In Q3 2022, KRM22 completed its annual SOC2 Type 2 assessment for the year and passed with no issues reported by its auditor. SOC2 is a compliance standard for service organizations that specifies how they should manage and secure customer data. As businesses turn to software vendors that deploy IT solutions in the cloud, it has become critical that these cloud-based solutions adhere to the highest standards for security, availability and confidentiality and that this can be demonstrated.
Why does this matter?
Internally, this gives us confidence that our processes, policies and procedures are fit for purpose. We want to be sure that what we say we do and what we actually do are one and the same. Good controls and policies also mean that everyone at KRM22 is better placed to understand our individual and collective responsibilities – and, perhaps most importantly, why they matter.
KRM22’s Global Risk Platform provides applications to help you address your firm’s regulatory, market, technology and operations risk challenges and to manage your entire enterprise risk profile. KRM22 is a public Group listed on AIM and headquartered in London.