3 Story Software Achieves SOC 2 Type II Compliance, Enhancing Data Security for Global Workforce Management
October 8th, 2024 11:00 AM
By: Newsworthy Staff
3 Story Software has successfully completed its SOC 2 Type II Audit for 2024, demonstrating its commitment to high-level security standards in contingent workforce management. This achievement underscores the company's dedication to data protection and compliance in an era of increasing reliance on external vendors for critical business processes.
3 Story Software, a leader in global contingent workforce management solutions, has announced the successful completion of its System and Organization Controls (SOC) 2 Type II Audit for the period from June 1, 2023, to June 30, 2024. This achievement marks a significant milestone in the company's ongoing commitment to maintaining the highest standards of security, availability, confidentiality, and privacy in its operations.
The audit, conducted by A-LIGN, a respected cybersecurity and compliance firm, validates that 3 Story Software's controls and processes meet rigorous industry standards. This certification is particularly crucial in today's business landscape, where companies increasingly rely on external vendors to manage critical aspects of their operations, including contingent workforce management.
Joseph Marsh, Managing Director of 3 Story Software, emphasized the importance of this achievement, stating that it reinforces the trust clients and partners can place in the company's systems and processes. The annual SOC 2 Type II audit demonstrates 3 Story Software's continuous dedication to maintaining secure, available, and confidential operations.
One of the key highlights of this year's audit was the confirmation of 3 Story Software's robust privacy practices. The company employs advanced technologies, including AES 256 encryption, for all critical backups, ensuring comprehensive protection of sensitive customer information. This level of data security is particularly vital in the field of workforce management, where personal and financial information is routinely handled.
Jay Gojuk, Director of Infrastructure and Security at 3 Story Software, noted that while the company has consistently aligned its practices with top security frameworks like CISA and PCI, the addition of both ISO 27001 certifications and a SOC 2 Type II report further solidifies their commitment to operational excellence. This multi-faceted approach to security and compliance positions 3 Story Software as a trusted partner in the complex landscape of global workforce management.
The implications of this achievement extend beyond the company itself. As businesses worldwide grapple with the challenges of managing a contingent workforce, the assurance of robust security measures becomes increasingly critical. 3 Story Software's compliance with SOC 2 Type II standards provides its clients with the confidence that their data and processes are protected by industry-leading security protocols.
This certification also reflects broader trends in the technology and business services sectors, where data security and privacy have become paramount concerns. As regulations around data protection continue to evolve globally, companies that can demonstrate high levels of compliance and security, like 3 Story Software, are likely to gain a competitive edge in the market.
For organizations utilizing or considering contingent workforce management solutions, 3 Story Software's SOC 2 Type II compliance offers reassurance in an era where data breaches and privacy concerns are increasingly common. It signifies that the company not only designs effective controls but also ensures their consistent operation throughout the year, a critical factor for businesses entrusting sensitive operations to external partners.
As the gig economy and flexible work arrangements continue to grow, the importance of secure, compliant workforce management solutions cannot be overstated. 3 Story Software's achievement in this realm positions it at the forefront of addressing these evolving needs, offering a blend of efficiency, security, and compliance that is essential in today's dynamic business environment.
Source Statement
This news article relied primarily on a press release disributed by Newsworthy.ai. You can read the source press release here,
