Wiliot announced that the compnay has successfully achieved both System and Organization Controls (SOC) 1 Type II and SOC 2 Type II reports, issued by independent auditors from Ernst & Young Global Limited. SOC 1 and SOC 2 are established auditing procedures developed by the American Institute of Certified Public Accountants (AICPA) to provide assurance about a company’s internal controls. • SOC 1 focuses on a company’s controls over financial reporting, ensuring the accuracy...