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Locus Robotics operates fleets of AMRs in warehouses world wide. | Credit score: Locus Robotics
Locus Robotics simply accomplished and documented its first Service Group Management 2 (SOC2) audit. A SOC 2 audit paperwork a company’s enterprise processes and determines compliance with the American Institute of Licensed Public Accountants (AICPA) pointers.
Why is that this necessary for a robotics firm? Locus Robotics operates as a Robots-as-a-Service (RaaS) enterprise. As a part of its regular working procedures, Locus Robotics remotely displays, updates and helps its fleet of cell robots deployed on buyer premises. To speak with the robots, Locus connects over the web and thru a shopper’s native community. Locus additionally shops operational information a few robotic fleet operating on a buyer website.
Earlier than organizations permit any third-party merchandise to hook up with their community, they need to guarantee they will belief the safety and information dealing with processes of that vendor. SOC 2 is a properly established course of for auditing and figuring out the compliance of any service supplier. In keeping with Locus Robotics, an SOC 2 Sort 2 audit features a assessment of the next classes:
- Segregation of duties
- Change administration
- Person entry
- Vulnerability scanning
- Enterprise continuity and catastrophe restoration
- Knowledge backup and restoration
- Third-party administration
- Patch administration
An SOC audit employs an authorized public accounting agency to audit the service supplier and produce an annual report. It is a steady course of, requiring yearly audits all through the lifetime of a contract.
An SOC 2 report is a customized (and confidential) report produced for a particular contract and firm. An SOC 3 report is a public report {that a} service supplier publishes to doc its common compliance. The SOC 3 report is for the consumption of potential purchasers, to make sure that a company may be trusted and that it has the controls in place to correctly handle personal information within the cloud and safe communications over the web.
Locus Robotics lately revealed its SOC 3 compliance report for the calendar 12 months 2021, and it’ll proceed to replace this report on an annual foundation. The corporate additionally has a devoted TRUST Middle of its web site that brazenly discusses its dedication to safety.
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