What is PropTech?

Technology for properties, or PropTech, is a convergence of connected technologies, including software and hardware, for real estate assets—such as an apartment community. PropTech has created a digital transformation for the multifamily industry. It touches construction, leasing, renting, and managing properties… all with the goal of increasing efficiencies and automation.

PropTech has a deep reach into the operation of your business and your customers. It collects and utilizes massive amounts of data. This data collection can cause you, and your residents, some alarm in the wake of increased data breaches and other cybercrime.

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What is SOC 2 compliance, how does it protect you?

SOC 2 (Service Organization Controls) are a rigorous set of compliance reports and assessments.

The five areas that SOC 2 focuses on (Trust Services Criteria) are privacy, security, availability, processing integrity, and confidentiality. When a vendor earns a certification in SOC 2, they have made certain that their services protect and ensure the accuracy of their clients’ information.

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LeaseHawk Earns SOC 2 Certification

At LeaseHawk, we strive to give our clients the most enjoyable and secure experience possible. Our SOC 2 Type 1 Compliance Certification is an achievement that confirms our commitment to ensuring the security of your data and privacy.

“SOC 2 certification allows our clients to be sure that LeaseHawk has the best-in-class internal security policies and practices which safeguard their information,” said Larry Gorman, LeaseHawk President. “We hope to provide absolute compliance and transparency in our security practices and to raise the standard for the rest of the industry in this regard.”

To earn compliance, LeaseHawk developed comprehensive security and privacy policies and procedures. These were then independently audited to ensure they met the rigorous SOC 2 requirements. As a result of the certification, LeaseHawk clients can feel confident in having heightened security and greater protection.

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It’s Time to Take Security Seriously

It’s hard to ignore the piles of news headlines reporting on data breaches and security concerns. It’s time to take security seriously. Mitigate the risk for your properties and customers by choosing PropTech vendors that value your security.