AML compliance isn’t just about getting the risk signals right, it’s about handling sensitive data with the same care you bring to financial crime detection. At KYC2020, we treat data privacy and security not as checklist items, but as core components of our platform design.
This article outlines the privacy posture and security standards that support all of our tools, from sanctions and PEP screening to KYB and ID verification, so your team can focus on regulatory compliance, not infosec due diligence.
A Regulatory-Grade Approach to Privacy and Data Protection
KYC2020 is aligned with key global privacy and security frameworks, enabling us to support clients across jurisdictions with varying compliance requirements. Our core data protection credentials include:
GDPR Compliance
We comply with the General Data Protection Regulation (EU), including provisions for:
• Lawful and transparent data processing
• Data minimization and purpose limitation
• Rights of access and redress for EU data subjects (where applicable)
• Robust safeguards for international data transfers
Data Privacy Framework (DPF) Certification
KYC2020 is certified under the EU-U.S. Data Privacy Framework (DPF), the UK Extension to the EU-U.S. DPF, and the Swiss-U.S. DPF.
We adhere to the principles set by the U.S. Department of Commerce regarding the processing of personal data from the EU, UK, and Switzerland. For unresolved privacy complaints, we cooperate with EU DPAs, the UK ICO, and the Swiss FDPIC, and participate in binding arbitration as required.
Our certification is publicly available at: www.dataprivacyframework.gov/list
SOC 2 Type II Certification
KYC2020 is SOC 2 Type II certified under the AICPA framework, demonstrating our adherence to controls across:
• Security
• Availability
• Processing integrity
• Confidentiality
• Privacy
Our controls are audited annually and reflect industry best practices for managing sensitive customer and platform data.
Encryption and Access Controls
We implement encryption both in transit and at rest, including:
• TLS/SSL secure transmission
• AES-256 encryption for data storage
• Encrypted backups and secure sFTP channels
• Signed digital certificates and endpoint authentication
Access to systems and data is governed by:
• Role-based permissions
• Single Sign-On (SSO) integrations
• Configurable access restrictions
• Logged audit trails and user activity tracking
Continuous Improvement and Audit Readiness
We conduct regular:
• Security assessments and penetration tests
• Staff training in secure engineering practices
• Reviews of internal policies and vendor controls
• Updates to our Privacy Policy to reflect new practices or legal developments
What This Means for our Customers
With KYC2020, you’re not just buying screening software, you’re partnering with a vendor that understands the regulatory, reputational, and operational stakes of handling sensitive data.
Whether you’re preparing for an audit, onboarding new customers, or scaling your compliance program, you can do so with confidence that our infrastructure is ready to support your needs.
