Soc 2

A Culture of Compliance

FBK considers the culture of ethics and compliance as the foundation of every company, even more when operation directives and business imperatives have to deal with security and privacy.

The great diffusion of cloud platforms for almost any kind of business environment has reached impressive dimensions, on our side, as company leader in SaaS Solutions for Tender Management in Life Sciences, we’ve always intended to do whatever it takes to keep our products safe and secure for our clients.

At the end of 2018, we decided to go one step further, not only by improving the level of our organization’s compliance through standard methodologies, but reaching a demanding and qualifying, turning point: the achievement, after a trial of almost a year, of the prestigious SOC 2 Type II Report.

SOC 2 Type II is an auditing procedure developed by the American Institute of CPAs (AICPA) ensuring that a specific business or an application is handling customer data securely, and in a manner that protects the client and the privacy of its customers.

To reach this accomplishment that means, in summary, passing more than 100 processes and controls and developing long-term monitoring of all procedures that involve the whole company staff, FBK has chosen Deloitte Risk Advisory as Audit Partner, the largest professional services network in the world. The very challenging audit for the renewal of SOC 2 Type II for the year 2019 has been successfully passed, confirming that FBK organization has the appropriate safeguards and procedures in place, according to the Soc standards.

SOC 2 Type II Report represents a unique and distinctive award, that guarantees to all our clients that FBK cloud platform is in place to ensure the security of their information.

What distinguishes SOC 2 Type II Report from other certifications?

SOC 2 is a voluntary compliance framework, designed for service providers storing customer data in the cloud. It requires that any organization is in compliance with requirements relevant to security, processing integrity, availability, confidentiality, and privacy. It is meant for service organizations as FBK that hold, store, or process the private data of their clients.

Like we do with our SaaS platform

The achievement of SOC 2 means not only the certification of the goodness of FBK procedures, as well as the significant investment in time and capital, but represents a solid guarantee for our clients and potential customers that we are applying best practices as they pertain to implementation and reporting on control systems.

And last but not least, it differentiates FBK organization, providing a competitive advantage from other companies in the marketplace that have not undergone a SOC 2 Type II audit.

With SOC 2 Type II we have enriched not only the quality level of our company, but we have fortified our organization against risk, building employee engagement and strong loyalties with all the stakeholders.

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