SOC 2 is an American standard for data security
Independent review verifies data policies and procedures
Certification provides security and privacy assurance
HSB announced that Meshify, its technology subsidiary for connected Internet of Things solutions, has received Type II Service Organization Control 2 (SOC 2®) audit certification for the data security controls of its commercial IoT platform.
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“This milestone achievement for Meshify means our clients can be confident that HSB uses the most rigorous processes and data security controls to safeguard their information”
Type II SOC 2 certification is a recognized American standard to support the establishment of customers’ trust in a service provider’s data security management practices. This certification provides detailed information and assurance about the controls of a service organization for its data security, including the confidentiality and privacy of the information processed by its systems.
“This milestone achievement for Meshify means our clients can be confident that HSB uses the most rigorous processes and data security controls to safeguard their information,” said Lewis Wight, Meshify Chief Technical Officer.
Confidence in the Protection of Sensitive Data
Developed by the American Institute of CPAs (AICPA), Type II SOC 2 certification was awarded through an independent third-party audit that reviewed the operating effectiveness of Meshify’s data security practices and procedures.
“Type II SOC 2 certification is an important step in our ongoing efforts to protect the sensitive data of our partners and customers,” said John B. Riggs, HSB Applied Technology Solutions senior vice president. “Data security is always a priority as we continue to deliver industry-leading IoT solutions.”
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Meshify Technology for Connected Solutions
Based in Austin, Texas, Meshify provides the small-to-medium enterprise IoT platform for HSB Applied Technology Solutions as it explores and develops IoT, Artificial Intelligence (AI) and other emerging technology solutions.
Applied Technology Solutions is a unit of HSB, a multi-line specialty insurer offering a unique combination of insurance, engineering and technology-enabled services to help manage risks for business, industry, institutions, homes, and farms.
Hartford Steam Boiler (HSB)
HSB, part of Munich Re, is a multi-line specialty insurer and provider of inspection, risk management and IoT technology services. HSB insurance offerings include equipment breakdown, cyber risk, specialty liability and other coverages. HSB blends its engineering expertise, technology and data to craft inventive insurance and service solutions for existing and emerging risks posed by technological change. Throughout its 150-year history HSB’s mission has been to help clients prevent loss, advance sustainable use of energy and build deeper relationships that benefit business, public institutions and consumers. HSB holds A.M. Best Company’s highest financial rating, A++ (Superior). For more information, visit www.hsb.com and connect on LinkedIn, Twitter and Facebook.
Munich Re
Munich Re is one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions. The Group consists of the reinsurance and ERGO business segments, as well as the asset manager MEAG. Munich Re is globally active and operates in all lines of the insurance business. Since it was founded in 1880, Munich Re has been known for its unrivalled risk-related expertise and its sound financial position. It offers customers financial protection when faced with exceptional levels of damage – from the 1906 San Francisco earthquake to the 2019 Pacific typhoon season. Munich Re possesses outstanding innovative strength, which enables it to also provide coverage for extraordinary risks such as rocket launches, renewable energies or cyberattacks. The company is playing a key role in driving forward the digital transformation of the insurance industry, and in doing so has further expanded its ability to assess risks and the range of services that it offers. Its tailor-made solutions and close proximity to its customers make Munich Re one of the world’s most sought-after risk partners for businesses, institutions, and private individuals.
