Verysell Group Celebrates SmartDev’s SOC 2 Type 2 Certification

At Verysell Group, we believe that trust, security, and compliance are fundamental pillars of success in today’s technology-driven world. That is why we are proud to announce that SmartDev, one of the leading IT Company, Verysell Group’s Development Center, has officially achieved SOC 2 Type 2 certification. This milestone underscores SmartDev’s dedication to the highest standards of security, operational integrity, and regulatory compliance. 

The achievement of SOC 2 Type 2 is more than just a certification—it is a testament to SmartDev’s unwavering commitment to protecting client data and delivering secure, world-class software solutions. In this article, we will explore what this certification means, why it matters, and how it strengthens the entire Verysell Group. 

1. SOC 2 Type 2: A Milestone in Security and Compliance 

SOC 2 (Service Organization Control 2) is a globally recognized standard developed by the American Institute of Certified Public Accountants (AICPA). It evaluates a company’s internal controls concerning data security, confidentiality, and privacy. SOC 2 Type 2 is the most rigorous level of this certification, requiring an extended audit period (typically six to twelve months) to ensure that security controls are consistently and effectively applied. 

The certification is based on five Trust Service Criteria (TSCs): 

SOC 2 Type 1 & SOC 2 Type 2 

SOC 2 certification comes in two types, SOC 2 Type 1 and SOC 2 Type 2, both of which evaluate a company’s internal controls for security, availability, processing integrity, confidentiality, and privacy. However, they differ significantly in their scope and impact: 

• SOC 2 Type 1: Assesses an organization’s controls at a specific point in time. This means that the audit determines whether the right security measures and protocols are in place at the moment of evaluation. 

• SOC 2 Type 2: Examines the effectiveness of these controls over a longer period, typically six to twelve months. This ensures that the security protocols are consistently applied and maintained, offering greater assurance that the organization follows best practices in a sustainable manner. 

By achieving SOC 2 Type 2, SmartDev has demonstrated its long-term commitment to security, proving that its controls are not only well-designed but also effectively maintained over time. This higher level of scrutiny provides stronger validation for clients that their sensitive data is consistently protected. 

ISO 27001 & SOC 2 Type 2 

Both ISO 27001 and SOC 2 Type 2 are leading security and compliance frameworks, yet they serve different purposes: 

• ISO 27001: A globally recognized certification for information security management systems (ISMS). It sets comprehensive policies and procedures for managing risks to information security, focusing on a structured risk-based approach. 

• SOC 2 Type 2: A security certification designed specifically for technology service providers handling sensitive customer data. It evaluates operational effectiveness over time and is more tailored to cloud-based and SaaS businesses. 

While ISO 27001 provides a broad security management framework, SOC 2 Type 2 offers a more specific, audit-based assessment of how well security controls operate in real-world conditions. By holding both ISO 27001 and SOC 2 Type 2, SmartDev ensures comprehensive security compliance, catering to a diverse range of client security requirements. 

How Can It Help SmartDev 

For businesses that rely on SmartDev’s services, this certification means greater trust and reduced risk. Clients in highly regulated industries like finance, healthcare, and SaaS can now have additional assurance that their sensitive data is handled with industry-leading security measures. Moreover, SOC 2 Type 2 compliance provides a competitive advantage, allowing SmartDev to work with larger enterprises and government organizations that require stringent compliance measures from their technology partners. 

Beyond external credibility, this certification has also driven internal operational excellence within SmartDev. The certification process has led to the implementation of more robust security controls, improved incident response frameworks, and greater awareness of cybersecurity best practices across the organization. This sets a precedent for continuous innovation and security-focused growth, aligning with the long-term vision of SmartDev and the broader Verysell Group. 

2. SmartDev’s Journey: From ISO 27001 to SOC 2 Type 2 

SmartDev has long been recognized for its adherence to international compliance standards, having previously obtained ISO/IEC 27001 certification—another widely respected information security standard. However, as SmartDev expanded its client base and ventured into new markets, the company took the initiative to pursue SOC 2 Type 2, reinforcing its position as a trusted technology partner for businesses across Europe, the Middle East, and beyond. 

