At ReadyTech, we take the security of your customer data seriously and use several frameworks to help us achieve this.
SOC 2 and ISO 27001 are both widely recognised frameworks for managing information security. While they have some differences, they share several similarities.
Both SOC 2 and ISO 27001 require organisations to implement controls to protect their data’s security, availability, and integrity. In addition, they both emphasise risk management, requiring organisations to identify and assess security risks and implement controls to mitigate them.
Both frameworks require an independent audit by a third-party assessor to evaluate the organisation’s compliance with the relevant standard. In addition, they both require ongoing monitoring and maintenance of the implemented controls and periodic reassessment to ensure continued compliance.
In addition, SOC 2 and ISO 27001 emphasise the importance of communication and transparency with stakeholders. As such, ReadyTech provides regular updates on our security practices, and we can make our audit reports or certifications available to customers, partners, and other interested parties under NDA.
ReadyTech holds ISO 27001 certification and not SOC 2. Both frameworks are recognised globally, but SOC 2 is more closely associated with North America. Outside of North America, ISO 27001 is much more popular
Overall, ReadyTech is committed to maintaining the highest standards of information security and can assure your organisation that we are achieving that goal, no matter if we are certified under a different regulatory framework. For more information about the certifications that ReadyTech holds, please visit https://www.readytech.com.au/security-and-compliance/