lcp

Noogata Is Now a Soc 2 Type I Compliant

By Michael Soussan on June 06, 2022
Noogata is SOC 2 Type I Compliant

Data security is of the utmost importance for Noogata and we are beyond thrilled to announce that Noogata has just achieved SOC 2 Type 1 Compliance– the gold standard in data protection!

What is SOC 2?

SOC 2 was developed by the American Institute of CPAs (AICPA) and is issued by external auditors. SOC reports are unique to each organization and define traits based on that organization alone. These reports provide information on how that particular company manages dat. It defines criteria for managing customer data based on 5 service principles which are outlined below.

Trust Service Principles

SOC 2 contains five trust service principles: security, availability, processing integrity, confidentiality and privacy.

Security: 

Security centers around access controls, which help prevent potential system abuse, theft or unauthorized removal of data, misuse of software, and improper disclosure of information. Firewalls, two factor authentication and intrusion detection are key in preventing security breaches.

Availability: 

Availability refers to a system’s accessibility. It does not speak to system functionality or usability, however, it does deal with security criteria affecting availability. The critical components of this principle are monitoring network performance and availability, site failover and security incident handling. 

Processing Integrity: 

Processing integrity means that data processing is complete, valid, accurate, timely and authorized. 

Confidentiality: 

This ensures that data is confidential, meaning that the access and disclosure is confined to a specified set of people or organization. Encryption is important here and protects confidentiality during transmission. Additionally, network, firewalls, and access controls are used to safeguard information being processed or stored. 

Privacy: 

Privacy refers to the system’s collection, use, retention, disclosure, and disposal of a person’s information in tandem with an organization’s privacy notice and AICPA guidelines.

Why is SOC 2 Compliance Important? 

Data security is one of Noogata’s top priorities and we are thrilled to achieve the gold standard in data protection. With an influx in available data, it’s critical for modern businesses to ensure that their data is secure, available, accurate, confidential, and adheres to privacy regulations. SOC 2 also provides practices and guidelines for security in case of breaches. 

Completing our SOC 2 Journey 

SOC 2 reports are invaluable in ensuring this data integrity and privacy for users, and we’re happy to share that Noogata is now a SOC 2 Type I Compliant. 

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