In today’s digital marketplace, where the importance of safeguarding sensitive information has never been greater, Old Republic Title Tech Companies (OR Title Tech) is pleased to announce that its RamQuest and Pavaso companies have successfully completed the SOC 2 Type 2 certification process. This achievement is a testament to the enterprise’s ongoing commitment to protect real estate transactions and keep customer data private and secure.
With the rising digitization of real estate transactions, title insurance companies and their customers have become targets for cyberattacks and data breaches. The gravity of these risks should not be underestimated, as they can lead to significant financial loss, reputational damage and legal ramifications.
SOC 2 Type 2 certification signals that an organization’s cybersecurity and control measures meet all objectives outlined by the American Institute of Certified Public Accountants (AICPA), as verified by a rigorous assessment of external auditors. An organization must demonstrate that it meets best practices as defined by the AICPA’s Trust Services Criteria.
“Our team worked hard to develop a comprehensive cybersecurity infrastructure and protocols designed to protect all of our stakeholders,” says Brooks Yeager, Senior Vice President of Old Republic National Title Insurance Company and President of OR Title Tech. "We are proud to have met the industry gold standard for fortifying our cybersecurity defenses, and we continue to offer our customers the assurance that we will not sell their data.”
About Old Republic Title Tech Companies
Old Republic Title Tech Companies (OR Title Tech) is comprised of commercial software companies that serve the real estate and title insurance industries by providing leading technology solutions, including E-Closing, ePN, Pavaso, RamQuest and SMKT. As part of Old Republic Title Insurance Group, OR Title Tech offers cutting-edge technology, tools and solutions to provide superior service and support for our title agents and customers.
For more information about OR Title Tech Companies, visit ortitletech.com.