Wisconsin-based Pythonic Corp. announced it has completed a System and Organization Controls (SOC) 2 Type 1 Audit examination for its document identification and data extraction workflow automation system.
“The successful completion of our SOC 2 Type 1 examination audit provides Pythonic’s clients with the assurance that the controls and safeguards we employ to protect and secure their data are in line with industry standards and best practices,” Pythonic CEO Matthew Younkle said in a release.
SOC 2 engagements are conducted within the American Institute of Certified Public Accountants’ (AICPA) AT-C 205, Reporting on Controls at a Service Organization framework. A service organization may select any or all of the trust service criteria applicable to its business. Pythonic reported on security, availability and confidentiality.
Independent auditing firm Pease Bell CPA tested Pythonic’s controls, including an examination of its policies and procedures regarding cloud security, network connectivity, systems development life cycle, computer operations, logical access, data transmission, backup and disaster recovery, and other critical operational areas of the business. Upon completion of the audit, Pythonic received a Service Auditor’s Report with an opinion demonstrating that its policies, procedures, and infrastructure meet or exceed the stringent SOC 2 criteria.
Organizations are audited based on the trust service principles and criteria outlined in the AICPA Reporting on Controls at a Service Organization Relevant to Availability, Processing Integrity, Confidentiality, or Privacy (SOC 2). The SOC 2 Type 1 report provided an understanding of the service organization’s suitability of the design, implementation, and operation of its internal controls.