TripleBlind, creator of the most complete and scalable solution for privacy enhancing computation (PEC), announced today that it has completed its SOC 2® Type 1 examination. By achieving SOC 2 Compliance, TripleBlind customers in the financial services and healthcare industries will benefit from added layers of trust including security, availability, processing, integrity, confidentiality and privacy.
SOC 2 is an auditing procedure and report that examines an organization’s internal controls for privacy and information security, assessing compliance at a specific point in time. Achieving SOC 2 Compliance, which applies to any service organization that holds, stores or processes customer data in the cloud, indicates that TripleBlind meets the common Trust Services Criteria maintained by the AICPA (American Institute of Certified Public Accountants) Auditing Standards Board.
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To earn this certification, TripleBlind worked closely with compliance-as-a-service platform Laika, which helps companies manage information security and privacy compliance, obtain security certifications and build trust with customers.
“Since our founding, TripleBlind’s top priority has been to facilitate private and compliant data collaboration to allow for innovation that only comes from analyzing real, sensitive data,” said Gary Moore, Senior Vice President of Engineering at TripleBlind. “SOC 2 certification is important to show that TripleBlind has the correct policies and procedures in place to ensure that our customer’s data is protected. Our customers in all industries are held to the highest privacy standards, and these certifications verify that our solution can unlock the intellectual property value of data while ensuring compliance for them.”
TripleBlind has already begun work with Laika on its SOC 2 Type 2 examination and is expected to complete Type 2 testing later this year. TripleBlind’s SOC 2 Type 1 report is available under NDA to existing and potential customers. To receive a copy of the report, contact TripleBlind here.
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