STOCK TITAN

Backblaze Receives SOC 2 Type 2 Certification

Backblaze, Inc. (Nasdaq: BLZE) has achieved SOC 2 Type 2 certification, affirming its commitment to robust information security controls.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Tags

Rhea-AI Summary

Backblaze, Inc. (Nasdaq: BLZE) has achieved SOC 2 Type 2 certification, affirming its commitment to robust information security controls. The certification, conducted by an independent third-party auditing firm, validates the effectiveness of Backblaze's operational controls in securing customer data. The company operates in SOC 2 certified data centers, ensuring compliance with industry best practices. CEO Gleb Budman emphasized the importance of this certification as external validation of their data management and security measures. Backblaze plans for annual reviews to maintain SOC 2 compliance, enhancing trust with its customers.

Loading...
Loading translation...

Positive

  • Achieved SOC 2 Type 2 certification, validating effective data management controls.
  • Independent third-party audit confirms robust information security measures.
  • Annual reviews planned for continuous SOC 2 compliance.

Negative

  • None.
Argus Session date unavailable
-9.12% session move Open Argus
Details

News Market Reaction – BLZE

The recorded move for BLZE in the trading session of this news was -9.12%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

Certification demonstrates Backblaze's ongoing commitment to rigorous and robust information security controls

SAN MATEO, Calif., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the leading specialized storage cloud platform, today announced that it received a System and Organization Controls (SOC) 2 Type 2 successful report after completing a SOC 2® examination of the infrastructure and operating effectiveness of controls by an independent third-party auditing firm.

Backblaze operates in data centers that are also SOC 2 certified. With Backblaze itself being SOC 2 certified, it publicly affirms that its cloud storage platform and internal policies and procedures follow industry best practices in securing customer data and account information. The successful completion of the SOC 2 examination highlights Backblaze’s ongoing commitment to protecting customer data and sustainable business practices.

"Completing a successful SOC 2 Type 2 examination provides external validation that our day-to-day operations and security measures are effective at protecting customers’ data," said Gleb Budman, CEO and Chairperson of the Board at Backblaze. "SOC 2 is the standard for effective data management control and underscores Backblaze’s trustworthiness. As the leading specialized storage cloud, we're proud to provide this validation to our customers."

Backblaze plans to be reviewed on an annual basis for continued SOC 2 compliance. Eligible customers and prospects can contact Backblaze Sales to request a copy of the SOC 2 Type 2 report.

Backblaze provides developers, businesses, and consumers with cloud services to store and use their data in an easy and affordable manner, serving as a foundation for customers to back up and archive data, host content, manage media, build applications, and more. Backblaze’s mission is to make storing and using data astonishingly easy.

To learn more about Backblaze's SOC 2 compliance certification please visit the company’s blog.

About Backblaze

Backblaze makes it astonishingly easy to store, use, and protect data. The Backblaze Storage Cloud provides a foundation for businesses, developers, IT professionals, and individuals to build applications, host content, manage media, back up and archive data, and more. With over two billion gigabytes of data storage under management, the company currently works with more than 500,000 customers in over 175 countries. Founded in 2007, the company is based in San Mateo, CA. For more information, please go to www.backblaze.com.

Press Contact:
Jeanette Foster
Communications Manager, Backblaze
press@backblaze.com


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the SOC 2 Type 2 certification mean for Backblaze (BLZE)?

The SOC 2 Type 2 certification indicates that Backblaze has effective controls in place for security, availability, processing integrity, confidentiality, and privacy of customer data.

When was Backblaze's SOC 2 Type 2 certification announced?

Backblaze announced its SOC 2 Type 2 certification on February 9, 2023.

How does Backblaze ensure data security?

Backblaze ensures data security through its SOC 2 certified data centers and by implementing industry best practices in its security policies.

Who conducted the SOC 2 examination for Backblaze (BLZE)?

The SOC 2 examination for Backblaze was conducted by an independent third-party auditing firm.

How can customers access Backblaze's SOC 2 Type 2 report?

Eligible customers can request a copy of the SOC 2 Type 2 report by contacting Backblaze Sales.

Keep reading