SOC 1 and SOC 2 compliance confirms tech company’s data security
The company wanted to meet customer and owner demands to demonstrate data security within its web-based application, since it collects and stores a vast amount of sensitive information.
Given pressure from multiple owners for robust security and compliance, as well as customer requests to audit the company’s security controls, the company sought a third party to review its internal controls. Our engagement began with initial planning meetings to ensure clear communication with all involved parties. Our team, which included multiple partners and senior-level staff, took an allhands- on-deck approach from day one.
Our experts provided guidance to the company at a very early stage, which laid the foundation for an ongoing, efficient, and collaborative working relationship. Our team was constantly in touch with company management, and we provided the majority of service on-site, which was important to the client.
Our continued close working relationship means company leadership calls on our team whenever they need advice. When the client acquired another company with contracts that required a SOC examination, they again turned to our professionals. Ultimately, the ability for our client to provide an independent, third-party report on the controls for the data security of its credit application management system has improved customer and owner confidence and reduced time spent addressing customer audit requests.