Outside a closed bank vault

Foko Retail Certified SOC 2 Compliant by Assure Professional

We take information security seriously, and we have the credentials to prove it

  • By Matthew Ritchie

Information security is an increasing priority for retailers as they rely more and more on enterprise software to help them better manage day-to-day operations and communicate with store teams.

But when a third-party vendor doesn’t appropriately handle a company’s information, retailers risk having their data fall into the wrong hands.

That’s why Foko Retail regularly undergoes audits and assessments, internally and externally, of our internal controls to ensure we’re meeting requirements and strictly adhering to policies and procedures related to the ongoing security of our platform.

Today, we’re pleased to announce that, as of June 2, 2020, we’ve been certified SOC 2 compliant by Assure Professional.


What is SOC 2?

Developed by the American Institute of CPAs (AICPA), SOC 2 is a technical audit meant to evaluate an enterprise’s information systems and the effectiveness of its internal controls in ensuring the security, availability, processing integrity, confidentiality, and privacy of a customer or client’s data.

One of the most common compliance requirements for a tech company that stores information on the cloud, SOC 2 is specifically designed to ensure that service providers are establishing and following well-defined security policies, procedures, and practices to minimize risk and keep customer’s private information safe.

After undergoing an examination of our internal controls, external auditor Assure Professional has deemed Foko Retail compliant per the guidelines established and stipulated by the AICPA for the reporting standard of SOC 2.


What Does that Mean for Retailers Working with Foko Retail?

Essentially, when you use Foko Retail, you can rest easy knowing our security measures get consistently upheld to the highest industry standards, and the information you share on the platform is stored safely and securely in the cloud.