Streamline Technologies Achieves SOC 2 Type I Compliance

Streamline Technologies is proud to announce the attainment of SOC 2 Type I compliance, marking a significant milestone in our commitment to data integrity and client trust.

What is SOC 2 Type I Compliance?

SOC 2, shorthand for System and Organization Controls 2, represents a voluntary compliance standard established by the American Institute of CPAs (AICPA). A SOC 2 Type I report assesses the design of an organization's systems and evaluates their alignment with the relevant trust principles.

The SOC 2 compliance certification stands as an attestation of Streamline Technologie's alignment with five Trust Services Criteria: security, availability, processing integrity, confidentiality, and privacy.

Why SOC Compliance Matters

These audits furnish comprehensive reports on an organization's adherence to standardized policies, procedures, and controls. By undergoing SOC compliance assessments, organizations like Streamline Technologies provide tangible proof of their commitment to data security and regulatory compliance.

Moreover, SOC reports serve as a cornerstone in financial reporting and compliance with regulations like the Sarbanes-Oxley Act (SOX). They offer stakeholders a transparent view of the internal control structure, instilling confidence and trust in the service provider's capabilities.

Understanding the Different Types of SOC Compliance Reports

Within the realm of SOC compliance, there exist two primary types of reports: SOC 1 and SOC 2.

• SOC 1 Reports: These reports focus on internal controls over financial reporting, catering to entities that rely on service organizations for financial statement audits.
• SOC 2 Reports: In contrast, SOC 2 reports delve into the broader spectrum of security, availability, processing integrity, privacy, and confidentiality. They provide detailed insights into the controls relevant to data security and processing integrity, catering to a diverse range of users seeking assurance about a service organization's operational efficacy.

Within SOC 2 reports, there are two distinct types:

• Type I Reports: These assess the suitability of an organization's control design to achieve specified objectives as of a specific date.
• Type II Reports: These offer insights into both control design and operating effectiveness over a defined period, providing a more comprehensive evaluation of an organization's controls.

A Commitment to Compliance & Security

Streamline Technologies' achievement of SOC 2 Type I compliance underscores our unwavering commitment to data security, privacy, and regulatory compliance.

By adhering to the stringent standards outlined by the AICPA, Streamline Technologies reaffirms its dedication to empowering municipalities, emergency responders, and flood management teams with secure, reliable technology solutions in an increasingly digital landscape.

As businesses navigate the complexities of modern cybersecurity threats, Streamline Technologies stands as a beacon of trust, enabling individuals and organizations to embrace the future with confidence and resilience.

Contact our team today to learn how we continue to advance innovation in water resources, stormwater management, and flood forecasting for improved resiliency and sustainability in the world around us.