March 28, 2018
By, Sherman Kester, Technical Sales Engineer at Kount
To stand out in today’s market, you need to identify and communicate your organization’s unique value proposition. It is getting harder and harder to communicate a company’s “differentiators” to the audiences that matter.
This brings me to today’s topic of Kount receiving its System and Organization Controls (SOC) certification and the idea that sometimes actions speak louder than words. I was reminded of this when I watched a replay of the 2014 commencement address at the University of Texas at Austin by Admiral William H. McRaven, ninth commander of U.S. Special Operations Command. An inspirational speech to say the least, the admiral did not mince words and talked about the importance of doing the small tasks so that the large tasks could be achieved.
The speech reminded me of Kount and the emphasis that its management and employees places on doing things the right way, regardless of the task’s size, every day.
Employees performing an action that is not required, that gets accomplished with no credit or when no one is watching, illustrates a company and its employees commitment to doing things right. This is evident by Kount recently becoming SOC 2 Type 2 certified. SOC 2 helps alleviate concerns related to the validity and third-party risk concerning vendors in the service world. SOC 2 Type 2 certification represents the completion of an extensive audit reviewing internal controls, policies, and procedures from a sample six-month period that directly relate to the security at the company. This certification, one of many at Kount (i.e. PCI-DSS compliance), is not required by its customers or valued partners, but simply a recognition of the consistent efforts that Kount puts forth to demonstrate that it is doing things the right way.
Kount worked with A-Lign, a nationwide security and compliance solutions provider that specializes in helping businesses navigate the complexities of their specific audit and security assessment needs to complete the audit. Kount was notified last week that it had passed the audit and was SOC 2 compliant. Specific elements for SOC 2 compliance include:
- Purpose: Reports on the effectiveness of the controls of the service organization related to operations, based on the selected trust services criteria (TSC)
- Scope: Governance, operational and information technology general controls that address one or more of the TSC categories: security, confidentiality, availability, processing integrity and privacy
- Audience: User organization’s information technology executives, compliance officers, vendor management executives, regulators, other specified parties and appropriate business partners
- Additional Criteria: SOC 2 reports can also include other suitable criteria, such as HITRUST, the HIPAA Security Rule and others.
To learn more about Kount please visit www.kount.com. If you have a story of how your company is pushing the envelope to do things the right way, please share.