Yield Solutions Group, LLC dba RefiJet, one of the nation’s highest customer-rated auto loan refinancing companies, has just received its SOC 2 certification.
This comes as another effort to exceed our customers, partners, and lender’s expectations from a Compliance and Security objective. We not only follow regulatory guidelines for data security and privacy, but we exceed them in a variety of ways.
“Compliance with SOC 2 is not just a matter of ticking boxes, it’s about ensuring the security and trust of our customers’ information. At YSG/RefiJet, we take SOC 2 seriously because it reflects our commitment to protecting what matters most to our business and those who rely on us.” added Michael Thompson, Director of IT, at RefiJet. “What’s more,” he continues, “this isn’t a one-time process. SOC also requires ongoing, automated monitoring to ensure continuous compliance.”
The SOC 2 process requires formal policies and procedures that address multiple aspects of the business, from employee on and offboarding to privacy policies for consumers, encryption, and system access protocols, for example. YSG/RefiJet passed a third-party audit that confirms the security controls are in place and meet or exceed industry standards. YSG/RefiJet provides its lender partners with the ability to access the report and confirm ongoing compliance through a secure online platform.
The vehicle title is the legal document that is the state’s record of who owns the vehicle.
