Molecula Announces SOC 2 Type 2 Compliance
By: Molecula | May 2, 2022
Molecula Advances to SOC 2 Type 2
AUSTIN, Texas // Molecula is excited to announce that we’ve received our SOC 2 Type 2 certification–with zero failures or exceptions–after a rigorous evaluation and audit. This audit was conducted by Maxwell, Locke, and Ritter, a licensed Public Accounting firm and certified specialist in SOC reporting registered with the American Institute of Certified Public Accountants (AICPA).
SOC 2 Type 2 is a standard developed by the AICPA to establish an organization’s reliability and credibility by testing for five trust principles – security, availability, integrity, confidentiality, and privacy. Each principle is measured by a set of controls and testing standards from the AICPA Trust Services Criteria to ensure the personal assets of potential and existing customers are protected. SOC 2 compliance certification is recognized worldwide for its rigor in reviewing organizational IT systems, employee controls, training, product discipline, and vendor selection.
“This is a major milestone for our business, a critical requirement for bringing SaaS to market, and a valuable certification that drives credibility with existing and prospective customers,” says Sarah King, COO of Molecula. “I am so proud of our team – everyone has a hand to play in driving the success of our security program.”
Molecula became SOC 2 Type I certified in March 2021 and then continued the testing process from June 2021 to February 2022, receiving Type 2 compliance in April. To demonstrate our continued commitment to maintaining secure systems and controls, we will conduct an independent review of our information security practices via the SOC 2 Type 2 process every year.
Security at Molecula
Since our founding, Molecula has emphasized our continued adherence to security. SOC 2 Type 2 certification provides valuable insight into what we do and how well we do it. While our overall security posture extends beyond the required activities to meet SOC 2 adherence, this successful audit reaffirms our commitment to leading the industry in data and cloud security. In addition, it provides assurance and transparency that our incident response, recovery plan, and implemented controls are designed for and actively ensure the highest level of security and compliance based on international regulatory standards.
If you’d like to learn more about Molecula’s stance on security, or to obtain our SOC 2 Type 2 report, reach out to us at [email protected] If you’d like to understand how we can help your business or organization, schedule a 15-minute consultation today.