IDP and Data Security - What You Need to Know
At SortSpoke, safeguarding our customer's data is the foundation of everything we do. We are focused on maintaining the highest industry standards to protect your data.
Data security and risk management are always top of mind for enterprises when working with cloud-based solution providers.
The impact of third-party data breaches can be wide-ranging in the form of litigation, loss of revenue & clients, as well as reputational harm. According to IBM, the average cost of a data breach in the U.S. was $9.44M, and the Global average was $4.35M.
As enterprises look to tap into the power of Intelligent Document Processing (IDP) to automate manual and repetitive business processes, data security is one of the questions they’ll have along the buyers' journey.
In this blog post, we wanted to highlight some of the ways SortSpoke proactively protects your data throughout its journey.
Enterprises Have Complex Security Needs
SortSpoke works with Fortune 500 companies and some of the leading organizations in insurance, lending, and professional services. These types of organizations have complex security needs and demand their data always stay safe, secure, and compliant with all regulatory protocols.
This is why SortSpoke makes safeguarding your data our highest priority. SortSpoke regularly undergoes third-party audits and has invested significant resources to receive SOC 2 Type I and SOC 2 Type II certifications.
In addition, we also believe you should have control over where your data is stored, how it’s handled, and how it’s managed. To make sure your data stays safe, accessible, and meets all regulatory requirements, SortSpoke takes the following measures:
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Encrypts your data in transit, and at rest
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Provides high availability backups and auto-scaling out-of-box
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Hosts your data in the region of your choice
Along with our data security and risk management best practices, we’ve also partnered with Amazon Web Services (AWS) to provide you with one of the most flexible and secure cloud-computing environments today.
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Data Security is More Than Checking Off Boxes
We understand data security isn’t just checking off a bunch of boxes. It’s an ongoing and proactive effort to protect one of your most valuable assets….your customers' data!
Our Commitment to You.
To see how SortSpoke keeps your data secure, read our data security commitment or email us at info@sortspoke.com if you have any questions.