Houston, TX - May 15th, 2025 - Corva announced that the company has undergone a System and Organization Controls (SOC) 2 examination resulting in a CPA’s report stating that management of Corva maintained effective controls over the security and availability of its Corva Platform system.
The engagement was performed by BARR Advisory, P.A., a global cybersecurity consulting and compliance attestation firm that has served as a trusted advisor to hundreds of cloud-based and hybrid organizations aiming to build trust and resilience through cybersecurity compliance.
“We hope that achieving these milestones inspires confidence and assures our customers and partners that we view data security as a top priority.”
A SOC 2 report is designed to meet the needs of existing or potential customers who need assurance about the effectiveness of controls used by the service organization to process customers’ information.
The following principles and related criteria have been developed by the American Institute of CPAs (AICPA) for use by practitioners in the performance of trust services engagements:
- Security: The system is protected against unauthorized access (both physical and logical).
- Availability: The system is available for operation and use as committed or agreed.
- Processing Integrity: System processing is complete, valid, accurate, timely, and authorized to meet the entity’s objectives.
- Confidentiality: Information designated as confidential is protected as committed or agreed.
- Privacy: Personal information is collected, used, retained, disclosed, and disposed of to meet the
- entity’s objectives.
- HIPAA Security Rule Requirements: The system is compliant with the applicable HIPAA Security Rule requirements set forth in the U.S. Department of Health and Human Services’ (HHS) Health Information Portability and Accountability Act.
Based on one or more of these criteria, SOC 2 reports provide valuable information that existing and potential customers of the service organization need to assess and address the risks associated with an outsourced service.
About Corva
Corva (the “company”) was founded in 2014 and provides real-time data and analytics for oil and gas. Corva provides custom development, hosting, and integration software services throughout the United States.
Corva’s core product, the Corva Platform (the “system”), is a collection of custom software solutions, and services that provide analytics over the following:
- Drilling monitoring
- Rig optimization
- Hazard avoidance
- Real-time completions
- Completions analytics
- Real-time drill outs
Corva’s software enables customers to make real-time decisions, as well as future decisions based on real-time and historical data respectively. Corva also provides customers with real-time support, and interpretation of the analytics provided through their operations team that have extensive experience in understanding and clearly indicating insights about the operational data received.
About BARR Advisory
BARR Advisory is a cloud-based security and compliance solutions provider specializing in cybersecurity consulting and compliance for companies with high-value information in cloud environments like AWS, Microsoft Azure, and Google Cloud Platform. A trusted advisor to some of the fastest growing cloud-based organizations around the globe, BARR simplifies compliance across multiple regulatory and customer requirements in highly regulated industries including technology, financial services, healthcare, and government.
Nov 15, 2024
