Company Update

Vsourz is Now SOC 2 Compliant: Building Trust and Protecting Your Data

By Vsourz - 29 January 2024
Vsourz is Now SOC 2 Compliant: Building Trust and Protecting Your Data
What is SOC 2 and Why it is important?
In today's digital world, data security is paramount. As your trusted partner, Vsourz prioritises protecting your information and earning your trust. That's why we're thrilled to announce our achievement of SOC 2 Type 1 compliance!

SOC 2, or Service Organization Controls 2, is a rigorous security framework established by the American Institute of Certified Public Accountants (AICPA). It verifies the effectiveness of our internal controls designed to secure your data. Think of it as an independent audit confirming that Vsourz has the right mechanisms in place to safeguard your information.

What Does this Mean to Our Clients?

As a Vsourz client or customer, you can be confident that:

  • Your data is secure: We have robust safeguards in place to protect your sensitive information from unauthorised access, disclosure, alteration, or destruction.
  • Our systems are reliable: We’re committed to maintaining the high availability of our services, ensuring minimal downtime and disruption to your operations.
  • We operate with integrity: Our processes are transparent and well-documented, demonstrating our commitment to ethical and responsible data handling.

Vsourz’s Journey to SOC 2 Compliance

Leadership and management:
At Vsourz, we firmly believe that robust data security is not just a technical pursuit, but a core organisational value. From the very beginning of our SOC 2 journey, our leadership team led the charge with unwavering commitment and a clear vision. Our high-performing team of compliance experts and security engineers diligently drove the SOC 2 compliance process and implemented robust security measures to safeguard our infrastructure. Their tireless efforts and collaborative spirit were instrumental in achieving this milestone.

Process:
The SOC 2 audit process can be demanding, but we knew that with the right approach, we could navigate it efficiently. We partnered with Vanta, a leading Trust Management platform, to automate evidence collection and streamline documentation.
We also worked closely with Advantage Partners, our expert audit firm, to ensure a seamless audit experience. Their guidance and expertise helped us understand the specific requirements of the SOC 2 framework and implement the necessary controls effectively.

Timeline:
Understanding that achieving compliance is a monumental task, we emphasise the importance of a dedicated focus. Our initial preparation phase took approximately 1 month, during which we implemented key controls and established documentation. We understand that timelines can vary depending on the complexity of an organisation and the scope of the audit. However, our experience demonstrates that with proper planning and commitment, achieving SOC 2 compliance can be accomplished within a reasonable timeframe. We expect our subsequent SOC 2 audits to be even more seamless and to be completed in weeks vs months.

Lessons We Learned

Here are some key takeaways:

  • Focus on Improvement, Not Just Compliance: We discovered that simply checking boxes wasn’t enough. Instead, we focused on building a robust security posture that aligns with our core values and protects our customers’ data effectively.
  • Start Early, Reap the Rewards: Initiating the compliance process early allowed us to establish a strong foundation and ensure a smooth audit. Conducting early gap assessments helped us to direct our efforts towards missing controls and saved us time and resources in the long run.
  • Engage Everyone, Build a Culture of Security: Involving all stakeholders across the organisation was crucial for fostering a culture of security awareness and building an effective security program.

Vsourz’s Commitment to Security

Embarking on SOC 2 compliance is a testament to our dedication to customer trust and security, it’s a commitment to continuous improvement and setting bold standards. By undergoing this rigorous audit, we’ve reaffirmed our dedication to:

  • Building trust and transparency by demonstrating our commitment to ethical and responsible data handling.
  • Strengthening our security posture to safeguard customer data from unauthorised access or breaches.
  • Mitigating potential risks by employing proactive security measures to stay ahead of emerging threats.
The protection of customer data is the highest priority for our team, and we’re committed to building a robust security & compliance program. We remain dedicated to:
  • Maintaining and refining our security controls from time to time.
  • Adapting to the ever-changing cybersecurity landscape.
  • Investing in the latest security technologies and best practices.
  • Fostering a culture of transparency and accountability in protecting data.
By choosing Vsourz, you partner with a company that prioritises not only your data security but also your trust. We invite you to experience working with a trusted partner that values your information and your peace of mind.
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