Independent auditors review and validate internal security protocols and product controls in compliance with AICPA’s Five Trust Principles.
Collabware, a leading provider of archive, discovery, and records management software, today announced the successful completion of the Service Organization Control (SOC) 2, Type 2 Security Compliance audit.
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Led by an independent third party, BDO Canada LLP tested and validated that the controls, outlined in the Type 1 assessment, have been properly maintained over a period of time and remain in common practice. The aim of the audit is to assure security, processing integrity, availability, confidentiality, and privacy of customer data.
“Compliance never sleeps, so Collabware underwent this thorough assessment of both the company and its cloud software product, Collabspace,” says Doug Converse, Director of Compliance for Collabware. “We will continue to undergo annual SOC 2 Type 2 audits to prove our consistent adherence to these security controls.”
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Established as a standard by the American Institute of Certified Public Accountants (AICPA), control criteria is outlined for organizations to create a documented framework of policies and procedures to prove how they manage and secure data in the cloud and ensure protection of customer privacy. The SOC 2 Report has become a benchmark standard for highly-regulated industries in the software procurement process.
“Our customer’s data is their strength. If data is unprotected, it creates a weakness across an organization leaving them vulnerable,” says Graham Sibley, CEO of Collabware. “We will always lead in our commitment to the transparency and trustworthiness of our products and how we implement company policies.”
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