Parakeet Risk Trust Center: SOC 2 Compliance as the Standard for Security
Risk Management
Mar 26, 2026
Trust is the foundation of every industrial partnership, which is why we maintain our SOC 2 attestation. It is a core component of our mission to protect clients' industrial operations. Our SOC 2 badge, maintained via the Vanta platform, serves as real-time proof of our compliance with AICPA standards.
What is SOC 2, and what does it mean to be SOC 2 compliant?
A SOC 2 (System and Organization Controls) is an independent audit conducted by the AICPA (American Institute of Certified Public Accountants). It verifies that a service organization’s security, availability, and confidentiality controls are designed and operating effectively.
As the AICPA highlights, a SOC 2 report is an audit that verifies how a company safeguards its data.
For our partners in industrial sectors, this means:
Verified Data Protection: Your sensitive contractor and supplier data is handled with enterprise-grade security.
Operational Resilience: Our controls are designed to prevent the very disruptions we help you manage in your own supply chain.
Third-Party Confidence: You can reassure your own stakeholders that your risk management "engine" is independently audited and secure.
SOC 2 attestation is a gold standard for security and data protection. Being SOC 2 compliant means the company has completed an audit successfully and received a SOC 2 Type [I or II] attestation report.
SOC 2 Compliance is our proactive approach to security
We make risk decisions in real time, applying the same approach to our internal security practices. Instead of relying on annual compliance checks, we use continuous risk monitoring to maintain a secure environment at all times.
You can spot the Vanta SOC 2 badge on our website as a symbol of our commitment to protecting clients' data.
In high-stakes industrial environments, security is a mission-critical component of operational continuity. The SOC 2 report is an independent audit confirming that our processes for handling third-party data operate as intended. Our controls are measured against rigorous industry standards and reviewed by outside auditors. For you, this means there’s clear, ongoing evidence that data protections aren’t just on paper—they’re in place and active every day.
The SOC 2 attestation is the proof that Parakeet Risk's internal systems are as robust as the risk management workflows we build for you.
What Trust Services Criteria (TSC) are covered in our SOC 2 report?
Our audit specifically focuses on the Security and Availability criteria, ensuring that the Parakeet Risk system is protected against unauthorized access and remains operational to support your continuous industrial workflows.
Unlike traditional "point-in-time" security, we utilize an automated compliance platform (Vanta) to monitor our security controls 24/7. If a control deviates from our standard, our security team is alerted in real-time to take action.
Vanta-Powered Trust Center: Real-Time Security and Compliance Transparency
We believe in radical transparency. That is why we have launched the Parakeet Risk Trust Center, a dedicated environment powered by Vanta. By maintaining our SOC 2 attestation through Vanta’s platform, we ensure that our security claims are backed by rigorous, independent, and real-time evidence.
This center serves as your live, "always-on" source for:
Security Documentation: View our active security posture.
Compliance Certifications: Access our latest SOC 2 reports.
Subprocessors & Controls: Review how we manage data across our entire unified workflow.
By securing our own systems to SOC 2 standards, we provide you with the confidence to manage your subcontractors and suppliers without worrying about data integrity or security gaps. Do you have questions about your data security? Reach out to our team!
