Why Your Innovation and Idea Management Partners Should be SOC 2 Type II Certified

Why Your Innovation and Idea Management Partners Should be SOC 2 Type II Certified

At Brightidea, we take our client’s data security seriously. Our customers trust us with keeping their sensitive data like; ideas and intellectual property safe and secure. Rest assured, we pursue the highest standards to protect your data and the billions of dollars of financial impact that they represent. That’s why we’re so excited to announce that we’ve obtained the critical SOC 2 Type II Certification, which acknowledges that we adhere to the highest of data security standards.

But what is a SOC 2 Type II verification, and how does it guarantee that your sensitive data is protected?

Let’s take a dive into what it means to be SOC 2 Type II certified.

What is SOC 2 Type II?

The SOC 2 Type II certification is an independent security and controls verification from the American Institute of Certified Public Accountants. This verification provides an industry standard for service organizations’ conduct with users’; data, and information security.

SOC 2 Type II is the most rigorous system and organization audit available for service organizations, ensuring the highest level of data security for clients. To receive a SOC 2 certification, a service organization must demonstrate an ongoing commitment to upholding the SOC 2 criteria for a period of at least six months. In short, partnering with SOC 2 Type II certified vendors allows you to rest assured knowing that your client and internal data is safe from crashes, hackers, physical threats and processing errors.

What does it mean for you?

Any investment in a vendor partner presents a potential risk to your organization. When those partnerships involve crucial data like innovative ideas for new products, process improvements, technologies to explore, and more, you need peace-of-mind that your data will be safe. And that’s why certifications like the SOC 2 Type II exist — to provide assurance on the security of all information passing between you and your service organization.

A vendor partner that has a SOC 2 Type II certification presents the safest bet for partnerships involving your data. Plus, the report delivered after the verification process provides users with complete transparency into an organization’s data systems and protocols. These service organizations go above and beyond to safeguard your information, making your data resistant to hacking attempts or social engineering.

Wrap up

Overall, a vendor that holds a SOC 2 certification sets the standard for how service organizations should treat your data. And you shouldn’t expect any less from your partners. In fact, we recommend asking any potential vendor if they are SOC 2 Type II certified before awarding any potential service agreements.

When partnering with an SOC 2 Type II certified vendor, such as Brightidea, you can count on us to protect your investment—we protect your data like it was our own—allowing your company to focus on the things that matter like finding and developing the next game changing innovation.

If you would like a copy of our audit results or our data security environment, please inquire here: Contact Us. We would be happy to provide a copy after signing a mutual NDA.

ICYMI: We are proud to remind you that Brightidea is also a part of the Cloud Security Alliance and Privacy Shield Framework. More info on each below.

Cloud Security Alliance

To further demonstrate our commitment to world-class cybersecurity standards, promote transparency and to provide our clients and prospects visibility into our security practices, Brightidea participates in the Security Trust Assurance and Risk (STAR) Program developed by the Cloud Security Alliance (CSA). This publicly available registry provides an industry-accepted way to document security controls of SaaS providers. You can find our entry here.

Privacy Shield

The U.S. Department of Commerce, with the European Commission and the Swiss government, created the EU-U.S. and Swiss-U.S. Privacy Shield Frameworks to provide companies with a mechanism to transfer personal data from the European Union and Switzerland to the United States in a manner that provides an adequate level of protection for the purpose of European and Swiss data protection law.

Brightidea has certified its compliance with the EU-U.S. and Swiss-U.S. Privacy Shield frameworks and has been added to the list of Privacy Shield participants. Our certifications confirm that we comply with the Privacy Shield Principles for the transfer of European and Swiss personal data to the United States and ensures that our clients can lawfully transfer personal data to Brightidea outside of the European Union by relying on Privacy Shield as a valid transfer mechanism.