The leading SaaS provider for Managed Print Services has successfully completed its annual round of audits for compliance to the three most recognised security standards
MPS Monitor®, the company that develops and distributes the leading platform for remote monitoring and management of printers and multifunction devices, announced today the successful completion of its System and Organization Controls 2 Type 2 (SOC 2® Type 2) examination, which included compliance to CSA Star Level 2 CCM requirements. In January 2023 the company also successfully passed an audit for the renewal of its ISO/IEC 27001 certificate.
MPS Monitor’s certified compliance with these three top security standards demonstrates the company’s commitment to ensuring the highest levels of security and privacy for its customers. The company has, for many years, adopted a holistic approach to Print Security, with the goal of providing the industry with the most secure cloud infrastructure for remote monitoring and management of print devices.
Established by the American Institute of Certified Public Accountants (AICPA), the SOC 2 examination is designed for organizations of any size, regardless of industry and scope. Achieving this accreditation confirms that the information assets of a company, of its customers and partners are securely protected. SOC 2 reports are recognized globally and affirm that a company’s infrastructure, software, people, data, policies, procedures and operations have been formally reviewed, to make sure that adequate security controls are in place and are effective.
Since being certified for the first time with the ISO/IEC 27001 standard back in 2017, MPS Monitor has always looked for ways to improve its Information Security Management System, and to further strengthen its security posture. In 2021 the company achieved its first compliance with SOC 2 Type 1 Trust Services Criteria. The latest achievement of SOC 2 Type 2 is much more stringent than SOC 2 Type 1, as Type 2 verifies the effectiveness of security controls over a period of one year, and not only on a certain date.
In addition to SOC 2 Type 2, the company decided to obtain a CSA Star Level 2 Attestation. The CSA Star Program is promoted by the Cloud Security Alliance, and ensures compliance with Cloud Control Matrix (CCM), a cybersecurity control framework for cloud computing. CCM is s composed of 197 control objectives that are structured in 17 domains covering all key aspects of cloud technology. It can be used as a tool for the systematic assessment of a cloud implementation and provides guidance on which security controls should be implemented by which actor within the cloud supply chain. The controls framework is aligned with the CSA Security Guidance for Cloud Computing and is considered a de-facto standard for cloud security assurance and compliance.
Commenting on the announcement, Nicola De Blasi, CEO of MPS Monitor, stated: “Everything we do is centered onprotecting user’s information and IT assets, so security is a fundamental component of MPS Monitor’s culture and strategy. This is increasingly important as the print market evolves towards massive usage of SaaS and cloud platforms for every aspect of the business. Certified compliance with these three standards is an extremely valuable demonstration to our customers that their security is our first priority. Our Information Security Management System, now certified as compliant to ISO/IEC 27001, to SOC 2 Type 2 and to CSA Star Level 2, provides by far the highest security profile currently available in our industry.”
Najib Nassif, Director of Technology at Valsoft Corporation, owner of MPS Monitor, said: “When we acquired MPS Monitor in 2022, we quickly realized that the company’s commitment to information security is extremely high, and these recent certifications are a further demonstration of an excellent security posture. At Valsoft, we buy and hold SaaS companies that have the ability to grow and deliver value for the long term to customers, and security is a fundamental element of any profitable and sustainable business model. We are extremely proud of the achievements that the MPS Monitor team is accomplishing in this area.”
MPS Monitor will make its SOC 2 Type 2 Report available immediately to current or potential customers through authentication to its Portal and upon e-signature of a specific non-disclosure agreement (NDA). The CSA Star attestation will be publicly available here. The updated ISO 27001 certificate is available here.
About MPS Monitor
With more than 1.400.000 printing devices and 37 billion pages monitored each year in over 240,000 end users, MPS Monitor is one of the major global IoT printer monitoring software solutions for the provision of Managed Print Services. MPS Monitor provides a complete SaaS platform for monitoring and managing printers. It is available as a cloud service, and comes equipped with a full set of APIs for integrating external software solutions. Its highly scalable and high-performing data collection technology allows Dealers/VARs, large end-users, manufacturers, and retailers of printer consumables, to satisfy all needs associated with the management of printing devices, including recording page volumes, with controlled, automated supply of toner and associated consumables.
For more information, please visit www.mpsmonitor.com
About Valsoft Corporation
Valsoft Corporation acquires and develops vertical market software companies through which each business can deliver the best mission-critical solutions for customers in their respective industry or niche. A key tenet of Valsoft’s philosophy is to invest in well-established businesses and foster an entrepreneurial environment that shapes a company into a leader in its respective industry. Unlike private equity and VC firms, Valsoft does not have a predefined investment horizon and looks to buy, hold, and create value through long-term partnerships with existing management and customers.