Regology continues its long-standing commitment to global security standards and the industry’s best practices in implementing Data Privacy Controls.
Aug 09, 2022 (Palo Alto, CA) – Regology is pleased to announce that the company has successfully completed a System and Organization Controls (SOC) 2 examination for maintaining effective controls over the security, availability, processing integrity, conﬁdentiality, and privacy of its regulatory intelligence platform. The engagement was performed by BARR Advisory, P.A.
“Maintaining SOC 2 compliance proves to our customers and partners that Regology has the highest level of data security and reliable controls for data safety and privacy,” said Mukund Goenka, co-founder and CEO of Regology. “As providers of cloud-based regulatory intelligence solutions, our customers rely on our information security, privacy, and efficiency, as well as the robustness of our AI-powered platform. This is why we have an unwavering commitment to SOC 2 compliance both internally and externally.”
A SOC 2 report is designed to meet the needs of existing or potential customers who need assurance about the effectiveness of controls used by the service organization to process customers’ information.
The following principles have been developed by the American Institute of CPAs (AICPA) for the performance of trust services engagements:
- Security: The system is protected against unauthorized access (both physical and logical).
- Availability: The system is available for operation and use as committed or agreed.
- Processing Integrity: System processing is complete, valid, accurate, timely, and authorized to meet the entity’s objectives.
- Conﬁdentiality: Information designated as conﬁdential is protected as committed or agreed.
- Privacy: Personal information is collected, used, retained, disclosed, and disposed of to meet the entity’s objectives.
Regology provides a world-class regulatory intelligence platform for compliance professionals with a mission to transform regulatory compliance through automation. It enables organizations to quickly identify all applicable legal content in the jurisdictions where they operate, monitor incoming regulatory changes, and easily map them to policies, risks, and controls using the most advanced artificial intelligence.
Regology transforms the way laws are consumed, resulting in massive process efficiencies and accelerating regulatory compliance readiness for organizations. It hosts the largest global database of laws and caters to a variety of industries, like Banking, Cryptocurrency, Gaming, and Technology.
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About BARR Advisory
BARR Advisory is a cloud-based security and compliance solutions provider, specializing in cybersecurity consulting and compliance for companies with high-value information in cloud environments like AWS, Microsoft Azure, and Google Cloud Platform. A trusted advisor to some of the fastest growing cloud-based organizations around the globe, BARR simpliﬁes compliance across multiple regulatory and customer requirements in highly regulated industries including technology, ﬁnancial services, healthcare, and government.