What is SOC 2 Type II and why do you need it?
Bridgeway is the first Taft-Hartley technology provider to offer customers the reassurance that comes with hosting your applications in a SOC 2 Type II certified secure data center, which requires rigorous annual auditing by an independent third party. To award this important stamp of approval, auditors examine Bridgeway on four essential criteria: Security, Availability, Processing Integrity, and Confidentiality and Privacy. The designation is issued by the American Institute of Certified Public Accountants (AICPA). Learn more here.
BY THE NUMBERS
average uptime for Bridgeway hosted applications, consistently exceeding our 99% uptime guarantee
terabytes of data restored within 18 hours during our 2017 Disaster Recovery preparedness test
average number of regulatory updates provided to affected customers each year since ACA introduction in 2010
average black market value per record of Personally Identifiable Information (PII)
Is your technology keeping your data secure?
There’s an alphabet soup of data security acronyms – PKI, VPN, PHI, PII, IDS – and if you’re not up on the latest threats and protection strategies, your organization’s data could be at risk. Data breaches can come at a high financial cost, with regulatory penalties topping $1 million in some instances. But the greater risk is your members’ security and trust. Organizations and companies of all sizes and in all industries have found themselves the target of prying cyber thieves. If you are still using homegrown technology to administer benefits, you may be particularly at risk.
No system is completely impenetrable, but there are steps you can take to improve your odds. Having a technology partner you trust to safeguard your data and give you sound advice on data security best practices is an essential fiduciary responsibility for Taft-Hartley administrators and trustees.