PHANA Appoints Independent CPA Firm to Begin SOC 2 Type 2 Audit

Trust, confidentiality, and data protection are foundational to everything we build at PHANA. Today, we are proud to announce that we have formally appointed an accredited independent Certified Public Accountant (CPA) firm to conduct our official SOC 2 Type 2 (System and Organization Controls 2 Type 2) audit.

As the team building PHANA Velocity — our agentic AI-driven compliance automation platform — we believe in practicing what we preach. Initiating our official SOC 2 Type 2 audit represents a significant milestone in our journey, verifying not only the design of our controls but their operational effectiveness over time across our cloud infrastructure, security protocols, and engineering workflows.

What This Means for Our Customers & Enterprise Partners

The SOC 2 framework, developed by the American Institute of Certified Public Accountants (AICPA), is the gold standard for evaluating how SaaS and cloud platforms safeguard customer information and maintain operational integrity. While a Type 1 report assesses control design at a single point in time, a SOC 2 Type 2 examination rigorously tests and verifies the operational effectiveness of security controls over an extended observation period.

Our independent CPA firm will assess PHANA’s controls across key Trust Services Criteria (TSC):

• Security (Common Criteria): Validating defense-in-depth measures against unauthorized access, vulnerability management, zero-trust network boundaries, and continuous posture monitoring.
• Availability: Ensuring system redundancy, disaster recovery, incident management, and uptime resilience across our distributed cloud services.
• Confidentiality: Evaluating data classification, strict access governance, tenant segregation, and cryptographic protection at rest and in transit.

Practicing What We Preach: Continuous Audit Readiness via PHANA Velocity

Traditionally, preparing for a SOC 2 Type 2 audit requires months of manual screenshot gathering, hunting down cloud logs, and compiling static spreadsheets.

At PHANA, we are managing our audit preparation through our own platform, PHANA Velocity:

• Autonomous Evidence Gathering: Direct API integrations continuously pull configuration data and map infrastructure telemetry directly to SOC 2 CC-series controls.
• Continuous Posture Monitoring: AI-driven scanning continuously validates that controls stay in place day in and day out across our environments.
• Auditor-Ready Evidence Vault: Structured, time-stamped proof logs enable our independent CPA auditors to verify control effectiveness seamlessly with zero friction.

What’s Next

The formal SOC 2 Type 2 observation period is underway, with report finalization targeted for Q1 2027. Upon completion, the official SOC 2 Type 2 report will be made available to enterprise customers and partners under NDA to support their vendor risk management and third-party security evaluations.

To learn more about how PHANA automates audit readiness across 78+ global frameworks, explore our SOC 2 compliance solution or schedule a live demonstration with our engineering team.