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Credit Risk Decisioning Company Provenir Achieves Service Organizational Control 2 Certification for Information Security Practices
Provenir, a global leader in data and AI-powered risk decisioning software, today announced it has successfully completed the Service Organizational Control (SOC) 2 Type 1 audit.
Developed by the American Institute of CPAs (AICPA), SOC 2 defines criteria for managing customer data based on security, availability, processing integrity, confidentiality and privacy. The Type 2 audit reviews a vendor’s systems and if its design meets these relevant trust principles.
The audit affirms that Provenir’s information security practices, policies, procedures and operations meet rigorous SOC 2 standards for security, availability and confidentiality. This independent validation attests to the strict internal controls Provenir has in place to protect user’s data in a highly regulated industry.
“Achieving SOC 2 certification, along with our ISO 27001 Information Security Management System certification, reinforces Provenir’s commitment to the protection and safeguarding of data across our products,” said Claire Hartley, Provenir Chief Compliance Officer and Data Protection Officer. “Our commitment to and investment in data security and compliance demonstrates to our customers that data protection is our highest priority.”
Earlier this year, Provenir announced ISO/IEC 27001 certification, which provides evidence to a company’s consumers, investors, and other interested parties that the organization is managing information security according to international best practices.
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