OATI Expands Information Security Compliance with SOC 2 and NIST 800-53 Evaluations
Minneapolis, MN: December 08, 2021
OATI has successfully completed a SOC 2 Type 1 evaluation plus a National Institute of Standards and Technology Special Publication 800-53 (NIST SP 800-53) Revision 5 at a moderate impact level, showing OATI’s dedication to following strict industry information security standards. Over 500 controls/processes were evaluated.
The SOC 2 Type 1 audit, conducted by Schellman & Company, LLC, assesses OATI’s management of customer data based on security and availability principles. The SOC 2 audit inspected OATI’s data management practices at the time of the audit. OATI uses this information to make processes and procedures more secure, which will be assessed during a SOC 2 Type 2 audit in the coming years.
OATI added NIST SP 800-53 controls to the SOC 2 audit to further show compliance with strict security requirements. OATI over previous years was assessed through a NIST SP 800-53 Revision 4 low impact audit. For 2021, OATI increased the standards by being assessed through the NIST SP 800-53 Revision 5 at a moderate impact level. This adjustment doubled the amount of controls that were assessed, and OATI was able to meet these additional standards, proving a higher level of security in the information systems.
Please contact NIST@oati.net with any questions or to request a copy of the report.
“OATI is always on the lookout to expand our compliance repertoire,” said Sasan Mohktari, President & CEO of OATI. “We will continue to increase the security requirements in our audits with the utmost confidence that we will remain compliant.”
OATI provides innovative solutions that simplify, streamline, and empower the operational tasks required in today’s energy commerce and Smart Grid. Serving more than 2, 500 customers in North America, OATI successfully deploys and hosts diverse mission-critical solutions committed to industry standards and stringent security guidelines.
OATI (www.oati.com) is a leading provider of Smart Grid, Energy Trading and Risk Management, Transmission Scheduling, Congestion Management, Distribution, and Market Management products and services. OATI is headquartered in Minneapolis, Minnesota, with offices in California, Punjab, and Telangana. For more information, please contact firstname.lastname@example.org.