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Lawyers Need To Review SOC 2 Audit Reports! - Technology

Foley & Lardner Darkreading.com reported that In early May, global insurer AXA made a landmark policy decision: The company would stop reimbursing French companies for ransomware payments to cybercriminals. . Gamma Law One of the hottest trends of 2021, non-fungible tokens (NFTs) have empowered a new generation of digital artists and turned many speculators and creators into millionaires and overnight celebrities. Taft Stettinius & Hollister Advancements in artificial intelligence have enabled a number of technological solutions to emerge in the construction industry with the potential to improve worksite efficiency, data quality, and overall innovation. Arnold & Porter On May 8, 2021, Colonial Pipeline Co., the operator of one of the largest gas pipelines in the United States, disclosed that it was the target of a major ransomware attack.

SOC 2 Attestation Tips for SaaS Companies

SOC 2 Attestation Tips for SaaS Companies Attestation helps SaaS vendors demonstrate that digital security is a primary focus. Companies are increasingly turning to software-as-a-service (SaaS); IDG predicts that organizations share of SaaS apps will rise to 36% by the end of 2021, up from 24% in mid-2020. This growth reflects the advantages organizations see in SaaS. For example, businesses can use SaaS to achieve faster deployment times than they can with on-premises software. In addition, SaaS solutions can run with a Web browser on any type of device, and operational management is minimal. There are no lengthy installation processes or equipment updates. There aren t even upfront hardware costs; organizations can use pay-as-you-go plans to scale their SaaS solutions, including investments in security technology and expertise.

Komainu Granted ISAE 3402 Type 1 and ISO 27001:2013 Security Certifications

Share this article Share this article ST. HELIER, Jersey, April 21, 2021 /PRNewswire/  Komainu ( the Company ), a regulated digital asset custody services provider built by institutions for institutions, today announced it has secured the ISO 27001:2013 and ISAE 3402 Type 1 certifications, completing the external auditing process. These certifications demonstrate Komainu s commitment to provide digital asset investors institutional-grade custody solutions which adhere to the highest industry standards for security protocols.    ISO 27001:2013 is a globally recognized information security standard that dictates how companies should manage internal data. Komainu s systems and controls were externally audited against the ISO27001:2013 framework to ascertain their effectiveness and how they contributed to the security of the Company s custodian services. ISO27001:2013 is held by only a handful of firms within the digital asset industry, further establishing Komainu as a leading di

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