Company Announcements

Truss Achieves Second-Year SOC 2 Audit Certification: Building Trust in Construction Payments

Matthew Smith
August 31, 2023
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We are proud to announce that we have successfully obtained our second-year SOC 2 audit certification. This achievement represents an annual milestone in our commitment to data security, confidentiality, and the overall trustworthiness of our platform. By undergoing and passing the rigorous SOC 2 examination for the second consecutive year, we reaffirm our dedication to meeting the highest standards of information security management and compliance.

What is SOC 2 Audit Certification?

SOC 2, which stands for Service Organization Control 2, is an internationally recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA). It focuses on the evaluation of a service organization's controls related to security, availability, processing integrity, confidentiality, and privacy.

SOC 2 audits provide assurance to clients and stakeholders that a company has implemented robust security practices and safeguards to protect sensitive data and systems.

The SOC 2 audit certification involves a comprehensive assessment conducted by independent auditors who evaluate an organization's control activities and their alignment with the established criteria. This examination involves a detailed review of policies, procedures, and evidence of operational effectiveness across multiple areas, including data center security, information technology processes, personnel security, and more.

The audit's primary objective is to ensure that service providers adequately protect customer data and meet industry-accepted best practices.

Truss and Second-Year SOC 2 Certification:

Obtaining our second-year SOC 2 certification represents a significant achievement for Truss. It underscores our ongoing commitment to safeguarding our customers' data and maintaining the highest standards of security and privacy. By voluntarily undergoing the SOC 2 audit for the second consecutive year, we showcase our dedication to ensuring that our clients can trust us with their critical financial and construction-related information.

During the SOC 2 examination, Truss underwent an extensive evaluation of our internal controls, policies, and procedures. Our security measures, including access controls, data encryption, incident response protocols, and ongoing monitoring practices, were scrutinized to validate their effectiveness. The audit process included a thorough assessment of our systems and processes to ensure compliance with the SOC 2 criteria.

Benefits of Second-Year SOC 2 Certification:

  1. Continued Data Security: Our second-year SOC 2 certification reinforces Truss's ongoing commitment to data security and privacy. It demonstrates our proactive approach to maintaining robust security controls and safeguards, ensuring the ongoing protection of our clients' sensitive information.
  2. Sustained Client Confidence: Achieving SOC 2 certification for the second consecutive year instills continued confidence in our clients and partners. It reaffirms our commitment to upholding the highest industry standards and assures them that Truss consistently maintains comprehensive security controls to protect their data.
  3. Ongoing Compliance with Regulatory Requirements: Second-year SOC 2 certification ensures that Truss remains aligned with industry regulations and compliance requirements, such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA). This allows us to continue serving clients in various jurisdictions while upholding the highest data protection standards.

Obtaining second-year SOC 2 certification demonstrates Truss's continued commitment to data security and client trust. Through this annual audit process, we validate our ongoing information security practices, ensuring that our clients' data remains safe and confidential.

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