STRATIS Announces SOC 2 Compliance at MTEC

Mar 13, 2019 | Press Releases

3 minute read

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STRATIS Sets the Standard for Security in Smart Apartment & Intelligent Building Platforms.

Philadelphia, PA – March 13, 2019– STRATIS announced the successful completion of its SOC 2 Audit at the MultiFamily Technology & Entrepreneurship Conference in San Francisco, following its strong results from its data security and confidentiality testing. STRATIS is the first and only MultiFamily IoT Platform to achieve this critical milestone. SOC 2 certification represents the apex of holistic security and privacy systems and highlights STRATIS’ position as the industry leader in resident and data security. SOC2 certifications are renewed semi-annually or annually and encompass all systems, hardware, and business processes to ensure maximum security, availability, processing integrity, confidentiality and privacy controls are in place and effectively managed.

“At STRATIS, we pride ourselves on protecting our clients and their Residents’ security and privacy, first and foremost, in every aspect of our business,” stated STRATIS COO Sean Hawley. “Our unique sidewalk-to-sofa implementation and technology advantages have enabled us to take a significant lead in the MultiFamily IoT market, with 300,000 units installed in 46 states. We see potential risks and exposures every day in the market, and determined that the only responsible action, was to independently initiate the rigorous and intensive audit process, to ensure that our systems are as secure as our clients deserve.”

This prestigious addition to STRATIS’ qualifications, makes it the most complete and secure IoT Platform serving the MultiFamily and Student Housing industry. With over 100 device integrations with strategic partners like Schlage, Honeywell, and Leviton, and software integrations like RealPage, Tour24, ButterflyMX, and Brivo, STRATIS builds what owners and operators prescribe, offering unprecedented confidence that they are enabling their Residents and protecting their client’s property and data.

The Service and Organization Controls (SOC) 2 Report is performed in accordance with AT-C 205 and based upon the Trust Services Criteria, with the ability to test and report on the design (Type I) and operating (Type II) effectiveness of a service organization’s controls. The SOC 2 report focuses on a business’s non-financial reporting controls as they relate to security, availability, processing integrity, confidentiality, and privacy of a system. Combined with STRATIS’ responsible reporting system, partnering with Fortune 50 companies to conduct regular penetration testing and threat modeling and remediation, STRATIS continually sets and then raises the standard for IoT security.

About STRATIS

STRATIS is an Inc. 5000 “Fastest Growing Company in America” and an Entrepreneur 360 “Best Company in America.” STRATIS enables smart apartments and intelligent buildings and is the only platform of its kind built for the complexities of multifamily and student housing. Since launch, STRATIS has installed in 325,000 apartments across the U.S. and more than 18,000 internationally. To get more information visit: STRATISIoT.com.