CrowdStrike
Speciality: Adversary Emulation and Cloud Security
CrowdStrike is a private cybersecurity company specializing in computer and network security, with 7,522 employees, $4.6B annual revenue, and a $76.2B market cap. Based in Sunnyvale, California, it has received $1.2B in total funding, last raising in December 2022. The firm offers penetration testing services that simulate real-world attacks to assess detection and response capabilities, emphasizing adversary-emulation and red team activities. It competes with major cybersecurity firms and maintains a strong global market presence.
SOC 2 Certification Overview
Origin
SOC 2 (Service Organization Control 2) was developed by the American Institute of Certified Public Accountants (AICPA) in 2011 as part of their Service Organization Control reporting framework. It was created to address the growing need for standardized security evaluations as businesses increasingly moved to cloud-based services and outsourced IT operations. The AICPA developed SOC 2 to provide a framework that service providers could use to demonstrate their commitment to protecting customer data across five "Trust Service Criteria": security, availability, processing integrity, confidentiality, and privacy.
Industry Value
SOC 2 certification has become a critical trust signal in the technology and service provider industry, particularly for SaaS companies, cloud hosting providers, and data centers. Organizations value SOC 2 compliance because it provides third-party validation that a vendor has implemented appropriate controls to protect sensitive data, reducing the risk and liability associated with outsourcing. For service providers, achieving SOC 2 compliance is often a competitive necessity, as many enterprise customers and partners require it before entering into business relationships. The certification helps streamline vendor security assessments, as clients can rely on the audited report rather than conducting their own lengthy security reviews.
TISAX: Trusted Information Security Assessment Exchange
Origin
TISAX (Trusted Information Security Assessment Exchange) was created by the ENX Association (European Network Exchange) in 2017 at the request of the German automotive industry, specifically the VDA (Verband der Automobilindustrie - German Association of the Automotive Industry). The certification was developed to address the automotive sector's need for a standardized, mutual recognition framework for information security assessments. It was created to reduce the burden of multiple audits on suppliers, as automotive manufacturers were each conducting their own security assessments of shared suppliers, leading to duplication and inefficiency.
Industry Importance
TISAX has become essential for companies working with the automotive industry, particularly in Europe, as many major manufacturers now require it from their suppliers and partners. The certification provides a trusted, industry-recognized validation of a company's information security practices, protecting sensitive data such as intellectual property, product designs, and business information. Its importance stems from the mutual recognition principle—once a company achieves TISAX certification, the results are shared across participating organizations, eliminating redundant audits and creating efficiency while maintaining high security standards. For suppliers, TISAX certification has become virtually mandatory to maintain or establish business relationships with automotive OEMs and tier-1 suppliers.
ISO/IEC 27001:2022
Origin
ISO/IEC 27001 was developed jointly by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC). The standard evolved from the British Standard BS 7799, first published in 1995, with the first ISO/IEC 27001 version released in 2005. The most recent version, ISO/IEC 27001:2022, was published in October 2022. It was created to provide organizations with a systematic framework for establishing, implementing, maintaining, and continually improving an Information Security Management System (ISMS), addressing the growing need for standardized approaches to protecting sensitive information in an increasingly digital world.
Industry Value
ISO/IEC 27001 is highly valued in the industry because it demonstrates an organization's commitment to information security through independent, third-party certification. The standard provides credibility and competitive advantage, often serving as a prerequisite for doing business with government agencies and security-conscious organizations. It helps companies systematically identify and manage information security risks, ensure regulatory compliance, and build customer trust. For many industries—particularly finance, healthcare, technology, and cloud services—ISO/IEC 27001 certification has become essential for winning contracts, entering new markets, and demonstrating due diligence in protecting client and organizational data.
- Intel Corporation
- Target
- Salesforce
- Ericsson
- Montage Health
- City of Las Vegas
- State of Oklahoma
- Jemena
- Cox Automotive
- Travel + Leisure
- Next15
- ALDO Group
- WEX
- Kovack Securities
- Vodafone Oman
- Monvia
- ServiceNow
- People First Bank
- Paskenta Band of Nomlaki Indians
- VyStar Credit Union