CyberloQ Technologies, a leader in multi-factor authentication (MFA) and cybersecurity solutions, has reached pivotal operational milestones with its SOC 2 Type 1 compliance certification and the filing of a second patent with the United States Patent and Trademark Office (USPTO). These achievements underscore the company's dedication to securing data processing and expanding its technological innovations in the cybersecurity domain.
The SOC 2 Type 1 compliance, a standard set by the American Institute of Certified Public Accountants (AICPA), is a testament to CyberloQ's robust data security measures. This certification not only validates the company's commitment to protecting sensitive information but also facilitates its entry into the banking and fintech ecosystems in the United States and Europe. Such integration opens up new avenues for business growth and collaboration in sectors where data security is paramount.
Parallel to this, CyberloQ's second patent filing focuses on advancing its Transaction Risk Assessment engine and geolocation-based MFA protocols. This innovation is poised to set the CyberloQ Secure™ platform apart in a crowded cybersecurity market, offering enhanced security features for digital transactions. CEO Chris Jackson highlighted the strategic significance of these developments, indicating a shift from product development to revenue generation and the initiation of integration projects with key partners in the fintech and banking industries.
Already, CyberloQ has secured an initial contract to integrate its CyberloQ Secure™ platform, utilizing its superior API to deliver cutting-edge MFA solutions. These initiatives are designed to bolster security for digital transactions and safeguard sensitive data against evolving cyber threats. With the cybersecurity sector's continuous expansion, CyberloQ's recent accomplishments position it favorably for future growth. The company looks forward to sharing updates on its revenue performance and potential partnerships in the coming quarters, signaling a promising trajectory in the competitive cybersecurity landscape.
