Celebrating 6 Years of SOC 2 Type 2 Compliance: EverChain’s Dedication to Data Security 

6 Years SOC 2 Type 2 Compliance

EverChain’s Dedication to Data Security 

 Today, we’re proud to mark a significant milestone – six years of unwavering SOC 2 Type 2 compliance. It’s not just a badge of honor; it’s solid proof of our commitment to keeping your data safe and sound. Let’s dive into what this means and why it’s so important, especially in the financial world where protecting Personal Identifiable Information (PII) is paramount. 

The Journey of Compliance: More Than Just a Checklist 

SOC 2 Type 2 is the gold standard for cybersecurity in cloud-based systems. It’s like having a superhero guard your data 24/7. Developed by the American Institute of Certified Public Accountants (AICPA), it focuses on five key trust service principles: 

  1. Security: Protecting systems and data from unauthorized access, use, or modification to ensure their integrity.
  2. Availability: Ensuring systems and information are available for operation and use as agreed, typically focusing on network and system uptime and performance. 
  3. Processing Integrity: Ensuring system processing is complete, valid, accurate, timely, and authorized to maintain data integrity and reliability. 
  4. Confidentiality: Protecting information designated as confidential from unauthorized disclosure, particularly important for sensitive financial data. 
  5. Privacy: Safeguarding personal information, and in EverChain’s case, this means assisting portfolio buyers with due diligence without unmasking PII. 

EverChain, being the diligent guardian of your data, has been acing audits in these areas for six years. 

Why SOC 2 Type 2 is a Big Deal 

SOC 2, short for “Systems and Organizations Controls 2”, is much more than just a set of guidelines. It’s a comprehensive framework that specifically addresses the intricacies of cloud service providers. A SOC 2 Type 2 report doesn’t just list a company’s internal controls; it delves deep into the effectiveness of these controls in protecting customer data. It’s a robust testament to a company’s commitment to data security and operational integrity. 

It’s one thing to say, “Trust us, we’ve got this!” and another to have a recognized authority like Coalfire, the leader in cybersecurity compliance, give us a thumbs-up year after year. This certification isn’t a one-time victory lap; it’s an ongoing, rigorous process that tests our systems over time. We’re talking about in-depth evaluations, control tests, and plenty of coffee-fueled nights to ensure everything runs like a well-oiled machine. 

Key Differences SOC 1 & SOC 2 ComplianceThe Nitty-Gritty of Staying Compliant

Staying compliant is like training for a marathon – it requires constant effort and dedication. We are constantly keeping our documents well ordered, backing up data, and reinforcing our security practices. It’s a never-ending cycle of improvement, ensuring that we’re always at the top of our game. 

The EverChain Promise: Security as a Core Value 

For us at EverChain, this isn’t just about ticking boxes. It’s about nurturing trust with our clients and partners. Our six-year streak of clean audits is a testament to our unwavering focus on data privacy and compliance. We’re not just meeting standards; we’re setting them. 

What This Means for You 

For our valued clients, this means peace of mind. Knowing that your sensitive information is in safe hands allows you to focus on what you do best, leaving the worries of data security to us. This level of compliance and auditing isn’t just a fancy plaque on our wall; it’s your assurance that we treat your data with the utmost respect and care. 

Looking Ahead: EverChain’s Commitment to Excellence 

As we celebrate this milestone, we’re not resting on our laurels. We’re already gearing up for the next round of audits, committed to maintaining this high standard of excellence. Our journey towards impeccable data security continues, and we’re thrilled to have you with us every step of the way. 

Here’s to six years of top-notch compliance and many more to come. At EverChain, your trust is our priority, and we’re dedicated to keeping it safe, today and always. Cheers to secure data and secure futures!  

About EverChain®

EverChain facilitates debt sales for creditors that are focused on end-to-end compliance management of debt buyers and their collection agencies and law firms. We provide creditors with the technology, people, and processes to optimize receivables recovery. Want to learn more? Contact us here today!

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