Successful Completion of SOC 1, 2 and 3 Audits Affirms MVSC’s Robust Security Measures

Successful Completion of SOC 1, 2 and 3 Audits Affirms MVSC’s Robust Security Measures

Security and transparency define MVSC. For the second year, we’ve successfully completed the American Institute of Certified Public Accountants’ (AICPA) Service Organization Control (SOC) 1 Type II audit. But when it comes to giving you piece of mind, we will always strive to do more. Consequently, we also successfully completed the SOC 2 and 3 audits for the first time.

Customers entrust their sensitive information with your dealership. But whom can you yourself trust with these data? Over the last decade, MVSC has earned the trust of more than half of California’s new car dealerships by backing the industry’s most innovative electronic registration and titling (ERT) solutions with stringent security measures.

For each calendar year since 2014, we have successfully completed the SOC 1 Type II audit, which affirms our ability to securely store, handle and transmit data. The SOC 1 Type II audit evaluates MVSC’s control environment and objectives, in accordance with the Statement on Standards for Attestation Engagements (SSAE) No. 16, Reporting on Controls at a Service Organization.

For us, however, that’s not enough.

For the 2015 calendar year, we also successfully completed the SOC 2: Security Audit Report, which reviews MVSC’s control environment and verifies it meets the AICPA’s trust services security principle. While we are not allowed to share our SOC 1 and 2 audit reports with the general public, they are available to businesses that have a demonstrable business need to view them. We also successfully completed the SOC 3: Security Audit Report, which similarly demonstrates MVSC has met the AICPA’s trust services security principle. The SOC 3 audit report is available to the general public to view.

At MVSC, trust is at the foundation of our dealer partnerships. By voluntarily submitting to these audits, we strive to give our dealer partners the information and transparency they demand to make informed business decisions. We are committed to providing the most robust security measures in the ERT industry.