Laurel, the leading AI-powered timekeeping provider, achieves SOC 2
Laurel received SOC 2 certification which highlights Laurel's commitment to protecting its customers, and adhering to best practices in security and privacy infrastructure.
LOS ANGELES, May 1, 2023 /PRNewswire-PRWeb/ -- Laurel, the leader in AI-powered timekeeping for professional services, announced that it has successfully completed the Service Organization Control (SOC) 2 Type 1 attestation. Conducted by Barr Advisory, a leading professional services firm, the audit affirms that Laurel's information security practices, policies, procedures, and operations meet the SOC 2 standards for security, availability, and confidentiality.
With data security top of mind for every professional service organization, it is more critical than ever that AI vendors ensure trust and transparency in their operations, processes, and results. Laurel's SOC 2 report verifies the existence of internal controls that have been designed and implemented to meet the requirements for the security principles set forth in the Trust Services Principles and Criteria. It provides a thorough review of how Laurel's internal controls affect the security, availability, and confidentiality of the systems it uses to process customers' data. This independent validation of security controls is crucial to gaining customers' trust and meeting their regulatory requirements.
"Obtaining the SOC 2 Type 1 certification reinforces Laurel's ongoing commitment to the security, availability, and confidentiality of the Laurel platform," says Eric Etherington, Chief Information Security Officer at Laurel (and formerly leading security at Dolby Laboratories & Notion). "Our customers can feel confident that we are making every investment to establish and maintain the highest level of security and compliance."
On-Going Commitment
SOC 2 compliance is a commitment to embedding data security into everything the company does. As the company scales, Laurel is committed to training every team member on security practices and processes that will ensure customers' information remains protected. Laurel is also committed to investing in technology to automate as much of product security as possible. Laurel is already in the Type 2 period and will have a Type 2 report to share later this year.
As Nat Welch, Laurel's Lead Cloud Platform Engineer says, "We are constantly thinking about how we can be the best stewards possible for our customers' data, and we're excited to achieve this critical step towards showing the world how much we care about protecting their data."
If you're a Laurel customer and want to learn more, reach out to your Account Manager to see our full SOC 2 Type 1 report. And if you're thinking about potentially bringing Laurel into your company, you can contact our Time Consultants and mention that you're interested in receiving a copy.
About SOC 2 Type 1
This standard was created by the Association of International Certified Professional Accountants (AICPA) in 2010. It provides auditors with a framework to evaluate how well an organization's security protocols function. The SOC 2 Type 1 validates management's description of a service organization's system and the suitability of the design of controls at a point in time. The purpose of a SOC 2 audit is to provide evidence of trustworthiness for service providers, their customers, and end-users.
About Laurel
Laurel is on a mission to return time to the world. Its software leverages machine learning and automation design to empower knowledge workers with new insights into how they spend their time so they can use it with intention.
Today, leading legal and professional services firms are shifting the timekeeping paradigm with Laurel, eliminating the burden of manual approaches, increasing revenue, and advancing the future of work.
To learn more about joining Laurel on its journey, visit laurel.ai.
Media Contact
Ryan Alshak, Laurel, 1 3107206880, [email protected]
SOURCE Laurel
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