ITShastra reaffirms commitment to cyber governance; completes SOC 2 Type 1 Certification
National, February 14:ITShastra,
a leading IT services provider, on Monday announced the company has completed
the Service Organization Control (SOC) 2 Type 1 audit- a critical barometer of
a robust information security system.
The audit indicated that ITShastra and its
industry-leading technology platforms and solutions comply with the highest
cybersecurity standards that ensure the best IT governance concerning data
storage, client privacy, and confidentiality in the current cloud-native
environment.
SOC 2 is a voluntary compliance standard
for service organizations, developed by the American Institute of Certified
Public Accountants (AICPA), which specifies how organisations should manage
customer data. Compliance with SOC 2 specifications indicates that an
organisation maintains a high level of information security that reduces risks
arising from cyber breaches.
With this certification, ITShastra
showcases its robust cybersecurity architecture with a Zero Trust security
approach to all network endpoints. The company works with many hyperscaler
cloud service providers and such certification will provide a further boost to
its various cloud offerings.
“Cybersecurity has emerged as the
cornerstone of any digital enterprise. While the COVID pandemic has accelerated
the pace of digital transformation, it has simultaneously given rise to a
plethora of cyberattacks. At ITShastra, we are deeply committed to the aspect
of client privacy and confidentiality. With the completion of SOC 2 Type 1
audit, we take that commitment to the next level with an unwavering focus on
data safety and security in this cloud-native environment,” said Sanjeev
Dahiwadkar, Founder & CEO of ITShastra.
The World Economic Forum's 'Global
Cybersecurity Outlook 2022' report showed that ransomware attacks rose 151 per
cent in 2021 with an average of 270 cyberattacks per organisation being faced
during the year as connected devices proliferated amid the COVID pandemic. Each
successful cyber breach cost a company $3.6 million, the report noted. Against
this backdrop, ITShastra’s robust cybersecurity framework puts it in good stead
to serve enterprises across the globe in their digital transformation journey.
About ITShastra (India) Pvt Ltd:
ITShastra is a global IT services provider
with leading capabilities in consulting, software development, testing, design,
and next-generation digital solutions. With two decades of experience, the
company has unmatched experience in the BFSI (banking, financial services,
insurance) sector with more than 3 million hours of hands-on turn-key project
management experience. With ISO 9001 and ISO 27000 certifications, ITShastra
offers a comprehensive range of services that are powered by Microsoft Azure
& AWS-based cloud solutions. Headquartered in Mumbai, India; the company
has multiple software development centres across the globe that work as
co-innovation hubs for businesses.
For more information contact us:
Avinash Kulkarni, Chief Compliance Officer
ITShastra (India) Pvt. Ltd.
Email: avinash.kulkarni@itshastra.com
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