Customer Story

Empowering Security and Compliance: Ignyte’s Expertise in SOC 2 Audit Control Updates for 1010data

COMPANY

1010data

EMPLOYEES

201 – 50

SOLUTION

SOC2 Certification

INDUSTRY

Business Intelligence (BI) Software, Software

The Problem

1010data, which SymphonyAI acquired in June 2023, was facing challenges in making the external SOC 2 attestation processes valuable and repeatable to the business. Reporting was difficult, and the controls set were suboptimal in operational design, resulting in low management confidence in the integrity of the report.

1010data needed a business partner that could deliver based on its business model needs and required guidance for building a scalable and repeatable security assurance process.

“We had a sense that our past audits were not capturing the reality of the state of our controls, and that updates and changes were needed to meet our strategic goals. The Ignyte team had the right credentials and depth of knowledge to develop a new baseline for our current and future SOC 2 audits.

Ignyte helped us tighten up how we managed our audit and evidence-collection processes. By helping us to improve our own processes and by instilling a sense of integrity in the audit itself, 1010data’s management now has confidence in the results contained in our final report.”

Steven Dimirsky

SVP & Chief Corporate Counsel

The Solution

The Ignyte team worked with 1010’s executive team to review mandatory obligations, examined contracts, and extrapolated applicable best practices to deliver 1010’s Enterprise Control Strategy and Design. The controls required the development of privacy and security controls for its operational effectiveness.

Ignyte crafted a new SOC 2 Type 2 management scope and technical boundary based on the contract reviews and discussions about 1010’s Data Centers and assets with key stakeholders. Starting with the SOC2 Trust Criteria, Ignyte designed the control set by identifying and including appropriate HIPAA and NIST controls for security and cyber to address the concerns of 1010data.

The control framework is now used for the audit, streamlining internal practices for evidence collection and establishing repeatable processes that sped up the audit to lay the foundation for success in future audits. The Ignyte team helped 1010 achieve the ultimate goal of reducing supplier risk within their supply chain and gave management confidence for new customer onboarding and stability for acquisitions.

60 days

to achieve final SOC 2 Report

100%

new control set with SOC2 & cyber coverage

$100K

in total savings & cost avoidance (no rework)

The Result

Compliance

Developed a custom tailored and integrated security controls framework specific to 1010’s Data Centers and organization for emerging SOC 2 Audit. Frameworks includes: HIPAA, NIST, and SOC 2 Trust Criterias.

Automation

Automating GRC processes with Ignyte Assurance Platform mapping and reduced overlapping controls. Aided in designing and implementation of those controls within JIRA instance of 1010.

Certification

1010 achieved its SOC 2 certification through the Ignyte team within scope, time, and cost. The certification is reusable across various business offerings of the 1010data product set.

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