We are proud to announce that Stratify has achieved SOC 2 Type II security compliance. This milestone demonstrates our commitment to ensuring the security, confidentiality, and privacy of our clients' financial data.
What is SOC 2 Type II compliance?
SOC 2 Type II compliance is a rigorous security standard developed by the American Institute of CPAs (AICPA). It requires companies to implement strict controls and procedures to protect their clients' sensitive information in accordance with five trust principles: security, availability, processing integrity, confidentiality, and privacy. Achieving SOC 2 compliance involved an independent audit and assessment by a third-party auditing firm, Prescient Assurance.
Stratify's Type II certification, which confirms that our controls are consistently effective over time, provides meaningful assurance that customers' data is secure and protected. In contrast, Type I certification only provides a snapshot of a company's controls.
Why does SOC 2 Type II compliance matter?
Stratify is the strategic finance platform that helps Financial Planning & Analysis teams plan faster and with more accuracy. We know how important it is to keep our customers' financial data safe, so they can focus on providing insights and collaborating with stakeholders.
"We take the security of our clients' data very seriously, and achieving SOC 2 compliance is a significant milestone for us and for our customers," says Brian Torrey, VP of Engineering at Stratify. "We have always made security a top priority, and this certification is a testament to the hard work and dedication of our team."
Know your data is safe and secure
SOC 2 Type II compliance is just one of the many steps we are taking to ensure that our clients can trust us with their sensitive information. Stratify has implemented multiple layers of security controls to protect client data. These include encryption, access controls, penetration testing, employee background checks, and regular security audits.
We will continue to invest in security and privacy to ensure that our platform remains compliant with the highest industry standards. Thank you to our clients for trusting us with your data, and we look forward to continuing to serve you with the highest level of security and reliability.
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