Soracom, Inc., a prominent provider in the Internet of Things (IoT) connectivity sphere, has officially attained SOC 2 Type 1 assurance compliance for its IoT platform as of June 26, 2024. This certification asserts that Soracom meets the stringent cybersecurity control standards set by the American Institute of Certified Public Accountants (AICPA). The compliance is a testament to Soracom’s ongoing commitment to security and confidentiality, reflecting its dedication to maintaining robust protection for its clients’ data.
Evaluation of Cybersecurity Controls
The SOC 2 Type 1 assurance report critically evaluates an organization’s cybersecurity controls, focusing on the design of security, availability, processing integrity, confidentiality, and privacy processes at a specific point in time. External auditors conducted a thorough assessment of the Soracom platform, specifically scrutinizing security and confidentiality in accordance with the AICPA’s Trust Service Criteria.
Commitment to Enhanced Security
As part of the compliance process, the report confirmed that Soracom’s business processes and internal control environment are appropriately designed based on the applicable Trust Service Criteria. The evaluation encompassed the security and confidentiality aspects of both cloud services and outsourced services, highlighting the company’s holistic approach to data protection.
Soracom has pledged to further bolster its internal controls and security measures to ensure the reliability of its global IoT platform. The company is actively working towards achieving SOC 2 Type 2 assurance compliance, which will assess the effectiveness of the platform’s controls over an extended period by observing a full year of operations.
“Achieving SOC 2 Type 1 assurance compliance represents a significant milestone for Soracom,” said Kenta Yasukawa, Co-founder and CTO of Soracom.
“Customers around the world trust Soracom with their data. That’s why we have made security a priority from day one. We are committed to maintaining the highest possible standards of security and trust, from the device to the cloud and in our own internal systems and processes.”
Recent reports about Soracom’s endeavors to enhance its security measures show consistency with its long-standing focus on customer data protection. Previous assessments revealed that the company has been systematically upgrading its security protocols, paving the way for this SOC 2 Type 1 certification. Compared to past initiatives, this certification signifies a formal acknowledgment of the company’s stringent security practices.
Soracom’s commitment to achieving SOC 2 Type 2 compliance underscores its ongoing effort to provide secure IoT solutions. This upcoming certification will offer a more comprehensive assessment by examining the effectiveness of the platform’s controls over a year. Historically, companies striving for SOC 2 Type 2 compliance have demonstrated enhanced trustworthiness and reliability in their operations, which aligns with Soracom’s objectives.
Further improvements in internal controls and security measures will solidify Soracom’s position in the IoT market. The move towards SOC 2 Type 2 compliance will provide a deeper insight into the platform’s operational effectiveness, reinforcing client confidence. Customers should stay informed about the nuances of SOC 2 compliance to appreciate the significance of these certifications for their data security.
- Soracom achieves SOC 2 Type 1 compliance for its IoT platform.
- Certification evaluates security and confidentiality under AICPA’s Trust Service Criteria.
- Soracom aims for SOC 2 Type 2 compliance to strengthen security further.