See how RiskInMind's AI improves risk decisions — book a live demo.
HomeAboutBlogContact Us

Sign InSign Up

SOC 2® Readiness at RiskInMind

RiskInMind is built for financial institutions that demand enterprise-grade security, compliance, and operational resilience. We align our controls with the AICPA SOC 2® Trust Services Criteria for Security, Availability, Confidentiality, Processing Integrity, and Privacy, which are the foundation of modern assurance for SaaS and AI platforms. Our goal is to give your risk and compliance teams confidence that the AI you use to make financial decisions operates in a secure, well-governed environment.

Our SOC 2® Approach

We follow the SOC 2® framework to design and operate a comprehensive information security program covering people, processes, and technology. SOC 2® focuses on how we protect your data, monitor and manage risk, and respond to incidents across the full lifecycle of our service.

Key elements of our SOC 2®-aligned program include:

  • Formal risk assessment and risk register covering technology, operations, and third-party vendors.
  • Documented security policies and procedures approved by leadership and communicated to all staff.
  • Mapped controls against the SOC 2® Trust Services Criteria, with ongoing testing and improvement.
  • We are currently preparing for a SOC 2® Type 2 examination with independent assessors, with the objective to provide customers with a detailed report on control design and operating effectiveness.

Trust Services Criteria We Address

SOC 2® is organized around five Trust Services Criteria (TSCs). For a risk-intensive domain like lending and portfolio management, these criteria ensure our platform is secure, reliable, and compliant.

Security (mandatory)

Access to systems and data is restricted to authorized users through logical and physical access controls such as role-based access, MFA, and network protections.

Availability

We design for high uptime, continuous monitoring, backups, and disaster recovery so your risk processes can operate without interruption.

Confidentiality

Sensitive customer and portfolio data is protected through encryption, least-privilege access, and secure key management across its lifecycle.

Processing Integrity

Our AI models and workflows are controlled, tested, and monitored to ensure data is processed accurately, completely, and in a timely manner—critical for automated loan and portfolio decisions.

Privacy

We implement controls to protect personal information and support compliance with applicable privacy regulations through data minimization, purpose limitation, and data subject rights handling.

Core Controls You Can Expect

For financial institutions, SOC 2® controls translate directly into reduced operational, regulatory, and reputational risk. RiskInMind’s control environment is designed around the needs of credit, collections, and portfolio teams using AI for critical decisions.

Our control areas include:

Access Management –Strong authentication (including MFA), role-based access, and structured onboarding/offboarding to ensure users only see what they need.
Secure Infrastructure –Network segmentation, hardened cloud infrastructure, vulnerability management, and regular security testing.
Change Management –Formal change control for application code, infrastructure, and AI/ML models, including testing and approvals before deployment.
Incident Detection & Response –Documented incident response plan, 24/7 monitoring, and defined SLAs for triage, communication, and remediation.
Business Continuity & Disaster Recovery –Backups, redundant infrastructure, and tested recovery procedures to protect availability of risk workflows.
Vendor Risk Management –Evaluation and monitoring of key third-party providers (cloud, data sources, tooling) as part of our broader risk management program.

AI, Risk Management, and Compliance

RiskInMind is purpose-built to help financial institutions manage credit, portfolio, and regulatory risk using AI, so our own governance has to meet the same high bar we enable for our customers. By aligning with SOC 2®, we reinforce three things: robust security, reliable operations, and transparent, auditable controls around the AI that powers your risk decisions.

If you would like to review our security documentation, SOC-related status, or detailed control mappings, please contact us at hello@riskinmind.ai or via our enterprise sales team.