A milestone in data security and integrity has been reached by D-Wave Quantum (NYSE: QBTS), a pioneer in the field of quantum computing and one of the first companies in the world to provide quantum computers for commercial use. The business said on December 7, 2023, that it has successfully completed its SOC 2 Type 2 audit.
With this accomplishment, D-Wave claims to become the first supplier of full-stack quantum computing to achieve this degree of compliance. This achievement is especially significant since it comes just after their SOC 2 Type 1 audit, which was completed in March 2023.
In an age when third-party providers’ handling of private information is closely monitored, SOC 2 Type 2 compliance could prove to be an essential standard. The conclusion of this audit would establish D-Wave as a reliable and secure partner in the quantum computing sector, since companies are being held more and more responsible for data security, particularly when outsourcing data processing. Obtaining this accreditation can be required for clients who want to know that their data is handled with the highest security and integrity.
The CEO and Chairman of Davidson, Major General John W. Holly (USA, Ret.), said that he feels even more confident in D-Wave’s services, and he cited the SOC 2 Type 2 accreditation as a major contributing reason. The audit, carried out by reputable compliance assessor A-LIGN, highlights D-Wave’s dedication to maintaining strong security controls and the measures’ long-term efficacy.
The SOC 2 Assessment
The American Institute of Certified Public Accountants (AICPA) developed the SOC 2 assessment, which is a demanding assessment that may be used by businesses of any size and sector. It is intended to protect the private assets of both current and prospective clients by making sure that a business's data, operating protocols, staff, software, and infrastructure all meet strict security and privacy requirements.
To keep proving their commitment to data security, D-Wave has promised to do yearly SOC 2 Type 2 examinations. These findings, which are well-known across the world, will be shared under a nondisclosure agreement with existing or prospective clients, further solidifying D-Wave's status as a pioneer in quantum computing technologies. This accomplishment would not only represent a major advancement for D-Wave but also establish a benchmark for security requirements in the quickly developing realm of quantum computing.
