Robust data production standards are essential for Highwire’s clients. During contractor assessments, safety and financial data collected in Highwire must be protected and secure. Highwire is proud to be certified in SOC2 and ISO 27001, reflecting our commitment to protecting customer data. Highwire is pleased to be one of the only contractor management systems with companywide SOC2 certification. This recognition has helped us earn the trust of some of the world’s largest and most sophisticated companies.
Exceptional safety assessments and financial prequalification require clients to share and review sensitive financial and legal documents. Balance sheets, loan information, and OSHA documentation are just a few examples of the data contractors share during the Highwire enrollment process and require the highest levels of privacy, confidentiality, and data security. In the pursuit of our mission to drive Contractor Success, data security is an essential requirement.
The Vital Role of Data Security and Third-Party Certification
Highwire relies on the rigorous standards of the ISO 27001 and SOC2 frameworks to demonstrate our global commitment to a repeatable, continuously improving, risk-based Information Security Management System (ISMS).
With the growing frequency and sophistication of cyber threats, safeguarding data has become crucial for protecting privacy, maintaining trust, and ensuring business continuity. Among the various third-party standards available, ISO 27001 and SOC2 certification have become the most comprehensive and internationally recognized frameworks for information security management.
What is ISO 27001 Certification
ISO 27001 is an internationally recognized standard that provides a systematic and structured approach to information security management. Developed by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC), ISO 27001 sets out the requirements for establishing, implementing, maintaining, and continually improving an Information Security Management System (ISMS). By adhering to the ISO 27001 framework, Highwire effectively manages risks, enhances resilience, and protects our partners’ sensitive information.
What is SOC2 Certification
System and Organization Controls (SOC) 2 is a widely recognized auditing standard developed by the American Institute of CPAs (AICPA). SOC2 certification assesses an organization’s information security policies, procedures, and controls, focusing on the security, availability, processing integrity, confidentiality, and privacy (commonly referred to as the “Trust Services Criteria”) of its systems. Achieving SOC2 certification further demonstrates Highwire’s commitment to data security and assures our partners that appropriate safeguards are in place.
The Benefits of ISO 27001 and SOC2 Certification
1. Comprehensive Risk Management: ISO 27001 and SOC2 emphasize a risk-based approach, enabling organizations to identify, assess, and mitigate potential threats to their information assets. By conducting regular cybersecurity audits and implementing appropriate controls, Highwire proactively safeguards customer data using cutting-edge security controls to minimize vulnerabilities.
2. Legal and Regulatory Compliance: Compliance with data protection laws and regulations is critical to maintaining trust and avoiding legal repercussions. ISO 27001 and SOC2 certification requires organizations to align their information security practices with emerging legal and regulatory requirements, helping Highwire stay ahead of evolving compliance obligations, including the General Data Protection Regulation (GDPR).
3. Trust and Transparency: ISO27001 and SOC2 certification provide independent third-party validation of Highwire’s security practices. It offers our customers a level of transparency and assurance about the effectiveness of our security controls. Highwire understands the importance of proving that sensitive information is handled securely. To demonstrate the company’s commitment, Highwire welcomes auditors to review ISO 27001 and SOC2 compliance.
4. Continuous Improvement: ISO 27001 and SOC2 are designed to foster a culture of continuous improvement. By regularly reviewing and updating our ISMS, Highwire adapts quickly to evolving threats and stays at the forefront of information security practices. This iterative process helps Highwire remain resilient in the face of emerging security threats.
Conclusion
ISO 27001 and SOC2 certification validates Highwire’s commitment to the confidentiality, integrity, and availability of our customers’ valuable data assets. By embracing third-party certification, Highwire fortifies its security posture and ensures our ability to thrive in a data-driven landscape while upholding the trust of the partners we serve.
For more details and an overview of the principles and practice of our Information Security Management System, please review the Highwire Privacy Policy.
