The Importance of Vendor Security:
Cision PR Newswire is SOC2 Compliant
If we didn’t learn it in 2017, we definitely did in 2018 – customer data is under attack. From Fortune 500 companies to small businesses, cybercriminals have relentlessly proved that everyone is a target. According to a recent report, there were over 12,000 confirmed data breaches in 2018, a 424 percent increase from 2017. Cybercriminals are orchestrating sophisticated attacks, systematically targeting vulnerable companies who do not take proactive measures to secure their data.
Today, we’re seeing brands take action. Gartner forecasts that worldwide information security budgets will grow 8.7 percent to $124 billion in 2019. As brands evaluate and improve their internal controls, it’s important not to overlook their external controls. Specifically, it is imperative for companies to assess the security standards of their vendors. A 2018 survey of over 1,000 IT and data security professionals revealed that 59 percent of companies have experienced a data breach due to a third-party vendor. Brands today need partners who extensively invest in security protocols. Whether you’re considering a new tech vendor or evaluating your current provider, it’s important to understand how they will protect your sensitive data.
At Cision, maintaining the integrity, confidentiality and availability of our customers’ information is an important part of our culture. We are proud to provide our clients with industry-leading security, which is demonstrated by our SOC 2 compliance. The SOC 2 report provides assurance to PR Newswire customers that we have designed and implemented effective security controls, as defined in the rigorous SOC 2 standards. Cision is committed to long-term, trusted partnerships with our customers. Our investment in best-in-class security and compliance demonstrates our serious commitment to this promise.