SAN DIEGO, CALIF., July 9, 2024 – FMG, an industry-leading SaaS firm specializing in advertising and marketing software program and companies for monetary advisors and insurance coverage brokers, is proud to announce it has obtained its Service Group Controls (SOC) 2 Kind 1 certification, taking a significant step ahead in its information and system safety. cybersecurity.
SOC 2 certification validates an organization’s cybersecurity controls at a particular cut-off date, with the vital function of:
- Confirming the adequacy of insurance policies, procedures, and controls to guard the integrity of Firm and Buyer information.
- Assessing the design and sufficiency of associated programs, instruments, and methods to help such insurance policies and procedures.
- Controling and optimizing information privateness and safety efforts whereas figuring out alternatives for enhancement and enchancment in any of those areas.
To obtain certification, service organizations should be in compliance with all SOC 2 belief rules related to their group. The SOC 2 belief rules embrace:
- 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 information breaches, cyberattacks, and different safety incidents.
- Availability: This precept focuses on making certain that programs, purposes, and information are accessible to approved customers when wanted. It includes 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 information isn’t altered or manipulated in an unauthorized approach.
- Confidentiality: This precept focuses on defending the confidentiality of delicate shopper info. It includes measures to limit entry to information solely to approved personnel and forestall unauthorized disclosure.
- Privateness: This precept focuses on defending the privateness of shopper information and adhering to related information privateness rules. It includes measures to handle and management the gathering, use, disclosure, and disposal of private info.
“Over the course of the previous twelve months, FMG has up to date its IS insurance policies and processes and enhanced quite a few key inside controls governing information safety,” mentioned Dave Christensen, FMG’s Chief Product and Know-how Officer. “After a rigorous audit of all these components, we’re happy to have obtained a Kind 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 Data Safety within the cloud-based digital advertising and marketing house FMG occupies, FMG’s SOC 2 Kind 1 certification marks a major step ahead in its evolution as an industry-leading digital advertising and marketing powerhouse.
“Certification offers reassurance to current clients that their delicate enterprise information is secure with us,” mentioned Susan Theder, FMG’s Chief Advertising and marketing and Expertise Officer. “Plus, it offers potential clients the boldness essential to do enterprise with us, increasing our listing of potential enterprise companions.”
As well as, FMG is on tempo to realize Kind 2 certification imminently and views its Kind 1 certification as not solely validation of its InfoSec controls however a robust signal of ongoing information safety rigor, which is of paramount significance to the closely regulated and cybersecurity-conscious monetary companies 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 companies for the wealth administration {industry} and serves greater than 40,000 monetary advisors and insurance coverage brokers. FMG offers web sites, e mail and social media instruments, multimedia content material, and extra, with the purpose of constructing it straightforward for customers to construct their manufacturers, keep in contact with purchasers, and develop their companies. FMG has relationships with the main unbiased broker-dealer networks and integrations with a number of broadly 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 experiences are meant to satisfy the wants of a broad vary of customers that want detailed info and assurance concerning the controls at a service group related to safety, availability, and processing integrity of the programs the service group makes use of to course of customers’ information and the confidentiality and privateness of the data processed by these programs.