Toronto, ON (PRWEB) June 24, 2014
DisclosureNet announced today that it has successfully obtained the Service Organization Control (SOC) 2 Type 1 certification after undergoing a thorough audit performed by Deloitte. Internationally recognized as one of the most stringent audit programs for service providers, DisclosureNet is one of the first SaaS disclosure management platforms to receive this accreditation.
“The SOC 2 certification is among the highest industry standards for security,” said Stephane Jasmin, DisclosureNet founder and CEO. “It’s the best reassurance we can give our clients that DisclosureNet has the necessary controls in place to protect their data and privacy.” Previous certifications of this kind such as the SSAE only focused on financial controls, whereas DisclosureNet’s SOC 2 certification signifies optimal security across the entire organization.
More specifically, this is an official testimonial that DisclosureNet’s integrated disclosure management solution is fully protected against unauthorized access. Since expanding its product and service offering over the last eight months, DisclosureNet pursued the certification to demonstrate its ongoing commitment to client security. This is largely a response to the rapid proliferation of data over the past decade, which has prompted a growing concern with how corporate data is treated and protected by third party vendors.
“When companies are seeking a financial reporting solution, it’s not uncommon for the standard of security and privacy controls to become a determining factor in who becomes their preferred provider,” says Jasmin, adding that, “it’s nice to show them that we’re one of the few in the disclosure management market with this certification.”
To learn more about DisclosureNet, visit http://www.disclosurenet.com.
DisclosureNet™ is a trademark of DisclosureNet Inc.
DisclosureNet™ provides cloud-based and in-house enterprise disclosure management solutions and services that help improve efficiency, accuracy, control, and reduce risk in your internal and external reporting. What sets us apart is that we enhance disclosure management with the ability to conduct peer comparisons and XBRL analyses, while providing access to accounting standards, rules and regulations. Ultimately, DisclosureNet™ helps improve the quality of your disclosures and accelerates your reporting cycles.