At Gramener, we transform decision-making with insightful data stories, bringing impossibilities to life. It is our mission, our raison d’exister, or our reason to exist. And we do this every day, in every project, through our advanced data analytics capabilities.
It involves working closely with client teams and utilizing real-time client data to develop unconventional and innovative solutions. Needless to say, information security is a top priority for us.
Conscientiously, we have been leveling up our game in information security over the last decade. In recent years, we have already laid the groundwork with the ISO 27001:2013 certification. And with an increasing focus on cloud-based solution deployment, we also set out on our SOC2 certification journey.
Today, we are proud to announce that Gramener is now a SOC2 type 1 compliant organization.
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What is the SOC2 Type 1 Audit and Certification Program?
The SOC 2 certification is a minimum requirement asked for by organizations looking for reliable SaaS partners. Conceptualized by the American Institute of Certified Public Accountants, SOC 2 is an audit mechanism. It provides a detailed report about a service organization’s information security, processing integrity, confidentiality, and privacy controls. Its purpose is to ensure that service providers securely manage any organization’s data. It helps in protecting the privacy of clients and their customers.
SOC 2 has five criteria for managing customer data based on five trust service principles. These criteria are security, availability, processing integrity, confidentiality, and privacy.
What is the Difference between SOC2 Type 1 and Type 2
The SOC 2 reports are unique to every organization and provide crucial information about how a service organization manages client data.
There are two types of SOC reports:
- Type 1: This report explores an organization’s systems and their design. It concludes if the systems are suitable to meet the trust principles.
- Type 2: This report talks about the operational effectiveness of the organization’s systems.
What does it Mean for Gramener?
The SOC2 Type 1 compliance establishes Gramener as a reliable consulting partner with the highest industry standards for information compliance. It will help us:
- Speed up our new client onboarding cycle
- Fast track our existing client annual reviews
- Deliver more value to our clients
As we move forward in our information security and compliance journey, our next step is to gear up for the SOC2 Type 2 certification. Interested in knowing more about our offerings, get in touch with us.
Congratulations on achieving SOC 2 Type 1 certification! As someone who values data security and privacy, it’s reassuring to know that Gramener has taken the necessary steps to ensure that its systems and processes meet the rigorous standards set by the SOC 2 framework. Congratulations again on this significant accomplishment, and I look forward to seeing how Gramener continues to prioritize data security in the future.