SOC 2 Type 2 – Major Security Milestone for Lilac
When we were first getting Lilac Software off the ground, I knew that we would need to have an incredibly mature security posture from day one. Having served as a CTO multiple times, most recently at Oscar Health, I know how critical security is for an organization evaluating technology vendors–especially younger companies. That equipped me with deep empathy for the healthcare technology leaders we aim to build trust with at Lilac. That’s why our approach to building technology meets the most stringent security standards while offering unmatched flexibility and transparency for our customers’ IT teams. As a testament to this approach, I’m proud to announce that Lilac software is now SOC 2 Type 2 compliant.
Achieving this milestone so quickly at Lilac shows that safeguarding sensitive data is not just a priority; it is a cornerstone of our mission to bring cutting edge cloud and AI/ML technologies to healthcare. Before any innovative applications can be considered we need our customers to have the highest level of trust and transparency in managing their data. Lilac’s SOC 2 Type 2 compliance validates that we are doing what’s needed to earn trust and deliver transparency.
What is SOC 2 and why is it important?
SOC 2 or Service Organization Controls 2 is a framework that is governed by the American Institute of Certified Public Accountants (AICPA). With a SOC 2 audit, an independent service auditor will review an organization’s policies, procedures, and evidence to determine if their controls are designed and operating effectively. A SOC 2 report communicates a company’s commitment to data security and protection of customer information.
Passing a SOC 2 Type 2 audit requirs meeting 110+ security tests over an extended period of time. It requires having a robust set of policies and safeguards in place, living by those every day and providing evidence that you are doing so. The SOC 2 Type 2 badge exemplifies an ongoing commitment to security and is a major milestone in the security journey. With increasing cybersecurity threats and data breaches, it is paramount that all organizations, especially those in healthcare, prioritize information security and the protection of systems and data. By undergoing a SOC 2 Type 2 audit, Lilac’s controls and processes were validated by a respected auditor.
What SOC 2 Type 2 means for Lilac and customers?
One of Lilac’s core principles is about simplicity–be easy to work with and build technology that’s easy to implement. Having a detailed SOC 2 Type 2 audit creates a smoother, more efficient path to getting security and compliance sign off for potential customers. This means a lower burden on a plan’s IT team during security review and less time before Lilac starts making an impact.
As we continue to grow and evolve, our commitment to security will remain steadfast. SOC 2 Type 2 certification is not just a milestone; it is a foundation upon which we will innovate and build. We look forward to supporting our current and future customers with cutting-edge analytics solutions, backed by security frameworks they can trust.
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