TwinThread Achieves SOC 2 Type 2
May 31, 2023 -- TwinThread Inc., a well-established technology company, has achieved a SOC 2 Type 2 Attestation for its cutting-edge Industrial Operations Platform. TwinThread’s Industrial Operations Platform empowers every manufacturer and field-based equipment provider to move from reactive, to predictive, to autonomous operations.
Focusing on the internal controls of organizations, the SOC 2 criteria are established by the American Institute of Certified Public Accountants (AICPA). SOC 2 Type 2 reports are intended to meet the needs of customers that need detailed information and assurance about the controls at a service organization relevant to security, availability, confidentiality, processing integrity, or privacy, of the systems the service organization uses to process data. SOC 2 Type 2 reports play an important role in oversight of the organization, vendor management programs, internal corporate governance and risk management processes, and regulatory oversight.
"Successful completion of our first SOC 2 Type 2 audit was the result of ongoing efforts over the preceding year by our team and our trusted cybersecurity partner, ACTIVECYBER. Our dedication to security continues to earn the trust of clients and this new attestation is evidence that TwinThread has a clear set of policies and countermeasures to safeguard our = customers' data and provide resilient uptime for our clients." - Brandon Ekberg, Director of Product Management at TwinThread
TwinThread’s cybersecurity partner, ACTIVECYBER, LLC., supported TwinThread through the original readiness process for TwinThread’s SOC 2 Type 1 report in 2022, and has continued to be a critical partner in TwinThread’s continuous pursuit of cybersecurity maturity, and the SOC 2 Type 2 Attestation. "Our team works closely with TwinThread management throughout the year to continually test their control effectiveness, evaluate their security measures, and facilitate continuous improvement," said Zach Tracy, Senior Manager, Advisory Services at ACTIVECYBER. "TwinThread’s commitment to serve their customers is exemplified in the year-round efforts they undertake with our team."
About TwinThread TwinThread provides a software platform that leverages AI enabled Digital Twin technology to drive a unique continuous innovation process, accelerating the journey to autonomous operations. TwinThread's platform enables operationalized solutions that scale across an enterprise, while
simultaneously driving innovation and preserving the flexibility to choose software architecture components and maintain legacy investments.
The platform facilitates identification and prioritization of continuous improvement and innovation initiatives, and rapid enablement, through packaged applications, of use cases that are key to manufacturers such as quality, performance, and availability. TwinThread packaged applications include anomaly detection and predictive models, along with embedded data preparation processes.
About ACTIVECYBER LLC ACTIVECYBER is a team of cybersecurity and risk management professionals headquartered in the Washington, D.C. area with a national reach. We advise C-Suite, Executive Committee and Technology leadership on maturing and maintaining their cybersecurity posture. Adoption of the ACTIVE Framework™ is proven to enhance any organization’s cybersecurity posture regardless of current state and instill confidence throughout the entire supply chain. ACTIVECYBER has been relied upon to resolve the most discrete cybersecurity matters since 2002. Our clients are leading law firms, associations, healthcare organizations, financial institutions, and technology companies. Learn more at www.activecyber.us.
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