FOR IMMEDIATE RELEASE

Traction Technology Achieves SOC 2 Type II Certification, Reinforcing Commitment to Data Security for Enterprise Clients

NEW YORK, NY – August 15, 2025 – Traction Technology, the leading AI-powered innovation management and technology scouting platform, proudly announces the successful achievement of SOC 2 (Service Organization Control 2) Type II certification. This milestone underscores Traction Technology’s unwavering dedication to maintaining the highest standards of data security and privacy for its clients.

The Traction Technology Platform is purpose-built with powerful AI, enabling customers to systematically discover, evaluate, and manage their innovation pipeline from ideation to implementation. Traction Technology’s SOC 2 Type II certification is the result of a rigorous audit process that validates the organization’s commitment to safeguarding sensitive information and ensuring the confidentiality, integrity, and availability of its systems. Considered the gold standard of data security, SOC 2 Type II certification demonstrates Traction Technology’s adherence to the strictest practices and reinforces its position as a trusted partner in the enterprise innovation landscape.

“We are thrilled to announce the successful completion of our SOC 2 Type II certification, a significant achievement that highlights Traction Technology’s ongoing commitment to providing robust and secure innovation management solutions,” said Neal Silverman, Chief Executive Officer at Traction Technology. “This certification reflects our dedication to meeting the highest industry standards and gives our clients the assurance that their sensitive data is in safe hands.”

Traction Technology’s SOC 2 Type II certification is a result of a thorough and systematic audit conducted by an independent third-party assessor. This audit examined and validated the effectiveness of Traction Technology’s information security policies, procedures, and controls, ensuring that they meet or exceed the stringent SSAE 21 SOC 2 Type II criteria as established by The American Institute of Certified Public Accountants (AICPA). You can view Traction Technology’s security posture and verified compliance status on their Trust Center page.

Key Highlights of Traction Technology’s SOC 2 Type II Certification:

• Security: Traction Technology has implemented robust security measures to protect against unauthorized access, both physical and logical.
• Availability: The company has demonstrated its commitment to ensuring the availability of its services, systems, and data, with redundancies in place to mitigate the risk of disruptions.
• Confidentiality: The protection of sensitive information is at the forefront of Traction Technology’s business operations, with strict controls in place to prevent unauthorized disclosure.
• Privacy: Traction Technology is dedicated to respecting and safeguarding the privacy of individuals’ personal information, aligning its practices with relevant privacy regulations and standards.

The achievement of SOC 2 Type II certification is a testament to Traction Technology’s relentless pursuit of excellence in data security. As enterprise innovation solutions continue to evolve, the company remains at the forefront of innovation, ensuring its solutions are not only effective but also meet the highest industry standards.

Traction Technology customers now have the assurance provided by SOC 2 Type II standards, confident in the knowledge that their data is handled with the utmost care and in accordance with the highest security standards. This certification is a milestone that reflects Traction Technology’s dedication to being a trustworthy partner in the digital age by meeting SOC 2 Type II requirements.

About Traction Technology:‍

The Traction Technology Platform is a leading end-to-end innovation management platform built with a powerful AI engine. The platform provides customers with unprecedented insights into both external technology landscapes and internal innovation pipelines.

Traction Technology's comprehensive solution includes idea crowdsourcing, technology scouting, structured evaluation workflows, and project management capabilities. This enables customers to understand and quantify their innovation risk, accelerate strategic initiatives, and stay ahead of global trends. Follow Traction Technology on LinkedIn.

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