We're thrilled to announce that Rownd has achieved SOC 2 Type 2 certification! This is a significant milestone for us and a testament to our commitment to security, trust, and excellence in handling your data.
What is SOC 2 Type 2 Certification?
SOC 2 (System and Organization Controls 2) is a rigorous auditing procedure developed by the American Institute of CPAs (AICPA). It ensures that service providers securely manage data to protect the privacy and interests of their clients. SOC 2 is essential for technology and SaaS companies that handle customer data, especially in the B2B sector.
The certification comes in two types:
- Type 1: Assesses the design of security processes at a specific point in time.
- Type 2: Examines the operational effectiveness of these processes over a period of time (usually three months or more).
The Journey to SOC 2 Type 2 Certification
Achieving SOC 2 Type 2 certification is no small feat. It requires a thorough review and assessment of our data security practices, policies, procedures, and controls. Here’s what the process entailed:
- Preparation and Planning: We started by identifying the key areas of our operations that needed to be evaluated. This included our infrastructure, software, people, procedures, and data.
- Risk Assessment: We conducted a comprehensive risk assessment to identify potential threats and vulnerabilities. This helped us implement robust security measures tailored to our specific needs.
- Implementation of Controls: Based on the risk assessment, we implemented a series of controls designed to mitigate identified risks. These controls cover aspects like data encryption, access controls, disaster recovery plans, and regular security training for our team.
- Monitoring and Testing: Over several months, we continuously monitored and tested our controls to ensure they were operating effectively. This involved regular internal audits, vulnerability assessments, and penetration testing.
- Penetration Testing: An independent tester tries to gain access to Rownd systems and data to ensure Rownd is safe and secure.
- Independent Audit: An independent third-party auditor then reviewed our controls and processes. The auditor examined our systems, interviewed our team, and tested our controls to ensure they met the stringent SOC 2 Type 2 requirements.
- Certification: After successfully passing the audit, we were awarded the SOC 2 Type 2 certification.
Why This Matters
Achieving SOC 2 Type 2 certification is more than just a badge of honor. It demonstrates our unwavering commitment to protecting your data and maintaining the highest standards of security and privacy. Here’s why it matters:
- Enhanced Trust: Our customers can trust that their data is handled with the utmost care and security. This certification is a testament to our dedication to protecting their information.
- Competitive Advantage: In today’s market, security is a top concern for businesses. Our SOC 2 Type 2 certification sets us apart from competitors and assures our clients that we meet the highest security standards.
- Continuous Improvement: The certification process has helped us refine our security practices and continuously improve our controls. It’s an ongoing commitment to excellence and security.
Moving Forward
While achieving SOC 2 Type 2 certification is a significant achievement, it’s not the end of our journey. We will continue to invest in our security infrastructure, regularly update our controls, and stay ahead of emerging threats. Our goal is to provide you with the most secure and reliable platform possible.
We’re excited about what the future holds and look forward to continuing to earn your trust every day. Thank you for being a part of our journey and for trusting Rownd with your customer's data.
