Peloton Achieves SOC 1 and SOC 2 Type 2 Compliance, Demonstrating Commitment as a Safe and Secure Software Solution
PR94891
CALGARY, AB, March 9, 2022 /PRNewswire=KYODO JBN/ --
the global leader in data management software solutions for the energy
industry, announces it has achieved System and Organization Controls (SOC 1 and
SOC 2) Type 2 compliance, a widely recognized auditing standard developed by
the American Institute of Certified Public Accountants (AICPA). Achieving this
compliance demonstrates how Peloton safeguards customer data and maintains
effective controls. The examination was performed by Armanino LLP
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"The journey to achieve SOC 1 and SOC 2 compliance is just one more way to show
that we take strict measures to protect our customers' data," said Glen Gray,
CEO of Peloton. "In this age of constant data dispersal, businesses need to
have assurance that their data is safeguarded. This is why we have made it a
priority to continue to invest in our security controls."
SOC 1 and SOC 2 reports provide valuable information that customers need to
assess and address the risks associated with an outsourced service.
-- SOC 1 audited Peloton's controls relevant to a customer's financial
reporting. The audit included Peloton's Well Data Lifecycle, Production
Data Lifecycle and Land Data Management solutions.
-- SOC 2 audited Peloton's Platform controls relevant to the Trust Services
Criteria: security and availability.
"For over 30 years, we have been committed to the safety and security of our
Peloton Platform. This was just further validated when auditors confirmed our
dedication to the continuous implementation and monitoring of appropriate
technologies and procedures to protect security and availability of the service
and customer data," said Gray.
Peloton's SaaS-based Platform provides energy operators the ability to view
vital operational data across three solution areas in one platform. Developed
in partnership with Microsoft Azure's technology, this customizable platform
delivers a seamless user experience to help organizations achieve maximum value
from Well Data Lifecycle, Production Data Lifecycle and Land Data Management.
Each Peloton product has commercial integration with each of our other
products, which greatly simplifies implementation costs and complexity.
For further information about Peloton's SOC compliance, or to request a copy of
a report, contact your account representative or info@peloton.com.
Contact:
Cara Riccetti
Global Marketing Communications Manager
+1 713-410-7857
cara.riccetti@peloton.com
SOURCE Peloton
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