OpenBOM Achieves SOC2 Type 2 Certification: Ensuring Security and Trust

Oleg Shilovitsky
Oleg Shilovitsky
24 October, 2023 | 3 min for reading
OpenBOM Achieves SOC2 Type 2 Certification: Ensuring Security and Trust

In the world of modern business, data security and privacy are paramount concerns. As companies increasingly rely on digital tools and services, ensuring the protection of sensitive information has become a top priority. OpenBOM is a global multi-tenant digital thread SaaS platform that manages product lifecycle and connects manufacturers and their supply chain networks. As a leading provider of SaaS PLM and PDM solutions, OpenBOM is proud to announce its SOC2 Type 2 certification, marking a significant milestone in the journey towards ensuring the utmost security and trust for its users.

1. What is SOC2 and Why Does SOC2 Matter?

SOC2, which stands for Service Organization Control 2, is a framework developed by the American Institute of Certified Public Accountants (AICPA) to assess the security, availability, processing integrity, confidentiality, and privacy of customer data in a cloud service environment. In today’s interconnected and data-driven world, SOC2 certification has become a critical benchmark for evaluating the trustworthiness of service providers.

For businesses, SOC2 certification provides assurance that the service they are using adheres to stringent security and privacy standards. It helps organizations safeguard sensitive data, build trust with their customers, and mitigate the risk of data breaches and cyberattacks.

2. What is SOC2 Type 2?

SOC2 comes in two main types: Type 1 and Type 2. While Type 1 assesses a company’s controls at a specific point in time, Type 2 certification evaluates the effectiveness and operational validity of those controls over a specified period, typically six to twelve months. SOC2 Type 2 certification provides a deeper and more comprehensive understanding of how well an organization safeguards customer data.

3. OpenBOM’s SOC2 Type 2 Journey

Achieving SOC2 Type 2 certification is no small feat. It requires meticulous planning, rigorous assessments, and an unwavering commitment to security and data protection. OpenBOM embarked on this journey with the goal of strengthening its commitment to its users and ensuring the highest level of data security.

Throughout the certification process, OpenBOM underwent thorough assessments and audits by independent third-party experts to verify the effectiveness of its security controls, policies, and procedures. The successful achievement of SOC2 Type 2 certification underscores OpenBOM’s dedication to providing a secure and reliable platform for users to manage their valuable product data.

4. How to Get a Copy of OpenBOM’s SOC2 Certificate

To obtain a copy of OpenBOM’s SOC2 Type 2 certificate and gain confidence in the security of your data, please contact our customer support team at support@openbom.com. We are committed to transparency and are happy to provide our users with the documentation they need to make informed decisions about their data management solutions. You need to sign an NDA to get a copy of the OpenBOM SOC2 report. 

5. What’s Next in OpenBOM’s Certification Agenda

While achieving SOC2 Type 2 certification is a significant milestone, OpenBOM remains committed to ongoing improvement and accountability. We are continuously working to enhance our security measures, privacy practices, and compliance efforts. Our dedication to ensuring the highest level of data security extends beyond SOC2, and we will pursue additional certifications and standards as part of our ongoing commitment to our users.

Conclusion

In conclusion, SOC2 Type 2 certification is a crucial step in scaling OpenBOM and making it a secure and safe solution for small and large companies alike. At OpenBOM, we understand the importance of data security and privacy in today’s digital landscape. Achieving SOC2 Type 2 certification underscores our commitment to providing our users with the highest level of trust and assurance in their product data management. We look forward to continuing our journey of improvement and innovation to better serve our valued customers. Your data security is our priority, and we are here to support your business every step of the way.

REGISTER FOR FREE and use OpenBOM’s 14-day trial to check how OpenBOM can help. 

Best, Oleg

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