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AUSTIN, TX – November 28, 2023 – NetRise, the company providing granular visibility into the world's Extended Internet of Things (XIoT) security problem — encompassing the modern firmware and software component security challenges of IT, OT, IoT, and other connected cyber-physical systems — today announced that the company completed its Systems and Organization Controls (SOC) 2 Type II audit and has been certified as SOC 2 compliant.
SOC 2 is a voluntary security standard developed by the American Institute of Certified Public Accountants (AICPA) specifically for technology companies that gather and store sensitive information. It ensures the secure storage and processing of client data. The successful completion of the audit and attestation of NetRise’s SOC 2 compliance further validates the company’s commitment to prioritizing privacy and security controls to protect customer data on the NetRise platform.
Prescient Assurance, the leader in security testing and compliance certifications for SaaS companies worldwide, helped NetRise streamline its SOC 2 preparation process by utilizing its extensive expertise in cloud-native technology and modern application security architecture. Prescient Assurance guided NetRise from start to finish to complete every SOC 2 requirement, and an independent auditor issued a secure and clean audit opinion, emphasizing aspects of SOC 2, including data security and retention, segregation of duty policy in compliance, customer privacy policies, and marketing environment.
"Our SOC 2 attestation gives our customers the certainty that NetRise not only has appropriate information security controls in place but also that these have been vetted and verified by an industry-leading authority," said Peter Lund, VP of Products at NetRise. “As cyber-attacks continue to occur more frequently and become increasingly sophisticated, achieving SOC 2 Type II compliance is a business imperative. This milestone reinforces our commitment to safely and responsibly handle our customers' data and our status as a trustworthy and secure vendor in the supply chain security marketplace.”
NetRise’s SOC 2 Type II audit scope included three vital Trust Services Criteria: security, availability, and confidentiality. Organizations undergo countless tests to ensure internal controls' seamless implementation and operating effectiveness and demonstrate their ability to implement critical security policies and prove compliance over an extended observation period.
Achieving this certification attests to NetRise’s focused efforts to build trust and protect sensitive data. These values go hand in hand with the NetRise platform, which allows customers to identify risks in device software components. As a SOC 2 Type II compliant organization, NetRise is guided by its strict security and accountability principles, including secure personnel, development, testing, and cloud.
To learn more about NetRise’s SOC 2 Compliance process, please visit: https://www.netrise.io/xiot-security-blog/netrise-achieves-soc-2-type-ii-compliance.
About NetRise
Based in Austin, Texas, NetRise was built by defensive cyber experts bred across the private sector, intelligence community, and U.S. federal government to solve the firmware security problem. The company is partnering with companies across manufacturing, automotive, medical devices, industrial control systems, satellites, and many more. https://www.netrise.io/
Michelle Yusupov
Hi-Touch PR
443-857-9468
yusupov@hi-touchpr.com