The journey toward SOC 2 Type 2 compliance involved several key milestones: 

• January 2023: SmartDev initiated its internal security audit, identifying key areas for improvement in alignment with SOC 2 requirements. 

• April 2023: Implementation of advanced cloud security measures, including end-to-end encryption and continuous system monitoring. 

• July 2023: SmartDev conducted an employee training program on compliance best practices, ensuring company-wide adherence to security policies. 

• September 2023: SmartDev engaged an independent auditor to begin the official SOC 2 Type 2 assessment process. 

• January 2024: Successfully completed the audit, obtaining the SOC 2 Type 2 certification. 

This rigorous process ensures that SmartDev not only meets but exceeds industry security standards, offering clients greater confidence in their software development and AI-driven solutions. 

3. Why This Matters  

SmartDev’s SOC 2 Type 2 certification is not just an internal achievement—it is a significant milestone for the entire Verysell Group and all our subsidiaries. Here’s why: 

Enhanced Trust and Credibility 

With SOC 2 Type 2, SmartDev strengthens its reputation as a trusted partner for enterprises requiring secure and compliant software solutions. This certification reassures clients that their data is in safe hands. 

Competitive Advantage in the Global Market 

As regulatory environments tighten and cybersecurity concerns grow, businesses increasingly seek vendors with proven security credentials. SmartDev’s certification provides a clear differentiator, helping us attract and retain clients in security-sensitive industries like fintech, healthcare, and SaaS. 

Stronger Security Standards Across Verysell 

The security policies and best practices implemented by SmartDev serve as a model for other Verysell subsidiaries. This achievement paves the way for group-wide enhancements in compliance and risk management. 

Future-Proofing for Data Protection Regulations 

Compliance with SOC 2 Type 2 ensures that SmartDev is aligned with global security and data protection regulations, such as GDPR (Europe) and CCPA (California). This proactive approach safeguards our business against future regulatory shifts. 

4. What’s Next? Ongoing Commitment to Security and Innovation 

Achieving SOC 2 Type 2 certification is a significant milestone, but SmartDev and Verysell Group remain committed to continuous security enhancement and innovation. Moving forward, SmartDev will: 

• Conduct continuous security audits and risk assessments to proactively identify and mitigate potential vulnerabilities. 

• Invest in AI-driven cybersecurity tools to improve real-time threat detection, anomaly detection, and automated response capabilities. 

• Enhance client security education by offering tailored cybersecurity training sessions and advisory services to help businesses strengthen their own security postures. 

• Strengthen partnerships with regulatory bodies and technology providers to stay ahead of evolving security threats and compliance requirements. 

• Integrate security-first development practices by embedding compliance measures directly into the software development lifecycle, ensuring that all products and solutions adhere to the highest security standards. 

By implementing these initiatives, SmartDev and the Verysell Group will not only maintain compliance but also drive industry leadership in secure software development, setting new benchmarks for cybersecurity excellence. 

5. A Proud Moment for Verysell Group 

The achievement of SOC 2 Type 2 certification by SmartDev is a significant milestone, not just for the company but for the entire Verysell Group. This certification solidifies our position as a leader in secure technology solutions, showcasing our commitment to maintaining the highest security and compliance standards. 

We congratulate the SmartDev team for their dedication, hard work, and unwavering commitment to building a secure and trusted digital future. Their success reflects the core values of Verysell Group, reinforcing our reputation as a trusted partner for businesses worldwide. 

As we look ahead, we remain steadfast in our mission to provide best-in-class, security-first solutions to our clients while continuously innovating to meet the evolving challenges of the digital landscape. 

For more insights on SmartDev’s compliance journey, visit SmartDev’s official announcement. 

References 

1. The Ultimate Guide to ISO 27001 | ISMS 
2. SOC 2 Type 1 vs Type 2: Differences, Similarities, and Use Cases | AuditBoard 
3.  SOC 2: Compliance | Google Cloud 
4. SOC 2 Compliance | Imperva