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Silvervine, Inc. (Warner Robins, Ga.) has completed an outside audit of its System and Organization Controls 1 (SOC 1) Type 2 standards. The examination that led to the achievement verification of compliance was administered by the IT assurance and compliance staff at 360 Advanced, a national Qualified Security Assessor, HITRUST CSF Assessor and CPA firm based in St. Petersburg, Fla.
Silvervine characterizes its completion of the SOC 1 Type 2 examination as exemplifying a consistent commitment to create and maintain the most stringent controls needed to ensure the highest quality and security of services provided to its customers. “Companies that complete an annual SOC 1 examination can demonstrate a substantially higher level of assurance and operational visibility than companies that do not,” a vendor statement notes.
Selling Point for Potential New Clients
“Being SOC 1 Type 2 compliant year-over-year is an excellent standard to have in our portfolio. It’s a selling point for potential new clients, peace of mind for our existing clients and it definitely keeps us competitive,” comments Michael Crain, Director, IT, Silvervine. “Governance of the compliance mindset permeates everything we do at Silvervine, and is a point of pride to each team member.”