Praisidio increases security without the expense of hiring a team

The Company

Combatting employees attrition

Praisidio is an enterprise risk management artificial intelligence-based software company. Praisidio is committed to reducing your enterprise's workforce attrition by 10% or more.

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The Challenge

Proving compliance for customers

Praisidio’s customers include large enterprises that require multiple security and compliance certificates before signing on. Praisidio set their sights on achieving their SOC 2 Type II in order to accommodate requests from enterprise prospects. Deciding to get SOC 2 certified was an easy choice for a company with a focus on security — but how to get started proved more complicated.

‍Praisidio considered gathering evidence manually or hiring a full-time SOC 2 staff role. They discussed their options with several IT directors at larger companies, some of whom employed teams of five to 20 people to manage their SOC 2 process.

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The Solution

Started security early

Praisidio turned to Vanta for its proven expertise in guiding teams through the SOC 2 process with ease — especially with first-timers. Vanta simplified Praisidio’s SOC 2 journey, paving the way for a smooth audit and Praisidio’s successful completion of their first SOC 2 Type II certificate — a particularly notable achievement for a company not yet a year old.

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The Impact

A growing security and compliance program

Praisidio’s SOC 2 compliance journey could have been tedious and time-consuming, requiring new staff and more. Instead, Vanta streamlined Praisidio’s security and compliance program with easy policy templates and real-time monitoring of controls — saving Praisidio time and money.