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Panther Labs has shown its commitment towards security confidentiality and transparency by completing the SOC 2 Type II certification.
FREMONT, CA: Panther Labs, a cybersecurity organization that specializes in cloud-scale detection and response, has publicized the accessibility of its System and Organization Controls (SOC) 2 Type II report. Attaining SOC 2 Type II compliance validates Panther Labs' capability to ensure the customer data's privacy and security in its cloud-hosted security offering. It is designed as an alternative to the traditional security information and event management (SIEM) systems. Moreover, the audit was performed by the independent cybersecurity firm, BARR Advisory, P.A.
The SOC 2 report is designed to meet the requirements of the customers in highly controlled industries where it is necessary to have assurance about the efficiency of the vendor controls for security, availability, and processing integrity of data. The completed examination comes when Panther is witnessing an increase in adoption of its cloud-hosted service as companies attempt to offload the operational difficulties of managing big data pipelines and legacy SIEM systems.
According to Jack Naglieri, CEO at Panther Labs, the company is processing large volumes of vital security data for the customers regularly. Therefore, achieving the SOC 2 Type II certification shows their commitment to data protection, privacy, and security to reinvent the SIEM for cloud-first security teams.