When considering AI-powered accounting systems, security and compliance are non-negotiable. Financial data is among the most sensitive information a company possesses. CFOs and Controllers need confidence that AI systems protect this data as rigorously as traditional systems—or more so.
Highfy approaches security with defense in depth. All data is encrypted in transit using TLS 1.3 and at rest using AES-256. Customer data is logically isolated—each customer operates in a separate workspace with strict access controls. Authentication supports SSO integration and enforces MFA. API access is controlled through scoped tokens with granular permissions.
SOC 2 Type II compliance is table stakes for enterprise finance software. Highfy maintains SOC 2 compliance, with annual audits by independent third parties. This certification verifies that our security controls for availability, confidentiality, and integrity meet rigorous standards. Customers can request our SOC 2 report to share with their auditors and security teams.
AI-specific security considerations deserve attention. Where is data processed? Highfy processes all data in secure cloud environments with geographic controls. Is data used to train shared models? No—your data is used only to improve your specific instance, never shared across customers or used for general model training. How are AI decisions explained? Every action includes explanation and audit trail.
Data privacy regulations (GDPR, CCPA) apply to financial data containing personal information. Highfy supports data residency requirements for customers needing EU data storage. Personal data handling follows privacy-by-design principles with minimal retention and purpose limitation. Data subject requests (access, deletion) are supported through administrative controls.
Audit readiness is enhanced by AI systems when implemented correctly. Every transaction includes complete provenance: who authorized it, what AI recommended, what changes were made. The approval workflow creates natural segregation of duties (AI proposes, human approves). Reports can be generated showing all actions with timestamps and user attribution. Auditors often find AI-powered systems easier to audit than manual processes.
Vendor due diligence questions to ask: SOC 2 report availability, penetration testing frequency, incident response procedures, insurance coverage, data processing locations, subprocessor list, and business continuity plans. Highfy provides documentation for all of these. Security is foundational to our platform, not an afterthought.