What does SOC 2 certification mean?
SOC 2 describes how a company should manage client data in the cloud and is an optional compliance standard for software companies using cloud-based solutions. The American Institute of Certified Public Accountants (AICPA) developed compliance to ensure that services are secure, available, and confidential, and that best practices for information security are followed.
What does the SOC 2 certification mean to OpenLM?
As a global leader in software license management, security and compliance has always been at the top of our priority list, ensuring the protection of our customers’ data from unauthorized access.
Being compliant entails being able to substantiate our security standards’ compliance with the widely accepted SOC 2 information security standard.Â
Additionally, it’s about ensuring that our business has the greatest standards of information security policies, procedures, and practices so that we can win our customers’ and partners’ trust!Â
What precisely was audited?
If you’re wondering what exactly was evaluated in our SOC 2 audit, this is for you. Security, Availability, and Confidentiality, three crucial Trust Service Principles that are pertinent to our business activities, are covered in our audit report. To guarantee that our security controls are deployed and functioning properly, numerous tests were conducted.
We are thrilled to have acquired the “official” seal, which attests to our excellent information security standards and best practices. With our report, we have improved security oversight across all of our business operations in addition to meeting the SOC 2 criteria.
Our trusted compliance partner
Scytale’s expert and hands-on SOC 2 guidance and automation technology got us fully and efficiently prepared for our audit, with automated evidence collection, continuous control monitoring, and more.
Our customers are in safe hands
Our customers trust us to manage their sensitive data. With our SOC 2 Type 2 report, our customers can rest easy knowing that their information is protected.Â
Every choice we make keeps our customers in mind. Our dedication to sound security standards is demonstrated to our clients and potential clients by showing them an SOC 2 report. It also shows they are partnering with a company that takes information security and compliance seriously.
What comes next?
Upholding compliance is crucial when it comes to SOC 2. We promise to update our SOC 2 report once a year for an audit term of one year. In addition to updating all relevant policies and processes and engaging in all required risk management, we will continually assess our compliance status.
Want to read our SOC 2 Type 2 compliance report? Reach out to us at sales@openlm.com.
