Key Certification Validates Security and Confidentiality of Energy Regulatory Data Reported Using the HData Platform
BIRMINGHAM, AL – HData, Inc., the leading provider of energy regulatory compliance and business intelligence, announced today that its cloud-based data platform has been certified by the American Institute of Certified Public Accountants (AICPA) as SOC 2 compliant. The company engaged in rigorous operational and informational security testing to obtain its certification.
"We are proud to have achieved this important milestone," said Yuval Lubowich, HData's chief technology officer. "The certification is an important step in validating the security of our systems and our ability to meet the regulated energy industry’s best practice standards."
HData has successfully completed a System and Organization Controls (SOC) 2 Type I audit, performed by Sensiba San Filippo, LLP (SSF). Developed by the American Institute of Certified Public Accountants (AICPA), the SOC 2 information security standard is an audit report on the examination of controls relevant to the trust services criteria categories covering security, availability, and confidentiality.
"This certification is a testament to our company's dedication to information security and operational excellence," said Hudson Hollister, Founder & CEO of HData. "It is one more example of the unmatched value that HData provides to the energy industry."
A SOC 2 certification demonstrates that an organization maintains a high level of information security. SOC 2 requirements (tested through on-site audits) can help ensure that sensitive information is handled responsibly. Complying with these strict standards can help protect your clients' data, ensuring a positive reputation for your company.
HData’s platform uses regulatory data to automate compliance and business intelligence for electric utilities, gas companies and oil pipelines. The mission of the company, founded in 2018, is to digitize the interface between the regulatory and private sectors by creating and scaling platforms that take advantage of digital reporting.