Cyber threats are all around us. Over the past year alone we’ve seen over 3,205 data breaches with over 350 million people affected. It’s essential that all players do all we can to ensure data-privacy and security.
Security and trust are in our DNA at OpenWeb. That’s why we’re happy to announce that OpenWeb is now SOC2 Type II compliant.
One year after achieving SOC2 certification, one of the strictest and most important standards in data security, we’ve now extended the scope of our SOC2 certification to include these additional privacy measures. Below, we’ll take a closer look at defining SOC2 Type II for those who are not aware, and then dive into what this means for OpenWeb’s partners.
What is SOC2 Type II Compliance?
SOC2, or Service Organization Control 2, is a security framework designed by the American Institute of CPAs (AICPA) to ensure that service providers securely manage data to protect the interests of their partners and clients. It determines how companies manage, process, and store data and focuses on five Trust Services Criteria (TSC): security, availability, processing integrity, confidentiality, and privacy.
Type II certification is granted following a company’s sustained compliance and maintenance of security processes over a few months. In order to become SOC 2 Type II compliant, we had to go through and successfully pass a company-wide audit, conducted by PwC, that rigorously assessed our technical and organizational security controls over several months.
What does this mean for our partners?
SOC 2 Type II compliance shows our commitment to keeping our partners data secure. Below are some of the many benefits that our compliance to these standards brings to the table:
Enhanced Data Security:
SOC2 Type II compliance requires us to implement strict controls and procedures to safeguard data, including measures to protect against unauthorized access, data breaches, and other security risks. By adhering to SOC2 standards, we ensure that your data—and that of your users—is handled with care and diligence.
Increased Trust and Credibility:
Being SOC2 Type II compliant is a testament to our commitment to transparency and accountability. It demonstrates to our partners and stakeholders that we take data security seriously and have implemented the proper measures to protect their information.
Privacy by design:
Our commitment to privacy is a core pillar of our solution design. As privacy regulations evolve, our team is making sure our solutions comply with or exceed global privacy requirements. We’ve now added the privacy criteria to our SOC2 control framework, which was evaluated by our auditors.
Regulatory Compliance:
In an increasingly complex regulatory landscape, SOC2 Type II compliance provides assurance that we adhere to industry best practices and comply with necessary data protection regulations. This helps our publisher partners mitigate risks and ensures that their use of our platform aligns with the necessary regulatory requirements.
Operational Efficiency:
By adhering to SOC2 Type II standards, we streamline our internal processes and operations, leading to improved efficiency. This allows us to better serve our publisher partners by delivering a seamless and reliable experience while maintaining the highest security and compliance standards.
Our Ongoing Commitment
SOC 2 compliance is just the tip of the iceberg when it comes to security. At OpenWeb, we understand the importance of data security in today’s digital landscape. We will continue to invest in security initiatives, technology innovation, and compliance efforts to ensure that OpenWeb remains at the forefront of data protection and privacy.
If you have any questions or would like to learn more about our SOC2 compliance efforts, please don’t hesitate to reach out to us.
