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Cyber Security at Time is Ltd.

Eugen Zakurdajev
1
minutes
March 10, 2022
We are proud to announce that Time is Ltd. has completed the SOC 2 Type 1 audit and continues with Type 2. The audit report confirms our internal processes are designed and implemented to meet the security, availability and confidentiality standards outlined in the American Institute of Certified Public Accountants' Trusted Services Criteria (TSC).

What is SOC 2

Service Organization Control (SOC) 2 is an IT inspection that evaluates the systems, policies, and controls an organization uses to process user data. Based on defined criteria, the inspection assesses security protocols that the organization has in place for data protection. 

SOC 2 audit reinforces corporate governance and risk management processes. It is considered the gold standard for data security and is required by large enterprises. As data privacy is at the core of what we do, we began with Type 1 audit, now moving forward to get SOC 2 Type 2 Report.

Our Commitment to Data Security

Clients rely on us with the protection of the data that drive their business decisions. Their trust in our security system is the cornerstone of our operations, so we are always working to enhance our security standards. 

SOC 2 compliance requires a significant investment. As with our commitment to building the Time is Ltd. platform with modern software development techniques, we prioritize providing our customers with a strong data security level as we roll out the platform.

What does this mean to Time Is Ltd. customers?

Keeping the complex security standards of our clients in mind, we continue to raise the bar for data security in the BI industry. 

Security: The Time is Ltd. platform has the controls to protect against unauthorized access, data theft, abuse, and improper disclosure.

Availability: Data system accessibility is ensured through monitoring network performance, site failover, and security incident handling.

Confidentiality: Information designated as confidential is protected to meet the entity’s objectives.

To receive Time is Ltd.'s SOC 2 Type 1 Compliance report, please contact privacy@timeisltd.com 

Eugen Zakurdajev

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