Luthor Reaches SOC 2 for Safer AI Compliance for RIAs
Luthor has achieved SOC 2 compliance, making us one of the first AI compliance platforms to meet these standards.
Luthor has officially achieved SOC 2 compliance, making the company one of the first AI-powered compliance platforms to meet these rigorous security RIA’s standards.
SOC 2 is a security framework that evaluates how well a company protects customer data. The certification process includes a detailed audit by an independent third party to verify that the company has the right controls in place to keep your information safe.
At Luthor, we've always taken security seriously. We work with a lot of sensitive information—marketing materials, compliance documents, internal communications—and we know how important it is to keep all of that protected. So getting SOC 2 certified was a natural next step for us as we continue to grow.
"With this certification we actually wanted to prove to our clients in regulated industries that their data is in good hands when they use Luthor," says Glenn Espinosa, our CEO and founder. "Security has been part of our DNA from day one, but now we have the formal validation to back that up. And that matters, especially when you're dealing with financial services and RIAs that need to meet strict regulatory requirements."
The road to certification took about six months of work, reviewing Luthor’s security practices, making some improvements, and documenting everything. We had to look at how we handle data, who can access it, what happens if there's a problem.
What does this mean for you? Well, if you're already a Luthor client, you can feel more confident that your data is protected by systems that meet industry standards. And if you're considering Luthor, you should know that we take security as seriously as compliance. And for our clients in financial services, and other regulated industries, both are non-negotiable.
What's Next
We're not stopping here. SOC 2 compliance is an ongoing process, not a one-time achievement. We'll continue to be audited regularly to make sure we're maintaining these standards, and we'll keep improving our security practices as technology and threats grow more complex.
With Luthor now SOC 2 compliant, you can reduce risk, save time, and tackle compliance more efficiently while knowing your data is protected.
Want to see how our AI-powered compliance platform can help your business? Request a demo today and see firsthand how we can help you catch potential regulatory issues before they become problems.