This is a benchmark accomplishment for ChainSys that proves our organization is dedicated to keeping customer information secure, confidential and highly available.
For an innovator in the cyber risk SaaS space, data security is critical.
This accomplishment demonstrates that our processes, procedures and controls are in compliance with the applicable Trusted Services Principles and Criteria set by AICPA.
System and Organization Controls (SOC) 2 is a widely recognized attestation of security compliance defined by the AICPA and is considered the standard for ensuring data security and operational maturity. A SOC 2 certification provides valuable information for companies to assess the quality of the security provided by the organization.
Many companies have high requirements for technology vendors, especially SaaS vendors. When we meet with potential customers, they often have many questions about our policies and procedures, including securing data, controlling access, and tracking and responding to incidents. Our SOC 2 Type 1 certification report provides detailed answers to these questions and facilitates the security approval process with these customers.
During a SOC 2 audit, the auditor validates the presence of the organization’s description and the sustainability of the design of control activities against the selected Trust Services Criteria (TSC): security, availability, confidentiality, privacy, and process integrity. This report will also include management’s description of a service organization’s system, including service commitments, system requirements, and the suitability of the controls’ design.
We have started working toward our next milestone: achieving SOC 2 Type 2 compliance, which will be based on what we have already attained with our Type 1 certification. Attaining the SOC 2 Type 2 certification will ensure that our customers’ trust in us remains intact. Customers should be confident that their data is safe and secure.
A copy of ChainSys SOC 2 Type 1 certification report is available to current and potential users under NDA upon request.
Chain Sys’s greatest strength is the people that strive to create visionary products and relentlessly focus on championing bold ideas that help our clients achieve the extraordinary.