FOR IMMEDIATE RELEASE
November 22, 2021
Media Contact: Michael Pham michaelpham@thrivemycareer.com
Thrive Maintains Effective Security Controls According to Recent SOC 2 Report
Toronto, Ontario - November 22, 2021 – Today, Thrive Career Wellness Inc. announced that the company has undergone a System and Organization Controls (SOC) 2 examination resulting in a CPA’s report stating that management of Thrive maintained effective controls over the security of its Career Wellness Platform system. The engagement was performed by BARR Advisory, P.A.
A SOC 2 report is designed to meet the needs of existing or potential customers who need assurance about the effectiveness of controls used by the service organization to process customers’ information.
"We are pleased that our SOC 2 report has shown we have the appropriate controls in place to mitigate risks related to security” said Tristan Toye, Chief Technology Officer. “While many claim to adhere to best practices, and on paper meet security requirements, for us being able to demonstrate our commitment through engaging a 3rd party such as BARR Advisory, P.A. was an obvious step forward to build even greater confidence around our security practices with customers. Working in both the private sector (with SMBs to fortune 500 companies) and the public sector (with various levels of government programs) across the globe, operational practices around security are core to how we think about our customers and users' needs.”
The following principle has been developed by the American Institute of CPAs (AICPA) for use by practitioners in the performance of trust services engagements:
Security: The system is protected against unauthorized access (both physical and logical).
A SOC 2 report is an internal control report on the services provided by a service organization to its customers and provides valuable information that existing and potential customers of the service organization need to assess and address the risks associated with an outsourced service.
ABOUT Thrive Career Wellness Inc.
Thrive is a digital career wellness platform designed to help people advance their career. Fortune 500's are working with us to simplify their outplacement, redeployment, and career management to give employees a competitive advantage in finding their next great opportunity. With over 70+ world class services, our unique Thrive Marketplace allows users to choose the services that they want and need. It is completely customizable in order to provide a seamless tailored experience.
ABOUT BARR Advisory
BARR Advisory is a cloud-based security and compliance solutions provider, specializing in cybersecurity consulting and compliance for Software as a Service (SaaS) companies. A trusted advisor to some of the fastest growing cloud-based organizations around the globe, BARR simplifies compliance across multiple regulatory and customer requirements in highly regulated industries including technology, financial services, healthcare, and government.
BARR Advisory services include:
● Compliance Program Assistance
● SOC 1 Examinations
● SOC 2 and 3 Examinations
● SOC for Cybersecurity
● PCI DSS Assessment Services
● ISO 27001 Assessments
● FedRAMP Security Assessments
● HIPAA and HITECH Services
● Penetration Testing and Vulnerability Assessments
● Virtual CISO services
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