ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

TerraTrue Bolsters Its Information Security and Privacy with SOC 2 Certification

By: WebWire

TerraTrue, an innovator in privacy, today announced that it had achieved SOC 2 Type 2 compliance per the American Institute of Certified Public Accountants (AICPA) standards for SOC for Service Organizations also known as SSAE 18. Achieving this standard with an unqualified opinion serves as third-party industry validation that TerraTrue provides enterprise-level security for customer data secured in the TerraTrue Platform. TerraTrue was audited by Prescient Assurance, a security and compliance attestation leader for SaaS companies worldwide.

“Data security is a fundamental element of TerraTrue's commitment to protecting sensitive user information and privacy,” said Jad Boutros, Co-Founder and CEO of TerraTrue. “We are proud to say that we have successfully demonstrated a mature and reliable commitment to protecting our customers' data. A SOC 2 Type 2 audit report attests to TerraTrue's current and future customers that we manage their data with the highest standard of security and compliance. We focus on the privacy and security of our customers' data so that they can focus on their customers.”

What is a SOC 2 Type 2 Report?
A SOC 2 Type 2 Report is a Service Organization Control (SOC) audit on how a cloud-based service provider handles sensitive information. It covers the suitability of a company's controls and its operating effectiveness. These audits provide an objective quantitative assessment that the company conforms to AICPA's SOC framework and manages its customer data in a controlled and audited environment.

A sample of some controls covered in a SOC 2 Type 2 include:


  • Communication of changes to customers
  • Internal access control to production environments
  • System monitoring and ongoing risk assessments
  • Disaster recovery and data backup
  • System and security monitoring and incident response processes
  • Employee onboarding and termination processes


A SOC 2 Type 2 assessment is evidence that an organization is implementing the security controls they say they are and that those controls are working correctly to protect data. Without eyes and ears across the cloud, it is difficult to assess how secure information is in the hands of third-party vendors. A SOC 2 Type 2 report offers peace of mind for customers and partners.

Resources



About TerraTrue
TerraTrue empowers teams to build privacy and security into everything they do through a collaborative, intuitive, and scalable platform. Purpose-built to work with modern product development, TerraTrue seamlessly captures structured data about how teams plan to collect, use, store, and share data. The platform then maps that digital blueprint to the world's privacy laws to automate guidance, risk-flagging, and downstream data maps and reports. Sitting as a hub between product teams and review teams, TerraTrue also smartly routes rule-based workflows throughout an organization, automatically detects and reports infrastructure changes in cloud environments, and drives vendor management — all from the same single source of truth. Using TerraTrue, companies run a scalable, fast pre-deployment privacy program that eliminates spreadsheets, manual ad-hoc processes, and compliance bottlenecks. TerraTrue was founded in 2018 by former Snap execs and is backed by, among others, 3L Capital, Anthos Capital, and Chris Sacca. Modern brands like Lyft, Robinhood, Roku, and Foursquare are shifting left to get privacy right with TerraTrue.

# # #

— WebWireID292508 —


Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.