dealcloser blog

dealcloser Obtains SOC 2 Type 2 Certification

August 26, 2021 (Edmonton, AB)—dealcloser, a cloud-based platform that modernizes the deal closing process for corporate lawyers, announces today that it is now a SOC 2 Type 2 certified company after passing its annual audit with no exceptions. 

SOC 2 (Service Organization Control) Type 2 report is an internal controls report capturing how a company safeguards customer data and how well those controls are operating. Organizations that use cloud service providers use SOC 2 reports to assess and address the risks associated with third party technology services as they relate to security, availability, and confidentiality.

The SOC2 Type 2 report goes beyond verifying the suitability of design of dealcloser's security controls by testing the real-world operational effectiveness of those controls over time. This involves undergoing a rigorous annual audit of the organization’s policies, procedures, and internal practices to ensure the protection of sensitive customer data. dealcloser's SOC 2 report is independent verification that dealcloser adheres to strict security principles throughout the organization.

"Security and confidentiality are core tenets of our philosophy and strategy at dealcloser,” says dealcloser’s Chief Technology Officer, Mike O’Connor. “Our SOC 2 report illustrates that these principles of trust permeate every corner of our business, fostering a healthy security culture across the company and protecting customer data using a combination of people, processes, and technology."

Security is of the utmost importance to dealcloser and they take critical steps to safeguard your information. dealcloser meets the highest industry security standards and guidelines, ensuring that all of your data is managed safely and securely.

To learn more about dealcloser’s security practices, please visit its website.