AbacusNext has completed a Service Organization Control (SOC) 2 Type 2 audit of its Abacus Private Cloud (APC) platform. This certifies, according to the standards standard defined by the Association of International Certified Professional Accountants (AICPA), that APC’s information security practices, policies, and procedures meet the SOC 2 trust principles criteria for security, availability, and confidentiality across eight datacenters in three countries. AbacusNext is the largest Technology-as-a-Service (TaaS) provider for the legal and accounting professions.
Given the current cybersecurity threat landscape and increasingly strict compliance standards, it has become common for organization of all sizes to require strict assurance certifications when contracting with third-party professionals, and those without certification are left at a disadvantage. It’s been beyond the reach of the average professional services firm to build, maintain, or verify the integrity of their physical IT infrastructure, software platforms, data storage, and the internal operational controls that govern access to them—until now, with Abacus Private Cloud.
“In today’s competitive professional environment, demonstrated SOC 2 Type 2 compliance is an absolute requirement for securing the future of your business. Piecemeal IT solutions where hardware, software, and system administration are handled by a mix of vendors and in-house staff won’t cut it, and the resources and expertise required to assemble a SOC 2 compliant solution are far beyond the means of the average firm,” said Jerome Fodor, AbacusNext CTO. “Now, from a single source, firms can access a complete, end-to-end technology solution that’s compliance-ready and certified at the highest level. APC is that solution.”
APC is the most comprehensive, compliant, and cost-effective cloud solution for professional services firms doing business in highly regulated industries. With no capital investment, APC allows legal and accounting professionals to pay-as-you-grow, making enterprise level technology infrastructure and management more affordable and accessible than ever before.
“SOC 2 certification is the new normal in compliance requirements for working with client organizations of any size. They need assurance that their data will be safe,” said Alessandra Lezama, AbacusNext CEO. “Whether it’s bringing on outside council or an independent auditor, professionals without a technology provider who can demonstrate their data security compliance won’t win the business. We invested in SOC 2 because it is the right thing to do for our future and the future of our clients.”
Thanks for reading CPA Practice Advisor!
Subscribe Already registered? Log In
Need more information? Read the FAQs
Tags: Accounting, Auditing, Hardware, Technology
