Information security is a top priority for organizations operating within or transitioning to a cloud-based model. From complying with the strict guidelines of highly regulated industries to safeguarding data that is the foundation of business operations—every company has unique security demands.
For cloud-native service providers and digital transformation experts like us, this means an ongoing commitment to security and privacy is crucial to building trusting relationships. That’s why we’re excited to announce our achievement of SOC 2® Type 1 certification as of December 13, 2019.
Achieving this certification represents our commitment to continuous security improvements. And it’s just one step among many, as we are pursuing additional SOC certifications throughout the next year.
What is SOC 2® Type 1 Certification?
The SOC 2® Type 1 certification was developed by the American Institute of Certified Public Accountants (AICPA) to evaluate an organization’s systems and services and verify that strict information security standards are being met.
Achieving this certification indicates that a service organization meets trust criteria for controls relevant to security, availability, confidentiality or privacy, and processing integrity of the systems used to process data.
Controls that are audited during the certification process also play a role in oversight of the organization, vendor management programs, internal corporate governance and risk management processes, as well as regulatory oversight.
What Does This Mean for Your Organization?
In a word, it means trust. Companies in many highly regulated industries require the cloud service providers they work with to obtain various SOC certification types. But even for industries that don’t require such stringent standards, these certifications provide a sense of confidence that your data is in diligent hands.
Organizations that partner with us can trust that our team is equipped to help them become secure leaders in digital innovation. Visit our Managed Services page to learn more about how 10th Magnitude delivers agility, security, cost management, and stability in your cloud environment so you can focus on what you do best—run your business and innovate.
Read the Press Release: 10th Magnitude Achieves SOC 2® Type 1 Certification