UPDATE: Since this announcement was originally posted, Fulcrum remains SOC 2 compliant.
As part of our commitment to provide a robust, industry-leading platform for our customers, we are pleased to announce that Fulcrum is SOC 2 compliant (Type 1).
About SOC
SOC for Service Organizations are assurance reports on the internal controls of service organizations. These reports help organizations looking to use a SaaS (software-as-a-service) product like Fulcrum assess the associated risks. With data migration to the cloud on the rise, ensuring controls and transparency over end-users’ data is crucial. Consequently, data security and information-security protocols are increasingly vital for companies utilizing cloud-based platforms.
About SOC 2
For SaaS companies in the United States, SOC 2 is the “gold standard” for security compliance. In order to achieve SOC 2 certification, companies must submit to an independent audit that assesses one or more of five crucial factors relating to:
- Security
- Availability
- Processing Integrity
- Confidentiality
- Privacy
If auditors determine that a company meets the strict requirements outlined by SOC 2 standards, they are granted compliance certification.
At Fulcrum, we prioritize trust and transparency in our relationship with customers regarding data security. Customers and end users depend on us to safeguard their information. Therefore, we remain dedicated to investing in security best practices to maintain data safety.
“We are excited about achieving SOC 2 Type I certification for Fulcrum,” said CIO Bill Dollins. “It is an important milestone on our journey to a more secure mobile workforce experience. As Fulcrum grows, we will continue to incorporate the AICPA Security Trust Principles into our business, design, and engineering processes to ensure the security of the data entrusted to us by our customers.”
What does our SOC 2 Type 1 compliant certification mean for Fulcrum customers and their end users?
Our customers will have access to the same powerful features as before, with the added comfort of knowing that our data security practices withstood some of the most rigorous tests in the industry.