For every company, data is an asset to the organization. And ensuring its privacy must be the sole responsibility for every business. In present times, we all strive to become digitally equipped. And thus, sharing our data online has become more or less a day-to-day phenomenon. However, how can one rest assured that their personal information is completely secure? Well, to maintain integrity, companies must ensure that their customer’s sensitive information is in the right hands and highly protected.
Mitigate The Risk Of Data Breach
In the recent COVID-19 situation, the risk of data leaks, data breach, and misuse of information has spiked up. More so, in a remote working/learning environment. As a result, companies need to ensure that such a mishap can tamper the firm’s reputation. And this might have a lasting impact on their customers.
Hence, protecting customer’s data is fundamental today and in the near future.
Proctortrack By Verificient Is SOC 2 Type 2 certified!
What is SOC 2 Type 2?
SOC stands for “system and organization controls.” A SOC 2 Type 2 report is an internal record that entails how a company safeguards, regulates and controls customer data. These reports issued by independent third-party auditors covering the principles of Security, Availability, Confidentiality, and Privacy.
Verificient has the distinction of being one of the first in the industry to be SOC 2 audited. It also utilizes the SSAE 16/18 framework to provide security review.
Verificient is SOC 2 Type 2 certified and undertakes an independent third-party audit that reviews and verifies internal controls and processes’ effectiveness. The examination covers internal governance, production operations, change management, data backups, and software development processes.
Built On Trust!
As a cloud-based company entrusted with some of its customer’s most valuable data, Verificient has set high standards for security. The company has received several security certifications from the American Institute of Certified Public Accountants.
The company has wholeheartedly invested in building a robust security team. It aims to handle various issues – everything from threat detection to building new tools.
How Does It work?
The SOC program offers independent verification that Verificient provides, keeping in mind the recognized standard of security measures. Furthermore, the program covers critical data processing and integrity elements. And thus, maintains audit practices within the company’s operational processes.
The key components of the SOC program include:
- Data Security: How Verificient sets up information security and data protection controls.
- Change Management: How it makes sure that it accurately tracks and reviews changes.
- Access Control and Management: Who has access to platform operations and how they manage this access
- Data Redundancy and Backup: How data is kept safe and stored in the event of adversity.
- Software Architecture and Development: Oversight of the development effort around Verificient’s platform.
Hence, a company that has achieved SOC 2 Type 2 certification is driven by trust. It assures that the company fulfills the norm of data privacy. When it comes to working with cloud-based companies, regulators, examiners, and auditors keep a watch on their confidential data & security the most.
