There were 517M records breached just in November 2023.
There have been over 2.6B data breaches in the last 2 years! It is more important than ever to take every precaution to keep user data safe. One way that a company can ensure that they keep data safe is by undergoing SOC 2 Certification.
In the fast-paced world of B2B SaaS (Software as a Service), Ascendo.ai stands out not just for its innovative solutions but also for its unwavering commitment to SOC 2 (Service Organization Control 2) compliance.
What does SOC 2 stand for?
SOC 2 stands for “Service Organization Control 2.”
It is a framework for managing and securing sensitive data that is relevant to technology and cloud computing organizations. Developed by the American Institute of Certified Public Accountants (AICPA), SOC 2 focuses on the security, availability, processing integrity, confidentiality, and privacy of customer data. Companies that handle sensitive client information, such as those in the SaaS (Software as a Service) industry, often undergo SOC 2 compliance audits to demonstrate their commitment to data security and privacy. The certification process involves an audit by a third party to verify that a company is meeting SOC guidelines.
Why is SOC 2 Certification Important?
SOC 2 Certification is vital because it holds businesses to a standard that protects consumer data. It allows the consumer to have peace of mind knowing that a company is vetted and approved, with data.
SOC Certification is essential for companies that store data in the cloud and those that offer SaaS (Software-as-a-Service) subscriptions. Companies that handle healthcare information fall under patient-protection laws and HIPAA (Health Insurance Portability and Accountability), so having SOC 2 certification and compliance is a good step for them to show they are protecting patients’ information such as when offering medical insurance verification services.
SOC 2 Certification is not required, but it is a way of communicating the degree of care a company takes to the consumer. High-profile data breaches are in the news all the time, and it seems more accessible than ever for criminals to compromise confidential data.
Companies should test all web applications and software to ensure they stand up to hacking, Denial of Service (DOS) attacks, and any other attempts that compromise customer information. When a company does have a data breach, it lowers public opinion of them, and users can experience identity theft. That could ruin their credit or lose them their retirement savings!
It is up to companies who use this data to conduct business to protect their users. A SOC 2 certification can go a long way to building user confidence.
SOC 2 Trust Services Criteria
To pass the SOC 2 audit process, a third party evaluates a company’s system on five SOC 2 Trust Services Criteria including:
Let us delve into why Ascendo.ai takes SOC 2 seriously and how this commitment is instrumental in enhancing data security, fostering customer trust, and positioning the company as a reliable industry leader.
Ascendo.ai places its customers at the forefront of its priorities. Recognizing that trust is the foundation of any successful partnership, Ascendo.ai has embraced SOC 2 compliance to assure clients that their data is handled with the highest level of security and confidentiality.
Proactive Data Security Measures
Taking SOC 2 seriously is not just a compliance checkbox for Ascendo.ai; it is a proactive stance toward ensuring the utmost security of client information. The company has invested in robust internal controls and advanced security measures to identify and address potential vulnerabilities, minimizing the risk of data breaches.
Leadership in Data Protection
Ascendo.ai sees SOC 2 compliance as an opportunity to lead in the realm of data protection. By voluntarily adhering to these stringent standards, the company sets a precedent in the industry, displaying its commitment to maintaining the highest levels of security and privacy for its clients.
Customer Education and Transparency
SOC 2 compliance is not just a behind-the-scenes effort for Ascendo.ai; the company actively educates its customers on the significance of this commitment. By fostering transparency and open communication, Ascendo.ai ensures that clients are not only aware of the measures in place but also feel empowered in their choice of a SaaS partner.
Continuous Improvement and Adaptation
Ascendo.ai’s dedication to SOC 2 compliance goes beyond a one-time effort. The company views it as a continuous journey of improvement and adaptation. By staying abreast of evolving security threats and compliance requirements, Ascendo.ai ensures that its data protection measures remain at the forefront of industry standards.
Strategic Business Advantages
For Ascendo.ai, taking SOC 2 seriously is not just about compliance; it is a strategic advantage. The company recognizes that in an era where clients prioritize secure partnerships, being SOC 2 compliant positions Ascendo.ai as a trusted and reliable choice for businesses seeking advanced SaaS solutions.
Proofing for Global Audience
Ascendo.ai has global users in over 61 countries. Its commitment to SOC 2 compliance becomes a key enabler. Many international markets and enterprise clients demand adherence to SOC 2 standards, and Ascendo’s proactive stance ensures seamless integration and partnerships on a global scale.
Ascendo’s dedication to SOC 2 compliance is not merely a requirement; it is a testament to the company’s commitment to client trust, data security, and industry leadership. By taking SOC 2 seriously, Ascendo.ai not only safeguards its clients’ sensitive information but also solidifies its position as a forward-thinking and reliable partner in the dynamic landscape of B2B SaaS. Learn More