitment to you. Your financial journey is important, and ensuring the security of the data you entrust to us is a core part of how we support that journey.

Our ongoing commitment to your security

Achieving SOC 2 Type 1 certification is a key step, but it’s part of a much larger, continuous effort to maintain and enhance our security measures. We view security as an ever-evolving discipline, requiring constant vigilance and improvement.

Beyond SOC 2, we employ a multi-layered defence strategy – from data encryption and secure infrastructure to regular security assessments – all designed to protect your information. For a deeper dive into our comprehensive approach, you can read more about how Sharesight keeps your data safe.

We are also already working towards our SOC 2 Type 2 certification, which will further assess the operational effectiveness of our controls over an extended period. This next step will provide even more comprehensive assurance of our security practices.

An important step you can take: Activate Two-Factor Authentication (2FA)

While we work hard on our end, there are also steps you can take to enhance your account security. To ensure the highest level of security for your account, we advise that you enable 2FA. This critical security feature adds a powerful extra layer of protection against unauthorised access, and we would encourage all customers to activate it. You can typically enable this in your account security settings.

Looking ahead

We're incredibly proud of this achievement and what it represents – our unwavering commitment to you, our customer. Thank you for choosing Sharesight to track your investment portfolio. Your trust is what drives us to continuously improve and uphold the highest standards of security.

If you have any questions about our security practices or our SOC 2 certification, please don’t hesitate to reach out to our support team.