In an ever-changing digital world, data security is more crucial than ever! Companies that manage sensitive information need to ensure that their systems are reliable and secure.
With this in mind, Qobra, the commission management platform, has just announced that it has been awarded SOC 2 Type 2 certification, a major accolade in the field of IT security.
1. What is SOC 2 Type 2 certification?
SOC 2 Type 2 certification features
SOC 2 Type 2 certification, issued by the American Institute of CPAs (AICPA), is an IT security standard that assesses the way a company handles and protects sensitive customer data.
More specifically, Type 2 assesses an organisation's ability to maintain these practices over an extended period, generally 6 to 12 months.
Assessment criteria
To obtain SOC 2 Type 2 certification, Qobra had to demonstrate compliance with the five SOC 2 trust criteria:
- Security: The company must prove that it has adequate security measures in place to protect customer data against unauthorised access, hacking and other threats.
- Availability: The supplier must guarantee that its services are available and function correctly according to customers' needs.
- Confidentiality: The service provider must protect its customers' confidential information and ensure that it is not disclosed to unauthorised third parties.
- Integrity: The company must ensure that its customers' data is accurate, complete and reliable throughout its lifecycle.
- Regulation: The supplier must guarantee that its customers' personal information is handled in accordance with the laws and regulations in force.
2. The SOC 2 Type 2 certification process
Initial assessment
The SOC 2 Type 2 certification process begins with an initial assessment, during which Qobra examines its existing security practices and identifies any gaps. This stage is crucial because it enables the company to understand where it stands in relation to the requirements for SOC 2 Type 2 certification.
Implementation of safety measures
Following the initial assessment, Qobra implements the necessary measures to strengthen its security and confidentiality. This may include the adoption of firewalls, data encryption, strict access controls and other IT security measures.
External audit
Once the security measures have been put in place, Qobra calls in an external audit firm specialising in SOC 2 Type 2 certification. The auditor examines the company's security practices in detail to ensure that they comply with the standards set by the AICPA.
Certification report
Upon successful completion of the external audit, Qobra receives a certification report detailing the auditor's findings. This report can be shared with customers and stakeholders to demonstrate compliance with SOC 2 Type 2 standards.
3. Why obtain SOC 2 Type 2 certification?
Strengthening customer confidence
By obtaining SOC 2 Type 2 certification, Qobra is strengthening the confidence of its customers by demonstrating its commitment to the security and confidentiality of their data. Customers can rest assured that their sensitive information is in safe hands.
Risk reduction
SOC 2 Type 2 certification helps Qobra to reduce the risk of data breaches and the associated financial losses. By adopting robust security practices, the supplier minimises the chances of suffering cyber attacks, thereby protecting its customers' reputation.
Regulatory compliance
In many sectors, SOC 2 Type 2 certification is a crucial element of compliance with data protection regulations. By achieving this certification, Qobra helps its customers to meet the legal and regulatory requirements to which they are subject.
4. Why avoid non-certified service providers?
Working with service providers who are not SOC 2 Type 2 certified entails significant risks for companies:
- Exposure to data breaches: Uncertified companies are more susceptible to data breaches, which can lead to financial loss and reputational damage.
- Lack of transparency: Without certification, it is difficult for customers to verify a provider's security practices, which can lead to a loss of trust.
5. The advantages for customers of working with a SOC 2 Type 2 certified service provider
Working with a SOC 2 Type 2 certified service provider offers customers a number of advantages:
- Enhanced data security: Customers can rest assured that their data is handled securely and in compliance with the strictest standards.
- Regulatory compliance: By choosing a certified provider, customers can meet the regulatory requirements of their own sector.
- Increased confidence: By displaying SOC 2 Type 2 certification, a service provider demonstrates its commitment to data security and increases the confidence of its customers.
The last word...
SOC 2 Type 2 certification is much more than mere recognition. It's a guarantee of security, reliability and transparency for Qobra customers!
By obtaining this certification, Qobra is affirming its commitment to protecting its customers' data and strengthening its position as a trusted leader in the field of commission management.
By choosing an SOC 2 Type 2 certified service provider, businesses can ensure that their data is in safe hands, which is essential in a digital landscape where security is an absolute priority.
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