With cybersecurity threats on the rise, businesses are looking for new solutions to address data breach issues. Manually managing the protection of sensitive data can be complicated and costly to businesses.
But what is the best way to reduce vulnerabilities and aid in keeping compliance? One of the most effective ways to ensure employees are working in a safe environment without putting the organization at risk for human error or violation of safety laws is by choosing SOC2 certified vendors for EHS Software.
SOC (Service Organization Controls) 2 certified EHS software is a solution that helps you manage your workplace on your tips and access to information anywhere, anytime—still wondering what SOC2 means?
The goal of SOC2 is to give buyers the confidence that the software they are purchasing has been retested and proven to be secure so that they don’t have to worry about their company systems coming under attack.
When it comes to EHS software, there is a lot of talk about SOC2 Certified. How does that help? And how does EHS softwares help in the auditing process?This blog will help you understand SOC2 and answer any unresolved queries.
The Need for SOC2 Certification
As technology becomes increasingly intertwined with businesses, the potential for more significant data breaches and cyber threats is also increasing. A study revealed that data breach costs increased from $3.86 million to $4.24 million in 2021, the highest in the past 17 years.
Thus, there is a special need for compliance for many organizations. An efficient system in place will be crucial to keeping your company compliant.
Software with data breaches and flaws can be a risk to your organization. Hence, you must work with vendors that are SOC2 certified .
What is the goal of SOC2?
The main aim of SOC 2 is to make sure that the relationship between a business and its customers is transparent and fair.
SOC 2 does this by providing standards for how businesses deal with the personal and sensitive information of those who use their services. This ensures that personal data is handled well and people can be informed of its use.
As businesses move to cloud providers, providers can ensure their data is safe with SOC2 certification.
A SOC 2 Report examines the effectiveness of your security management. This means that the report looks at non-financial reporting controls related to the American Institute of Certified Public Accountants (AICPA) ‘s Trust Services Criteria. The assessment addresses a service organization’s security, availability, processing integrity, confidentiality, and privacy.
What are the benefits of SOC2 Certified Vendors for EHS software?
SOC2 is a standard that ensures that your EHS software is developed securely and reliably. Here are some of the benefits that will help you make a decision:
1. Maintains trust in the market
Customers need to trust you. Suppose your company has been in the headlines for data breach activities, causing your company to lose all its money and go out of business. To help users trust the software and invest money in it, your company must be cyber safe and SOC2 certification claims that.
2. You hold security assurance
The SOC 2 audit report guarantees that the service is compliant with the highest standards of security and privacy.
3. Makes your software customers first preference
There are plenty of options out there for EHS software – but it helps your product gain a big advantage when you brand it as “SOC 2 Compliant” or “SOC 2 Complied”.
4. Reduces chances of cyberattacks
If a vendor holds SOC2 certification, they have proven they are keeping your data safe and security measures like firewalls, regular data backups and other measures in place. Hence, there is less chance of data breaches and hackers intriguing the system.
5. Let’s you operate easily, efficiently, and maintenance-free
How do you ensure that your software is easy to use and efficient? Connecting to SO2 certified vendors for EHS software is your solution. These certified vendors are trained and dedicate themselves to creating software that is easy to use and efficient.
How to determine if the vendor you’ve chosen is SOC2 certified?
If you have decided to invest in a vendor that is SOC2 certified, you need to ensure that the vendor you are going to hire is certified by an independent organization.
Here’s how to check a vendor’s legitimacy:
1. Check for SOC2 Badge
You can check their website and see if they have the SOC2 seal. If they do, they must have gone through a SOC2 audit.
2. Review SOC2 Audit report
The next step is to review the SOC2 audit report and verify if its controls are in place. If the vendor has followed all the procedures properly, you can be assured it’s a good company.
A SOC2 audit report has five sections:
|Auditor’s opinion||The auditor performs an audit and gives feedback if the controls are in place.|
|A statement by management||The business asserts that all information recorded is complete and accurate.|
|Controls and its effectiveness||This section highlights important details about your businesses, such as employee count, how the system works and how data is protected.|
|Controls assessment||This section is a complete list of all the checks performed during the audit.|
|Other useful information about the business and audit||The section can be used by management to provide any feedback on the audit report. There are times when auditors raise exceptions; these exceptions can be addressed here.|
How Can Pulse Be Your EHS solution?
Pulse helps you with incident management and workflow processes with ease. It simplifies the reporting process by working with most of your existing tools, and does so seamlessly.
Are you wondering if Pulse will secure your information? Google’s data centers safeguard Pulse. These are well guarded to keep out any cyber-attacks and are ISO 27001 and SOC certified.
So, Register now to digitize your business with us or call us at 1800-266-9988 for any queries.