Nanoprecise Successfully Renews SOC 2 Type 2 Audit with Zero Exceptions
For Immediate Release
Edmonton, Alberta, Canada — Nanoprecise Sci Corp is pleased to announce the successful completion of its annual SOC 2 Type 2 audit with zero exceptions. The audit was conducted in accordance with the American Institute of Certified Public Accountants (AICPA) Trust Services Criteria and was independently tested and attested by Prescient Assurance, a recognized leader in compliance attestation for B2B SaaS organizations.
Nanoprecise selected the SOC 2 Type 2 framework as its cybersecurity standard because it represents the most rigorous and widely recognized benchmark for data security, availability, and privacy in the SaaS industry. The framework’s emphasis on continuous operational controls aligns directly with Nanoprecise’s commitment to sustained, enterprise-grade data protection for its customers.
“We selected SOC 2 Type 2 because it is the gold standard for demonstrating that our security and privacy controls are well-designed and are operating effectively over time. Achieving this certification with zero exceptions is a testament to the diligence of our entire team and reflects our unwavering commitment to protecting the data our customers entrust to us. Our customers can be confident that when they share their critical machine data with Nanoprecise, it is handled with the highest level of security and care.”
— Faizan Ahmad Wani, Head of IT & Cyber Security, Privacy Officer, Nanoprecise Sci Corp
By adhering to SOC 2 principles and protocols, Nanoprecise enables its industrial customers to share complex machine data with the Nanoprecise cloud platform with complete confidence. The certification removes barriers to data sharing, empowering organizations to unlock the full potential of Nanoprecise’s AI-powered predictive maintenance capabilities without any concerns around data security or privacy.
The certification demonstrates that Nanoprecise has established robust internal controls, policies, and standards aligned with the AICPA’s five Trust Services Criteria: security, availability, processing integrity, confidentiality, and privacy. This achievement is designed to bolster customer confidence and provide the peace of mind needed when sharing mission-critical operational data.
About SOC 2 Type 2 Compliance
SOC 2 (System and Organization Controls 2) is an auditing standard developed by the American Institute of Certified Public Accountants (AICPA). It is specifically designed for service providers that store, process, or transmit customer data in the cloud. Unlike a SOC 2 Type 1 report, which evaluates the design of controls at a single point in time, a SOC 2 Type 2 report assesses whether those controls have operated effectively over an extended audit period—typically six to twelve months. This makes SOC 2 Type 2 the more rigorous and meaningful certification for enterprise customers evaluating a vendor’s data security posture.
Achieving SOC 2 Type 2 compliance with zero exceptions signals that an organization’s security controls are not only properly designed but have been consistently and effectively maintained throughout the audit period.
Nanoprecise not only meets but exceeds industry standards for data security and privacy. The company was audited by Prescient Assurance, a leader in the compliance attestation domain for B2B SaaS companies, ensuring an independent and authoritative validation of Nanoprecise’s security posture.
About Nanoprecise Sci Corp
Nanoprecise is a Canadian technology company providing AI-driven predictive and prescriptive maintenance solutions for machinery-intensive industries worldwide. Recognized on the Deloitte Technology Fast 500™, Nanoprecise enables industrial organizations to reduce unplanned downtime, prevent knowledge loss, and gain clear visibility into the health of their critical assets.
For further information please contact marketing@nanoprecise.io.