Cyren Inbox Security Achieves SOC 2 Type 2 Compliance

Rhea-AI Summary

Cyren (NASDAQ:CYRN) has announced the successful completion of an external audit for compliance with SOC 2 Type 2 standards. This accreditation confirms that Cyren's security controls and processes meet the requirements for protecting customer data. The audit was performed by an accredited third party, enhancing customer trust in Cyren Inbox Security. Michael Tamir, Chief Information Security Officer, emphasized the significance of this milestone in fulfilling their responsibility to secure client data. Compliance with SOC 2 Type 2 positions Cyren favorably in the competitive cybersecurity market.

Positive

• Achieved SOC 2 Type 2 compliance, enhancing customer trust.
• External audit conducted by an accredited third party validates security measures.
• Affirms robust protection of customer data in accordance with globally accepted standards.

Negative

• None.

MCLEAN, VA / ACCESSWIRE / August 17, 2022 / Cyren (NASDAQ:CYRN), a provider of next-generation email protection and cyber threat intelligence solutions, today announced it has successfully completed the external audit of its security controls and processes according to the Service Organization Controls (SOC) 2 Type 2. The process requires an accredited third party to thoroughly review and approve of Cyren's security program over time, giving customers peace of mind that Cyren Inbox Security is operated according to best practices.

"We have a responsibility to secure our customers and their data from attack," said Michael Tamir, Chief Information Security Officer at Cyren. "It's an important milestone to have our program audited by an outside party to confirm compliance with a globally accepted standard like SOC 2 Type 2."

SOC 2 is an auditing standard created by the American Institute of Certified Public Accountants to report on the ability of a service provider to ensure security, confidentiality, and availability of customer data in its possession. It has become the de facto security credentials required for SaaS providers around the world. Compliance with SOC 2 Type 2 assures customers that Cyren maintains the appropriate safeguards for protecting sensitive data.

To learn more about Cyren Inbox Security, please visit the Cyren website.

About Cyren

Cyren (NASDAQ:CYRN) protects more than a 1 billion users around the world from sophisticated and emerging email-, malware-, and web-based cyber-attacks every day. Our embedded threat detection, threat intelligence and inbox security solutions help enterprises, service providers, and technology companies prevent breaches and eliminate countless hours of incident response. Learn more at www.cyren.com.

Media Contact

Kim Smith
Code Red Communications
Cyren@coderedcomms.com

Investor Contact

Brian Dunn
General Counsel
Cyren
Brian.dunn@cyren.com

SOURCE: Cyren Ltd

View source version on accesswire.com:
https://www.accesswire.com/712248/Cyren-Inbox-Security-Achieves-SOC-2-Type-2-Compliance

FAQ

What is the significance of Cyren achieving SOC 2 Type 2 compliance?

Achieving SOC 2 Type 2 compliance signifies that Cyren's security controls meet high standards for protecting sensitive customer data, which enhances trust with clients.

When did Cyren announce its SOC 2 Type 2 compliance?

Cyren announced its SOC 2 Type 2 compliance on August 17, 2022.

What does SOC 2 Type 2 compliance entail for Cyren?

SOC 2 Type 2 compliance involves an external audit assessing the effectiveness of Cyren's security practices over time, ensuring data security and confidentiality.

How does SOC 2 Type 2 compliance impact Cyren's business?

SOC 2 Type 2 compliance positively impacts Cyren's business by building customer confidence and potentially attracting new clients looking for reliable cybersecurity solutions.