We have a super exciting announcement to make about Iteration X. We are now SOC 2 Type II certified!
The audit was conducted by Insight Assurance, a leading global professional auditing firm. The audit affirmed that Iteration X’s information security practices, policies, procedures, and operations meet the SOC 2 standards for security, availability, and confidentiality. This report represents our commitment to security and is a result of months of hard work by our team.
Iteration X employs the best-in-class security practices and policies which ensure that our network is secured physically and virtually, and that our customers’ data and information is both private and secure. We continuously aim to not just meet but also exceed industry standards and customer expectations for security controls by using a comprehensive set of security controls and processes to track and secure your information.
The Association of International Certified Professional Accountants (AICPA) runs independent audits looking at Systems and Organization Controls (SOC), specially the SOC 2 audit, for service organizations that hold, store, or process their users’ information, focusing on IT security and availability processes. This is the most thorough SOC protocol and it attests not only to the adequacy of our processes and systems, but also to our operational effectiveness in adhering to those controls over time.
A snapshot of some controls covered by SOC 2 are :
- Control Environment
- Communication and Information
- Risk Assessment
- Monitoring Activities
- Control Activities
- Logical and Physical Access Controls
- System Operations
- Change Management
- Risk MitigationSOC 2 is the most sought after security framework for growing SaaS companies.
SOC 2 certification demonstrates your organization’s ability to effectively safeguard the privacy and security of customer and client data. While a Type 1 report describes a service provider’s systems and whether the system is suitably designed to meet relevant trust principles, the Type II report details the operational effectiveness of those systems. Our SOC 2 Type II compliance report contains a history element that demonstrates how Iteration X controls were managed over time. It also considers how well our internal controls and systems perform over time. We will be renewing this audit annually as a part of our continuous commitment to maintaining and strengthening security at Iteration X.