GridMatrix Achieves SOC2 Type II Certification
San Francisco, August 21st, 2023 — GridMatrix, the leading provider of transportation analytics solutions, is pleased to announce its successful completion of the SOC 2 Type 2 cybersecurity audit. The achievement underscores the company’s commitment to ensuring the highest standards of data security and privacy for its clients in the transportation industry.
The SOC 2 (System and Organization Controls 2) audit is widely recognized as the gold standard for evaluating the effectiveness of an organization’s security controls and practices. The holistic review examines how a company handles risk identification and mitigation across the organization, emphasizing overall data-handling processes rather than specific technical safeguards. The audit covers a range of topics, including information security and data access management, disaster and outage redundancy, supply chain management, and continuity planning.
Conducted by an independent third-party auditing firm, the Type 2 audit is a comprehensive examination that evaluates the company’s information security policies, procedures, and operations over several months to ensure they meet the stringent Trust Services Criteria established by the American Institute of Certified Public Accountants.
GridMatrix has always placed a strong emphasis on safeguarding sensitive data and protecting the privacy of its clients. Undergoing the SOC 2 audit was a natural step for the company to validate its commitment to maintaining the highest levels of security and compliance.
“We are delighted to have successfully completed the SOC 2 cybersecurity audit,” said GridMatrix CEO Nicholas D’Andre. “This achievement demonstrates our unwavering dedication to providing our clients with the most secure transportation analytics solutions. We understand the critical nature of the data we handle and are committed to maintaining the highest standards of confidentiality, integrity, and availability.”
The SOC 2 audit encompasses several key areas, including security, availability, processing integrity, confidentiality, and privacy. By passing the audit, GridMatrix has demonstrated its ability to establish and maintain an effective control environment to protect the interests and data of its clients.
In an increasingly interconnected world, where data breaches and cyber threats pose significant risks to organizations, SOC 2 certification provides assurance to GridMatrix’s clients that their data is handled securely and in compliance with industry best practices.
“Our clients rely on us to help them derive valuable insights from their transportation data, and they trust us to handle their information responsibly,” added GridMatrix Vice President of Business Development Austin Wilson. “By completing the SOC 2 audit, we are strengthening that trust and further solidifying our position as a leader in the transportation analytics space.”
GridMatrix is committed to investing in security measures and maintaining a robust information security management system. By adhering to industry best practices, the company will continue to protect client data and deliver innovative transportation analytics solutions that empower organizations to make informed decisions and drive operational excellence.
About GridMatrix
GridMatrix’s award-winning software platform for real-time traffic analytics combines edge data from existing roadway sensors and cloud-based data sources to eliminate urban traffic congestion, accidents, and emissions.
The Intelligent Transportation Society of America has recognized GridMatrix’s software as a leading new solution for sustainable and resilient infrastructure.
GridMatrix is headquartered in California with operations across the United States. The company was founded in 2021 by a group of former Apple engineering and operations colleagues. The company’s recent work has been featured in ITS International, the Associated Press, and Government Technology.
For press inquiries, please contact:
Kyle Pickett
kpickett@gridmatrix.com
1–916–747–0431
