After securing ISO 27001 certification in early January, CyberSift's next milestone was attaining SOC 2 compliance.

The company notes that this achievement “highlights its steadfast commitment to protecting client data and maintaining the highest standards of data security and privacy.”

So, what is SOC 2?

SOC 2 compliance is a critical aspect of data security and privacy for organisations, particularly in the SaaS industry.

It is a voluntary compliance framework developed by the American Institute of Certified Public Accountants (AICPA) to assess and validate an organisation's information security practices.

SOC 2 compliance is crucial for organisations to ensure the security and privacy of customer data, demonstrating their commitment to maintaining high standards of data protection and operational resilience.

CyberSift's leadership team emphasises the critical importance of SOC 2 compliance in safeguarding client data.

David Vassallo, Chief Technology Officer (CTO) at CyberSift, highlights this by stating that, achieving SOC 2 compliance demonstrates the company’s dedication to providing secure and reliable services.

“This accomplishment validates the hard work and diligence of our team, assuring our clients that we meet industry standards. As we continue to innovate and grow, prioritising security remains our foremost commitment,” he continues.

Achieving SOC 2 compliance at CyberSift involves several key steps, including defining the scope by aligning with standards and engaging with accredited auditing firms to conduct thorough assessments over a specified period, culminating in the completion of a SOC 2 Type II audit.

This rigorous evaluation process validates the presence of essential infrastructure components, security measures, and processes within the organisation.

The impact of achieving SOC 2 compliance at CyberSift is “profound for clients, providing them with confidence that their data is handled securely and in compliance with stringent standards.”

This trust is particularly crucial when dealing with sensitive customer data and global enterprise organisations.

Furthermore, CyberSift's achievement of ISO 27001 certification earlier this year “underscores its systematic approach to managing sensitive company and customer information securely.”

This globally recognised standard ensures that CyberSift establishes, implements, maintains, and continuously improves an information security management system, highlighting the organisation's commitment to business excellence and effective management of information security risks.

For CyberSift clients, the SOC 2 and ISO 27001 certifications signify more than just badges; they represent a guarantee that CyberSift can be trusted with sensitive data, allowing clients to focus on their core activities while entrusting data security to CyberSift.

These certifications “not only safeguard data but also strengthen clients' security and compliance practices” against potential threats, ensuring the integrity and security of their operations.