In a significant development for the contingent workforce management industry, 3 Story Software has announced the successful completion of its System and Organization Controls (SOC) 2 Type II Audit for the period spanning June 1, 2023, to June 30, 2024. This achievement marks a crucial milestone in the company's ongoing efforts to ensure the highest levels of security and compliance for its global clientele.
The SOC 2 Type II compliance, verified by independent auditor A-LIGN, confirms that 3 Story Software's controls and processes meet rigorous standards for security, availability, confidentiality, and privacy. This certification is particularly significant in an era where companies increasingly rely on external vendors for managing critical business processes, including the complex task of hiring and managing contingent workforces.
Joseph Marsh, Managing Director of 3 Story Software, emphasized the importance of this achievement, stating that it reflects the company's commitment to maintaining the trust of their clients and partners. The audit's successful completion provides assurance that 3 Story Software's systems and processes are not only designed effectively but also operate with excellence throughout the year.
One of the key highlights of this year's audit was the confirmation of 3 Story Software's robust privacy practices. The company has implemented advanced encryption technologies, including AES 256 encryption for all critical backups, ensuring that sensitive customer information is fully protected both at rest and in transit. This level of data security is crucial in an industry that handles sensitive employee and business information on a global scale.
Jay Gojuk, Director of Infrastructure and Security at 3 Story Software, noted that while the company has always 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 security excellence. This comprehensive approach to security and compliance positions 3 Story Software as a leader in secure contingent workforce management solutions.
The implications of this certification extend beyond the company itself. For businesses utilizing 3 Story Software's services, this compliance ensures that their contingent workforce data is managed with the highest standards of security and privacy. In an age where data breaches and privacy concerns are paramount, such assurances can be critical for companies managing global workforces.
Furthermore, this achievement by 3 Story Software sets a benchmark for the industry, potentially influencing other players in the contingent workforce management sector to elevate their security and compliance standards. As businesses increasingly rely on contingent workers and the software systems that manage them, the importance of robust security measures cannot be overstated.
The SOC 2 Type II compliance also reflects the evolving landscape of workforce management. With the rise of remote work and global teams, the need for secure, compliant systems to manage diverse workforces has never been greater. 3 Story Software's certification demonstrates its readiness to meet these evolving challenges, providing clients with the tools they need to manage their workforce efficiently and securely in a rapidly changing business environment.
As companies continue to navigate the complexities of global workforce management, certifications like SOC 2 Type II will likely become increasingly important factors in vendor selection. 3 Story Software's achievement in this area positions them as a trusted partner for businesses looking to streamline their contingent workforce management while maintaining the highest standards of data security and compliance.
