SAN DIEGO, CALIF., July 9, 2024 – FMG, an industry-leading SaaS firm specializing in advertising and marketing software program and providers for monetary advisors and insurance coverage brokers, is proud to announce it has obtained its Service Group Controls (SOC) 2 Sort 1 certification, taking a serious step ahead in its knowledge and system safety. cybersecurity.
SOC 2 certification validates an organization’s cybersecurity controls at a selected cut-off date, with the essential goal of:
- Confirming the adequacy of insurance policies, procedures, and controls to guard the integrity of Firm and Buyer knowledge.
- Assessing the design and sufficiency of associated methods, instruments, and methods to assist such insurance policies and procedures.
- Controling and optimizing knowledge privateness and safety efforts whereas figuring out alternatives for enhancement and enchancment in any of those areas.
To obtain certification, service organizations have to be in compliance with all SOC 2 belief rules related to their group. The SOC 2 belief rules embody:
- Safety: This precept ensures the safety of system assets in opposition to unauthorized entry, use, disclosure, disruption, modification, or destruction. It covers measures to stop knowledge breaches, cyberattacks, and different safety incidents.
- Availability: This precept focuses on making certain that methods, purposes, and knowledge are accessible to licensed customers when wanted. It entails measures to make sure system uptime, catastrophe restoration plans, and enterprise continuity methods.
- Processing Integrity: This precept safeguards the accuracy, completeness, and timeliness of knowledge throughout processing, storage, and transmission. It ensures that knowledge is just not altered or manipulated in an unauthorized manner.
- Confidentiality: This precept focuses on defending the confidentiality of delicate shopper data. It entails measures to limit entry to knowledge solely to licensed personnel and stop unauthorized disclosure.
- Privateness: This precept focuses on defending the privateness of shopper knowledge and adhering to related knowledge privateness rules. It entails measures to handle and management the gathering, use, disclosure, and disposal of private data.
“Over the course of the previous twelve months, FMG has up to date its IS insurance policies and processes and enhanced a variety of key inner controls governing knowledge safety,” stated Dave Christensen, FMG’s Chief Product and Expertise Officer. “After a rigorous audit of all these components, we’re happy to have obtained a Sort 1 report validating these efforts.”
Many corporations now require SOC 2 certification as a threshold for doing enterprise. Given this ever-increasing demand for air-tight Info Safety within the cloud-based digital advertising and marketing house FMG occupies, FMG’s SOC 2 Sort 1 certification marks a big step ahead in its evolution as an industry-leading digital advertising and marketing powerhouse.
“Certification offers reassurance to present clients that their delicate enterprise knowledge is secure with us,” stated Susan Theder, FMG’s Chief Advertising and Expertise Officer. “Plus, it offers potential clients the arrogance essential to do enterprise with us, increasing our checklist of potential enterprise companions.”
As well as, FMG is on tempo to realize Sort 2 certification imminently and views its Sort 1 certification as not solely validation of its InfoSec controls however a powerful signal of ongoing knowledge safety rigor, which is of paramount significance to the closely regulated and cybersecurity-conscious monetary providers and insurance coverage industries.
About FMG
Based in 2011, FMG is a SaaS firm specializing in all-in-one advertising and marketing software program and providers for the wealth administration {industry} and serves greater than 40,000 monetary advisors and insurance coverage brokers. FMG offers web sites, electronic mail and social media instruments, multimedia content material, and extra, with the aim of constructing it simple for customers to construct their manufacturers, keep in contact with shoppers, and develop their companies. FMG has relationships with the main unbiased broker-dealer networks and integrations with a number of extensively used wealthtech platforms.
About SOC 2
Outlined by The American Institute of Licensed Public Accountants (AICPA), a System and Group Controls (SOC 2) examination is a report on controls at a service group related to safety, availability, processing integrity, confidentiality, or privateness. SOC 2 studies are supposed to satisfy the wants of a broad vary of customers that want detailed data and assurance concerning the controls at a service group related to safety, availability, and processing integrity of the methods the service group makes use of to course of customers’ knowledge and the confidentiality and privateness of the data processed by these methods.
