Voluntary adherence to this security compliance standard shows Heartex customers and prospects a commitment to data privacy and operational excellence.
SAN FRANCISCO, Oct. 12, 2022 /PRNewswire-PRWeb/ -- Heartex, creator of the open-source Label Studio project and Label Studio Enterprise, has completed its System and Organization Controls (SOC) 2® Type II audit in accordance with American Institute of Certified Public Accountants (AICPA) standards for SOC for Service Organizations. This is also known as a Statement on Standards for Attestation Engagements 18 (SSAE 18).
The SOC 2 audit was developed by the American Institute of CPAs (AICPA) to allow a third-party auditor to validate a service company's internal controls with respect to information security. It is now one the highest recognized standards of information security compliance in the world.
"From day one, we implemented a custom architecture that ensures customer data is never accessed or stored by Heartex," said Michael Malyuk, CEO and co-founder of Heartex. "Our unique architecture combined with the rigorous SOC 2 Type II audit demonstrate our ongoing commitment to the highest standards of data security and compliance."
In addition to the SOC 2 Type II attestation, the Label Studio Enterprise cloud service was architected to meet advanced enterprise security and compliance requirements:
- Customer data remains private on their systems. Label Studio only stores URLs to the data and fetches sample data for authenticated users in real-time.
- Support for SSO, LDAP and role-based access control. Enterprise customers can integrate Label Studio with their SSO provider of choice, as well as manage roles and access amongst their team.
- Detailed audit logs, analytics and reporting. Label Studio Enterprise customers can also keep track of and report on user activity in the system.
Critical areas of the business such as policies, procedures and infrastructure regarding data security, firewall configurations, change management, logical access, backup management, business continuity and disaster recovery and security incident response were audited by Prescient Assurance LLC. This independent validation of security controls is crucial for customers in highly regulated industries. Heartex partnered with Vanta for assistance in attaining its audited SOC 2 Report. Read more about the Heartex SOC 2 Type II completion at our blog. A copy of the report can be requested by contacting the sales team.
*About SOC 2*
In 2017, the AICPA introduced the term "system and organization controls" (SOC) to refer to the suite of services practitioners may provide relating to system-level controls of a service organization or system- or entity-level controls of other organizations. SOC 2 is a voluntary compliance standard for service organizations that specifies how organizations should manage customer data. A SOC 2 report is tailored to the unique needs of each organization. Depending on its specific business practices, each organization can design controls that follow one or more principles of trust. These internal reports provide organizations and their regulators, business partners and suppliers with important information about how the organization manages its data. SOC 2 Type I describes the organization's systems at a particular moment in time and whether the system design complies with the relevant trust principles. SOC 2 Type II details the operational efficiency of these systems.
*About Heartex*
Heartex is the company behind Label Studio, the most popular open-source data labeling platform for Machine Learning and AI. Founded in 2019 by data scientists and engineers who faced common challenges with model accuracy due to poor quality training data, the team believed the only viable solution was to enable internal teams with domain expertise to annotate and curate training data. They created Label Studio with a focus on usability, flexibility and collaborative workflows that support internal data labeling operations at scale and increase the accuracy of ML/AI models.
Today, Label Studio has been used by more than 150,000 people around the world to label 20M+ pieces of data, including production ML/AI initiatives for enterprises like Bombora, Geberit, Outreach, Trivago, Wyze, Zurich Insurance Group and more. For more information, visit http://www.heartex.com.
Media Contact
Robert Cathey, Cathey Communications for Heartex, 865-386-6118, [email protected]
SOURCE Heartex
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