Deepwatch
Speciality: Red Team and Threat Simulation
Cybersecurity company specializing in managed security services and advanced threat detection; $120M annual revenue, $381M total funding, founded 2019, Palo Alto, CA; provides penetration testing and security assessments, with active engagement in red team exercises and vulnerability exploitation.
ISO 27001: Information Security Management Certification
Origin
ISO 27001 was developed by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC), and was first published in 2005. It evolved from the British Standard BS 7799-2, which was created in the late 1990s. The standard was developed in response to the growing need for organizations to systematically manage and protect sensitive information in an increasingly digital business environment. ISO 27001 has since been revised, with major updates released in 2013 and 2022 to address evolving cybersecurity threats and best practices.
Industry Value and Importance
ISO 27001 is globally recognized as the leading standard for information security management systems (ISMS) and is valued for providing a systematic, risk-based approach to protecting sensitive data. Organizations that achieve ISO 27001 certification demonstrate to clients, partners, and regulators that they have implemented comprehensive security controls and are committed to maintaining confidentiality, integrity, and availability of information. The certification is particularly important for organizations handling sensitive data, as it helps meet regulatory compliance requirements, reduces security incidents, builds customer trust, and often provides a competitive advantage in procurement processes where information security assurance is required.
SOC 2 Type II Certification
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 and privacy assurance as more organizations began storing data in the cloud and relying on third-party service providers. The certification was designed to evaluate how well service organizations manage customer data based on five "Trust Services Criteria": security, availability, processing integrity, confidentiality, and privacy. Type II specifically requires organizations to demonstrate these controls over a minimum period of time (typically 3-12 months), rather than just at a single point in time.
Industry Value
SOC 2 Type II certification is highly valued because it provides independent verification that a company has implemented and maintained robust security controls over an extended period. For service providers, achieving this certification demonstrates credibility and commitment to data protection, often becoming a competitive differentiator and a prerequisite for winning enterprise clients. Many organizations, particularly in healthcare, finance, and technology sectors, require their vendors to be SOC 2 Type II compliant before sharing sensitive data or establishing business relationships. The certification gives customers confidence that their service providers have been audited by qualified third parties and meet industry-recognized standards for protecting information assets.
PCI DSS Certification
Origin
The Payment Card Industry Data Security Standard (PCI DSS) was created in 2004 by the major credit card companies: Visa, Mastercard, American Express, Discover, and JCB International. These companies formed the PCI Security Standards Council in 2006 to manage and evolve the standard. PCI DSS was developed in response to increasing credit card fraud and data breaches, establishing a unified set of security requirements for all organizations that store, process, or transmit cardholder data. The goal was to create consistent security measures across the payment card industry to protect sensitive payment information.
Industry Value and Importance
PCI DSS compliance is mandatory for any business that handles credit card transactions, making it one of the most critical security standards in commerce today. The certification demonstrates that an organization has implemented robust security controls, including network protection, access management, encryption, and regular security testing. Non-compliance can result in severe consequences, including substantial fines (up to $100,000 per month), increased transaction fees, loss of payment processing privileges, and reputational damage following a breach. For IT professionals, PCI DSS expertise is highly valued as organizations across all industries need qualified personnel to implement, maintain, and audit these security controls.
- AARP
- Benjamin Moore
- Cinemark
- Cotiviti
- Demandbase
- Fulton Bank
- Genuine Parts Company
- Hub
- Informatica
- Insurity
- Northside Hospital
- St. Johns
- WAFD
- Xactly